J&B International (ROCO:4442) ROCE % : 18.72% (As of Mar. 2024)

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What is J&B International 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. J&B International's annualized ROCE % for the quarter that ended in Mar. 2024 was 18.72%.

J&B International ROCE % Historical Data

The historical data trend for J&B International'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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J&B International ROCE % Chart

J&B International Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

32.70

31.34

17.38

J&B International Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial						10.02	15.86	1.72	14.58	18.72

J&B International ROCE % Calculation

J&B International'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 )
	=	77.692	/	( ( (718.138 - 288.094)	+	(814.236 - 350.332) )	/ 2 )
	=	77.692	/	( (430.044	+	463.904)	/ 2 )
	=	77.692	/	446.974
	=	17.38 %

J&B International'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 )
	=	101.212	/	( ( (809.86 - 283.594)	+	(759.286 - 204.433) )	/ 2 )
	=	101.212	/	( ( 526.266	+	554.853 )	/ 2 )
	=	101.212	/	540.5595
	=	18.72 %

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

J&B International (ROCO:4442) 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.

J&B International ROCE % Related Terms

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J&B International (ROCO:4442) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » J&B International Inc (ROCO:4442) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 186, Jian 1st Road, Building 4/H, Floor 14, Zhonghe District, New Taipei, TWN, 235603

Website

https://www.jb-group.com.tw

J&B International Inc is as a fabric solution supplier for international sports, leisure, and outdoor activity brands. It provides fabrics for sports, outdoor, winter, ski and leisurewear, working cross sector with various apparel brands.

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