Senao International Co (TPE:2450) ROCE % : 9.96% (As of Mar. 2024)

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What is Senao 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. Senao International Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.96%.

Senao International Co ROCE % Historical Data

The historical data trend for Senao 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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Senao International Co ROCE % Chart

Senao International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.95

8.25

11.21

12.03

12.08

Senao International Co 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															13.78	12.10	14.71	8.94	9.96

Senao International Co ROCE % Calculation

Senao 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 )
	=	824.952	/	( ( (10460.303 - 3680.47)	+	(9833.293 - 2949.548) )	/ 2 )
	=	824.952	/	( (6779.833	+	6883.745)	/ 2 )
	=	824.952	/	6831.789
	=	12.08 %

Senao International 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 )
	=	669.428	/	( ( (9833.293 - 2949.548)	+	(10497.755 - 3938.838) )	/ 2 )
	=	669.428	/	( ( 6883.745	+	6558.917 )	/ 2 )
	=	669.428	/	6721.331
	=	9.96 %

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

Senao International Co (TPE:2450) 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.

Senao International Co ROCE % Related Terms

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Senao International Co (TPE:2450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Senao International Co Ltd (TPE:2450) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.531, Chung Cheng Road, 2nd Floor, Hsin-Tien, New Taipei City, TWN

Website

https://www.senao.com.tw

Senao International Co Ltd is a company mainly engaged in agent distribution and sale of mobile phones, tablets, related accessories, and other digital communication products. The company also provides related maintenance services. The communication products account for most of the company's revenue. It operates in the business segment of selling information and communication products and peripheral products in Taiwan. It provides products under several brands, like Samsung, Sony Mobile, LG, Huawei, OPPO, HTC, ASUS, and others. The company generates the majority of its total revenue from the Taiwanese market.

Senao International Co (TPE:2450) Headlines

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