Screen Holdings Co (Screen Holdings Co) ROCE % : 29.54% (As of Dec. 2023)

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What is Screen Holdings 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. Screen Holdings Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 29.54%.

Screen Holdings Co ROCE % Historical Data

The historical data trend for Screen Holdings 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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Screen Holdings Co ROCE % Chart

Screen Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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13.48

4.31

8.92

20.05

24.40

Screen Holdings 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															24.41	22.26	16.39	29.99	29.54

Screen Holdings Co ROCE % Calculation

Screen Holdings Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	589.043	/	( ( (3873.462 - 1481.058)	+	(4210.668 - 1774.124) )	/ 2 )
	=	589.043	/	( (2392.404	+	2436.544)	/ 2 )
	=	589.043	/	2414.474
	=	24.40 %

Screen Holdings 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 )
	=	705.672	/	( ( (4299.097 - 1971.037)	+	(4802.284 - 2352.212) )	/ 2 )
	=	705.672	/	( ( 2328.06	+	2450.072 )	/ 2 )
	=	705.672	/	2389.066
	=	29.54 %

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

Screen Holdings Co (OTCPK:DINRF) 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.

Screen Holdings Co ROCE % Related Terms

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Screen Holdings Co (Screen Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Screen Holdings Co Ltd (OTCPK:DINRF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

7735:Japan DAO:Germany

Address

Tenjinkita-machi 1-1, Teranouchi-agaru, 4-chome, Horikawa-dori, Kamigyo-ku, Kyoto, JPN, 602-8585

Website

https://www.screen.co.jp

Screen Holdings Co Ltd operates in the Japanese semiconductor industry. The majority of its revenue is derived from the sale of semiconductor manufacturing equipment, which is part of its Semiconductor Equipment segment. Its other segments include Graphics and Precision Solutions, Fine Tech Solutions and Others. The Graphics segment is concerned with the sale of printing and printed circuit board related machinery. The Fine Tech Solutions (FT) segment provides flat panel display (FPD) manufacturing equipment and the Others segment is involved in the development and sale of software products. The company caters to the global market, with emphasis on the Asia and Oceania region.

Screen Holdings Co (Screen Holdings Co) Headlines

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