Ableprint Technology Co (ROCO:7734) ROCE % : 0.00% (As of Dec. 2023)

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What is Ableprint Technology 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. Ableprint Technology Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Ableprint Technology Co ROCE % Historical Data

The historical data trend for Ableprint Technology 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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Ableprint Technology Co ROCE % Chart

Ableprint Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

57.43

56.66

58.98

29.04

Ableprint Technology Co Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	-	-	-	-

Ableprint Technology Co ROCE % Calculation

Ableprint Technology 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 )
	=	702.853	/	( ( (2825.801 - 722.236)	+	(3447.573 - 711.07) )	/ 2 )
	=	702.853	/	( (2103.565	+	2736.503)	/ 2 )
	=	702.853	/	2420.034
	=	29.04 %

Ableprint Technology 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	0	/	( ( (2790.885 - 647.261)	+	(3447.573 - 711.07) )	/ 2 )
	=	0	/	( ( 2143.624	+	2736.503 )	/ 2 )
	=	0	/	2440.0635
	=	0.00 %

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

Ableprint Technology Co (ROCO:7734) 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.

Ableprint Technology Co ROCE % Related Terms

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Ableprint Technology Co (ROCO:7734) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ableprint Technology Co Ltd (ROCO:7734) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 173, Dahu Road, Xiangshan District, Hsinchu, TWN, 300110

Website

http://www.ableprint.com.tw

Ableprint Technology Co Ltd is a company that provides solutions to advanced packaging process problems as an entry into the entrepreneurial market, provide a complete set of systems to solve problems and reduce manufacturing costs.

Ableprint Technology Co (ROCO:7734) Headlines

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