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Acmepoint Energy Services Co (ROCO:6692) ROCE % : -13.18% (As of Mar. 2024)


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What is Acmepoint Energy Services 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. Acmepoint Energy Services Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -13.18%.


Acmepoint Energy Services Co ROCE % Historical Data

The historical data trend for Acmepoint Energy Services 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.

Acmepoint Energy Services Co ROCE % Chart

Acmepoint Energy Services Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only 20.78 29.27 13.20 23.47 2.63

Acmepoint Energy Services Co Quarterly Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.63 5.96 -0.74 1.43 -13.18

Acmepoint Energy Services Co ROCE % Calculation

Acmepoint Energy Services 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 )
=25.316/( ( (2199.111 - 1291.797) + (2195.974 - 1181.242) )/ 2 )
=25.316/( (907.314+1014.732)/ 2 )
=25.316/961.023
=2.63 %

Acmepoint Energy Services 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 )
=-144.504/( ( (2195.974 - 1181.242) + (2367.06 - 1188.185) )/ 2 )
=-144.504/( ( 1014.732 + 1178.875 )/ 2 )
=-144.504/1096.8035
=-13.18 %

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


Acmepoint Energy Services Co  (ROCO:6692) 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.


Acmepoint Energy Services Co ROCE % Related Terms

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Acmepoint Energy Services Co (ROCO:6692) Business Description

Traded in Other Exchanges
N/A
Address
No.257, Xinhu 2nd Road, 6 Floor, Neihu District, Taipei, TWN, 114
Acmepoint Energy Services Co is a Taiwan-based company engaged in the construction of the solar power station. Products and services offered by the company include solar system and station services, solar thermal power systems, energy storage systems, and biomass energy generation systems, among others. The company is also engaged in the development of overseas projects.

Acmepoint Energy Services Co (ROCO:6692) Headlines

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