Radium Life Tech Co (TPE:2547) ROCE % : 4.38% (As of Dec. 2023)

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What is Radium Life Tech 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. Radium Life Tech Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.38%.

Radium Life Tech Co ROCE % Historical Data

The historical data trend for Radium Life Tech 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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Radium Life Tech Co ROCE % Chart

Radium Life Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.36

4.13

2.56

2.90

2.95

Radium Life Tech 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															3.44	1.93	2.46	3.12	4.38

Radium Life Tech Co ROCE % Calculation

Radium Life Tech 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 )
	=	1172.931	/	( ( (57354.016 - 18346.139)	+	(60375.984 - 19927.876) )	/ 2 )
	=	1172.931	/	( (39007.877	+	40448.108)	/ 2 )
	=	1172.931	/	39727.9925
	=	2.95 %

Radium Life Tech 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 )
	=	1753.38	/	( ( (58658.476 - 19028.763)	+	(60375.984 - 19927.876) )	/ 2 )
	=	1753.38	/	( ( 39629.713	+	40448.108 )	/ 2 )
	=	1753.38	/	40038.9105
	=	4.38 %

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

Radium Life Tech Co (TPE:2547) 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.

Radium Life Tech Co ROCE % Related Terms

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Radium Life Tech Co (TPE:2547) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Radium Life Tech Co Ltd (TPE:2547) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No.209, Section 1, Civic Boulevard, 14th Floor, Datong District, Taipei, TWN, 103

Website

https://www.radium.com.tw

Radium Life Tech Co Ltd is engaged in the development, sale, and leasing of residential and commercial buildings constructed by independent construction contractors. The company also manages industrial properties on behalf of government entities.

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