Trade-Van Information Services Co (TPE:6183) ROCE % : 17.19% (As of Dec. 2023)

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What is Trade-Van Information 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. Trade-Van Information Services Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 17.19%.

Trade-Van Information Services Co ROCE % Historical Data

The historical data trend for Trade-Van Information 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.

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Trade-Van Information Services Co ROCE % Chart

Trade-Van Information Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.67

17.76

21.39

22.44

21.83

Trade-Van Information Services 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															12.44	20.70	25.71	24.67	17.19

Trade-Van Information Services Co ROCE % Calculation

Trade-Van Information 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 )
	=	585.114	/	( ( (3419.515 - 804.1)	+	(3658.384 - 912.586) )	/ 2 )
	=	585.114	/	( (2615.415	+	2745.798)	/ 2 )
	=	585.114	/	2680.6065
	=	21.83 %

Trade-Van Information Services 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 )
	=	465.644	/	( ( (3482.023 - 808.642)	+	(3658.384 - 912.586) )	/ 2 )
	=	465.644	/	( ( 2673.381	+	2745.798 )	/ 2 )
	=	465.644	/	2709.5895
	=	17.19 %

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

Trade-Van Information Services Co (TPE:6183) 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.

Trade-Van Information Services Co ROCE % Related Terms

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Trade-Van Information Services Co (TPE:6183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Trade-Van Information Services Co Ltd (TPE:6183) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

No. 19-13, Sanchong Road, 6th Floor, Nangang District, Taipei, TWN, 115

Website

https://www.trade-van.com

Trade-Van Information Services Co Ltd is a Taiwan-based company. The company has only one reportable segment that is providing electronic data exchanging and related services. The group earns revenue in the form of Electronic data exchanging services, project services, and Equipment managing services.

Trade-Van Information Services Co (TPE:6183) Headlines

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