Eclat Textile Co (TPE:1476) ROCE % : 34.64% (As of Sep. 2023)

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What is Eclat Textile Co 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. Eclat Textile Co's annualized ROCE % for the quarter that ended in Sep. 2023 was 34.64%.

Eclat Textile Co ROCE % Historical Data

The historical data trend for Eclat Textile Co'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.

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Eclat Textile Co ROCE % Chart

Eclat Textile Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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34.33

31.20

28.18

30.47

35.84

Eclat Textile Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															44.77	16.38	18.97	32.66	34.64

Eclat Textile Co ROCE % Calculation

Eclat Textile Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	8608.825	/	( ( (29278.767 - 7026.763)	+	(33363.523 - 7577.232) )	/ 2 )
	=	8608.825	/	( (22252.004	+	25786.291)	/ 2 )
	=	8608.825	/	24019.1475
	=	35.84 %

Eclat Textile Co's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	8275.26	/	( ( (33173.41 - 10006.445)	+	(30765.012 - 6148.711) )	/ 2 )
	=	8275.26	/	( ( 23166.965	+	24616.301 )	/ 2 )
	=	8275.26	/	23891.633
	=	34.64 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Eclat Textile Co (TPE:1476) 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.

Eclat Textile Co ROCE % Related Terms

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Eclat Textile Co (TPE:1476) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Eclat Textile Co Ltd (TPE:1476) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 80, Section 2, Chang'an E. Road, 10th Floor, 3, Taipei, TWN

Website

https://www.eclat.com.tw

Eclat Textile Co Ltd is a Taiwan-based textile company that operates in two segments: the knitted division, which produces and sells flexible textiles, and the clothing division, which produces, process, and sells clothing. Its geographical segments include the Americas, Asia, Europe, the Middle East, ANZ, Africa, and Other countries.

Eclat Textile Co (TPE:1476) Headlines

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