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Continental Holdings (TPE:3703) ROCE % : 1.44% (As of Mar. 2024)


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What is Continental Holdings 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. Continental Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.44%.


Continental Holdings ROCE % Historical Data

The historical data trend for Continental Holdings'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.

Continental Holdings ROCE % Chart

Continental Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.28 5.24 6.28 8.07 5.84

Continental Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 4.23 7.37 6.61 5.47 1.44

Continental Holdings ROCE % Calculation

Continental Holdings'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 )
=2481.151/( ( (75050.242 - 33604.335) + (78410.672 - 34911.917) )/ 2 )
=2481.151/( (41445.907+43498.755)/ 2 )
=2481.151/42472.331
=5.84 %

Continental Holdings'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 )
=605.888/( ( (78410.672 - 34911.917) + (80196.347 - 39787.5) )/ 2 )
=605.888/( ( 43498.755 + 40408.847 )/ 2 )
=605.888/41953.801
=1.44 %

(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.


Continental Holdings  (TPE:3703) 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.


Continental Holdings ROCE % Related Terms

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Continental Holdings (TPE:3703) Business Description

Traded in Other Exchanges
N/A
Address
No. 95, Dun-Hua South Road, Section 2, 23rd Floor, Da'an District, Taipei, TWN, 106
Continental Holdings Corp is a Taiwan-based investment holding company that is primarily engaged in civil engineering and construction, real estate development and environmental engineering. The company operates in following segment: Construction Engineering; Real Estate Development; Environmental Project Development and Water Treatment and Investment. Construction Engineering include civil construction and building construction. Real Estate Development include real estate development and lease. Environmental Project Development and Water Treatment include expertise in processing sewage, industrial wastewater, solid waste, etc. Investment to integrate operating strategy, supervising and monitoring each operating segments operation and control and allocate each operating segment.

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