Kiwi Technology (ROCO:6699) ROCE % : -26.06% (As of Dec. 2023)

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What is Kiwi Technology 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. Kiwi Technology's annualized ROCE % for the quarter that ended in Dec. 2023 was -26.06%.

Kiwi Technology ROCE % Historical Data

The historical data trend for Kiwi Technology'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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Kiwi Technology ROCE % Chart

Kiwi Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-30.34

-17.61

-28.63

-18.57

-32.21

Kiwi Technology Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial									-28.10	-8.18	-22.53	-38.82	-26.06

Kiwi Technology ROCE % Calculation

Kiwi Technology'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 )
	=	-46.832	/	( ( (189.673 - 17.942)	+	(137.212 - 18.149) )	/ 2 )
	=	-46.832	/	( (171.731	+	119.063)	/ 2 )
	=	-46.832	/	145.397
	=	-32.21 %

Kiwi Technology'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 )
	=	-33.51	/	( ( (152.74 - 14.588)	+	(137.212 - 18.149) )	/ 2 )
	=	-33.51	/	( ( 138.152	+	119.063 )	/ 2 )
	=	-33.51	/	128.6075
	=	-26.06 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Kiwi Technology (ROCO:6699) 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.

Kiwi Technology ROCE % Related Terms

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Kiwi Technology (ROCO:6699) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kiwi Technology Inc (ROCO:6699) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 118, Ciyun Road, No. 27, Floor 5, East District, Hsinchu, TWN, 302

Website

https://www.kiwi-tec.com

Kiwi Technology Inc is engaged in business projects like audio-visual and communication ICs Design and sales of chips, and IoT solutions for LoRA low-power wide-area networks. Its cloud platform provides node devices, gateways, and the entire network, as a data storage and processing platform. The solutions offered by the company include Food Safety, Smart Agriculture, Smart Building and Disaster Prevention among others.

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