North-Star International Co (ROCO:8927) ROCE % : 2.70% (As of Dec. 2023)

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What is North-Star International 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. North-Star International Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.70%.

North-Star International Co ROCE % Historical Data

The historical data trend for North-Star International 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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North-Star International Co ROCE % Chart

North-Star International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.80

4.11

4.08

2.21

2.47

North-Star International 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															0.88	1.57	2.24	3.67	2.70

North-Star International Co ROCE % Calculation

North-Star International 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 )
	=	357.5	/	( ( (16714.553 - 3674.691)	+	(29075.951 - 13201.243) )	/ 2 )
	=	357.5	/	( (13039.862	+	15874.708)	/ 2 )
	=	357.5	/	14457.285
	=	2.47 %

North-Star International 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 )
	=	400.948	/	( ( (24122.726 - 10248.056)	+	(29075.951 - 13201.243) )	/ 2 )
	=	400.948	/	( ( 13874.67	+	15874.708 )	/ 2 )
	=	400.948	/	14874.689
	=	2.70 %

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

North-Star International Co (ROCO:8927) 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.

North-Star International Co ROCE % Related Terms

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North-Star International Co (ROCO:8927) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » North-Star International Co Ltd (ROCO:8927) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 137, Xinhai Road, Banqiao District, New Taipei City, TWN, 220

Website

https://www.nspco.com.tw

North-Star International Co Ltd has mainly engaged in the operation of petrol filling stations and the retail business of gasoline products in Taiwan. It provides petroleum and diesel and is also involved in the provision of cleaning services for cars, the sale of spare parts, and simple vehicle repair services. It also diversified its operation of the Group, the Group has been expanding into hotels, real estate development, and sale as well as renewable energy development services. It has three reportable segments: gasoline sales, restaurant, travel service, and optoelectronics business. It generates the majority of its revenue from gasoline sales.

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