GURUFOCUS.COM » STOCK LIST » Technology » Hardware » C C P Contact Probes Co Ltd (ROCO:6217) » Definitions » ROCE %

C C P Contact Probes Co (ROCO:6217) ROCE % : -4.28% (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is C C P Contact Probes 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. C C P Contact Probes Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -4.28%.


C C P Contact Probes Co ROCE % Historical Data

The historical data trend for C C P Contact Probes 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.

* Premium members only.

C C P Contact Probes Co ROCE % Chart

C C P Contact Probes Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.06 5.13 8.93 6.41 0.47

C C P Contact Probes Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.28 7.56 0.13 -1.55 -4.28

C C P Contact Probes Co ROCE % Calculation

C C P Contact Probes 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 )
=17.585/( ( (4884.808 - 1154.849) + (5009.263 - 1237.343) )/ 2 )
=17.585/( (3729.959+3771.92)/ 2 )
=17.585/3750.9395
=0.47 %

C C P Contact Probes Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-162.468/( ( (5160.27 - 1346.736) + (5009.263 - 1237.343) )/ 2 )
=-162.468/( ( 3813.534 + 3771.92 )/ 2 )
=-162.468/3792.727
=-4.28 %

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

* 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.


C C P Contact Probes Co  (ROCO:6217) 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.


C C P Contact Probes Co ROCE % Related Terms

Thank you for viewing the detailed overview of C C P Contact Probes Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


C C P Contact Probes Co (ROCO:6217) Business Description

Traded in Other Exchanges
N/A
Address
5F, No.8 Lane 24 Ho Ping Road, Panchiao Dist., New Taipei City, TWN
C C P Contact Probes Co Ltd offers testing solutions, including wafer level testing, general final test, high current solution, high-frequency solution, kelvin contact solution, memory test solution, burn-in test solution, fine pitch connector test, ATE connecting solution, IC probe search, and ICT probe search solutions. It also provides Pogo pin connectors, EV crown springs and Industrial connectors.

C C P Contact Probes Co (ROCO:6217) Headlines

No Headlines