General Interface Solution (GIS) Holding (TPE:6456) ROC % : 2.09% (As of Dec. 2024)

View and export this data going back to 2015. Start your Free Trial

What is General Interface Solution (GIS) Holding ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. General Interface Solution (GIS) Holding's annualized return on capital (ROC %) for the quarter that ended in Dec. 2024 was 2.09%.

As of today (2025-03-25), General Interface Solution (GIS) Holding's WACC % is 2.58%. General Interface Solution (GIS) Holding's ROC % is -0.62% (calculated using TTM income statement data). General Interface Solution (GIS) Holding earns returns that do not match up to its cost of capital. It will destroy value as it grows.

General Interface Solution (GIS) Holding ROC % Historical Data

The historical data trend for General Interface Solution (GIS) Holding's ROC % 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.

* Premium members only.

General Interface Solution (GIS) Holding ROC % Chart

General Interface Solution (GIS) Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROC %

Get a 7-Day Free Trial

9.97

13.45

8.67

-16.69

-0.62

General Interface Solution (GIS) Holding Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROC %	Get a 7-Day Free Trial															-27.68	0.23	-6.26	-4.79	2.09

General Interface Solution (GIS) Holding ROC % Calculation

General Interface Solution (GIS) Holding's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2024 is calculated as:

	ROC % (A: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2023 )	+	Invested Capital (A: Dec. 2024 ))	/ count )
=	-401.33 * ( 1 - 69.88% )	/	( (20324.94	+	18953.679)	/ 2 )
=	-120.880596	/	19639.3095
=	-0.62 %

where

	Invested Capital		(A: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	61739.334	-	20157.291	-	( 23582.755	-	max(0, 22515.417	-	43772.52	+	23582.755	))
=	20324.94

	Invested Capital		(A: Dec. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	70972.925	-	27690.417	-	( 26123.08	-	max(0, 29853.932	-	54182.761	+	26123.08	))
=	18953.679

General Interface Solution (GIS) Holding's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	608.668 * ( 1 - 35.12% )	/	( (18870.918	+	18953.679)	/ 2 )
=	394.9037984	/	18912.2985
=	2.09 %

where

	Invested Capital		(Q: Sep. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	66581.362	-	23892.671	-	( 24204.245	-	max(0, 25713.922	-	49531.695	+	24204.245	))
=	18870.918

	Invested Capital		(Q: Dec. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	70972.925	-	27690.417	-	( 26123.08	-	max(0, 29853.932	-	54182.761	+	26123.08	))
=	18953.679

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

General Interface Solution (GIS) Holding (TPE:6456) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, General Interface Solution (GIS) Holding's WACC % is 2.58%. General Interface Solution (GIS) Holding's ROC % is -0.62% (calculated using TTM income statement data). General Interface Solution (GIS) Holding earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

General Interface Solution (GIS) Holding ROC % Related Terms

Thank you for viewing the detailed overview of General Interface Solution (GIS) Holding's ROC % provided by GuruFocus.com. Please click on the following links to see related term pages.

General Interface Solution (GIS) Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » General Interface Solution (GIS) Holding Ltd (TPE:6456) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12, Kezhong Road, 8th Floor, Miaoli County, Zhunan, TWN, 35053

Website

https://www.gis-touch.com

General Interface Solution (GIS) Holding Ltd is a touch display solutions provider based in China. The company's product portfolio includes touch sensors and LCD modules. It mainly provides film and glass capacitive sensors and full lamination service. Its products and technology solutions have various applications such as wearable devices, mobile phones, tablet PC, notebooks, automotive appliances, and others. The firm also provides 3D lamination services. The company generates revenue from manufacturing of touch and monitor modules. It operates in the United States, Japan, Singapore, China, Taiwan, and other countries, out of which the majority of the revenue is generated from the United States.

General Interface Solution (GIS) Holding Headlines

No Headlines