Voltronic Power Technology (TPE:6409) ROCE % : 36.47% (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Voltronic Power Technology ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Voltronic Power Technology's annualized ROCE % for the quarter that ended in Mar. 2024 was 36.47%.

Voltronic Power Technology ROCE % Historical Data

The historical data trend for Voltronic Power Technology's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Voltronic Power Technology ROCE % Chart

Voltronic Power Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

56.01

50.44

51.05

71.38

47.47

Voltronic Power Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															39.19	71.13	40.77	46.39	36.47

Voltronic Power Technology ROCE % Calculation

Voltronic Power Technology's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	4445.633	/	( ( (16085.375 - 6626.858)	+	(14756.099 - 5484.792) )	/ 2 )
	=	4445.633	/	( (9458.517	+	9271.307)	/ 2 )
	=	4445.633	/	9364.912
	=	47.47 %

Voltronic Power Technology's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	3570.444	/	( ( (14756.099 - 5484.792)	+	(16294.181 - 5982.667) )	/ 2 )
	=	3570.444	/	( ( 9271.307	+	10311.514 )	/ 2 )
	=	3570.444	/	9791.4105
	=	36.47 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Voltronic Power Technology (TPE:6409) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Voltronic Power Technology ROCE % Related Terms

Thank you for viewing the detailed overview of Voltronic Power Technology's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Voltronic Power Technology (TPE:6409) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Voltronic Power Technology Corp (TPE:6409) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 406, Xinhu 1st Road, Neihu District, Taipei, TWN

Website

https://www.voltronicpower.com

Voltronic Power Technology Corp is a Taiwan-based company that manufactures and distributes uninterruptible power supplies (UPSs), photovoltaic products, and electronic materials. Voltronic's product portfolio includes solar power pump inverters, off-grid inverters, standby UPSs, online and off-line UPSs, line interactive UPSs, automatic voltage regulators (AVRs), bypass switches, simple network management protocol cards, modbus cards, and rack towers. The firm has four manufacturing facilities in China and Taiwan.

Voltronic Power Technology (TPE:6409) Headlines

No Headlines