Asmedia Technology (TPE:5269) ROCE % : 17.03% (As of Dec. 2023)

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What is Asmedia Technology 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. Asmedia Technology's annualized ROCE % for the quarter that ended in Dec. 2023 was 17.03%.

Asmedia Technology ROCE % Historical Data

The historical data trend for Asmedia Technology'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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Asmedia Technology ROCE % Chart

Asmedia Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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47.10

39.99

23.45

18.45

14.73

Asmedia Technology 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															8.73	11.63	15.21	18.60	17.03

Asmedia Technology ROCE % Calculation

Asmedia Technology'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 )
	=	2574.864	/	( ( (17794.665 - 2443.378)	+	(21649.165 - 2041.829) )	/ 2 )
	=	2574.864	/	( (15351.287	+	19607.336)	/ 2 )
	=	2574.864	/	17479.3115
	=	14.73 %

Asmedia Technology'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 )
	=	3118.404	/	( ( (18418.642 - 1400.397)	+	(21649.165 - 2041.829) )	/ 2 )
	=	3118.404	/	( ( 17018.245	+	19607.336 )	/ 2 )
	=	3118.404	/	18312.7905
	=	17.03 %

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

Asmedia Technology (TPE:5269) 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.

Asmedia Technology ROCE % Related Terms

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Asmedia Technology (TPE:5269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Asmedia Technology Inc (TPE:5269) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.115, Minquan Road, 6th Floor, Xindian District, New Taipei, TWN, 231

Website

https://www.asmedia.com.tw

Asmedia Technology Inc is a semiconductor memory company. It is engaged in the design, development, production, and manufacture of high-speed analogue circuit products. Some of its products include USB Controller, PCIe Bridge Controller, SATA Controller, High-Speed Signal Switch, and ASIC. Its geographical segments include the United States, Taiwan, China, Southeast Asia, North-east Asia, and Others, out of which the majority is from the United States. The majority of its revenue is derived from High-speed interface controller.

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