Gogolook Co (TPE:6902) ROCE % : 9.75% (As of Mar. 2024)

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What is Gogolook 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. Gogolook Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.75%.

Gogolook Co ROCE % Historical Data

The historical data trend for Gogolook 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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Gogolook Co ROCE % Chart

Gogolook Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-15.34

-20.38

-22.09

1.63

Gogolook Co Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial						3.46	17.56	15.04	-17.99	9.75

Gogolook Co ROCE % Calculation

Gogolook 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 )
	=	5.731	/	( ( (404.23 - 160.311)	+	(680.014 - 222.603) )	/ 2 )
	=	5.731	/	( (243.919	+	457.411)	/ 2 )
	=	5.731	/	350.665
	=	1.63 %

Gogolook Co'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 )
	=	47.492	/	( ( (680.014 - 222.603)	+	(714.994 - 198.526) )	/ 2 )
	=	47.492	/	( ( 457.411	+	516.468 )	/ 2 )
	=	47.492	/	486.9395
	=	9.75 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Gogolook Co (TPE:6902) 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.

Gogolook Co ROCE % Related Terms

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Gogolook Co (TPE:6902) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gogolook Co Ltd (TPE:6902) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 102, Sec. 2, Roosevelt Road, 23rd Floor-1, Zhongzheng District, Taipei City, TWN, 100

Website

Gogolook Co Ltd engages in the development of data-driven technology and the expansion of AI applications. Its business solutions comprise Watchmen Reputation Protection Service, identity suite, and Caller Database Solutions. Its Anti-Fraud Service comprises Whoscall, Auntie Meiyu fact-checker, and Call Defender; Fintech services comprise AI technology for fraud prevention and alert aiming to improve the level of trust between users and banks, offering an accessible platform for financial products.

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