Yao Sheng Electronics Co (ROCO:3207) ROCE % : 0.82% (As of Mar. 2024)

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What is Yao Sheng Electronics 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. Yao Sheng Electronics Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.82%.

Yao Sheng Electronics Co ROCE % Historical Data

The historical data trend for Yao Sheng Electronics 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.
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Yao Sheng Electronics Co ROCE % Chart

Yao Sheng Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.84

-5.83

6.47

24.41

7.31

Yao Sheng Electronics Co 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															18.36	16.56	5.74	-8.75	0.82

Yao Sheng Electronics Co ROCE % Calculation

Yao Sheng Electronics Co'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 )
	=	107.058	/	( ( (1682.088 - 404.535)	+	(2167.515 - 515.78) )	/ 2 )
	=	107.058	/	( (1277.553	+	1651.735)	/ 2 )
	=	107.058	/	1464.644
	=	7.31 %

Yao Sheng Electronics Co'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 )
	=	15.592	/	( ( (2167.515 - 515.78)	+	(2674.757 - 514.613) )	/ 2 )
	=	15.592	/	( ( 1651.735	+	2160.144 )	/ 2 )
	=	15.592	/	1905.9395
	=	0.82 %

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

Yao Sheng Electronics Co (ROCO:3207) 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.

Yao Sheng Electronics Co ROCE % Related Terms

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Yao Sheng Electronics Co (ROCO:3207) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yao Sheng Electronics Co Ltd (ROCO:3207) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongcheng Road, 10th floor, No.-95, Tucheng, New Taipei, TWN, 236

Website

http://www.top-nation.com

Yao Sheng Electronics Co Ltd manufactures and distributes transformers and inductors products in Taiwan. Its products are used in various electronic products including monitors, televisions and computers, the power supply and communication electronics, laptops, scanners, LCD Monitor, digital cameras PDA and other electronic products.

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