Chenbro Micom Co (Chenbro Micom Co) ROCE % : 23.75% (As of Mar. 2024)

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What is Chenbro Micom 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. Chenbro Micom Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 23.75%.

Chenbro Micom Co ROCE % Historical Data

The historical data trend for Chenbro Micom 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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Chenbro Micom Co ROCE % Chart

Chenbro Micom Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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33.13

32.00

17.58

19.21

18.78

Chenbro Micom 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															2.75	21.25	17.77	35.69	23.75

Chenbro Micom Co ROCE % Calculation

Chenbro Micom 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 )
	=	48.295	/	( ( (402.688 - 153.985)	+	(447.565 - 181.842) )	/ 2 )
	=	48.295	/	( (248.703	+	265.723)	/ 2 )
	=	48.295	/	257.213
	=	18.78 %

Chenbro Micom 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 )
	=	64.684	/	( ( (447.565 - 181.842)	+	(433.443 - 154.475) )	/ 2 )
	=	64.684	/	( ( 265.723	+	278.968 )	/ 2 )
	=	64.684	/	272.3455
	=	23.75 %

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

Chenbro Micom Co (GREY:CEOMF) 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.

Chenbro Micom Co ROCE % Related Terms

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Chenbro Micom Co (Chenbro Micom Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chenbro Micom Co Ltd (GREY:CEOMF) » Definitions » ROCE %

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8210:Taiwan

Address

No.558, Zhongyuan Road, Xinzhuang District, 18 Floor, No.558, New Taipei City, Taipei, TWN, 242030

Website

https://www.chenbro.com

Chenbro Micom Co Ltd operates in the information and communication technology industry. The company and its subsidiaries are engaged in the computer software design, export, and import of computer products, peripherals, and systems of expendables. The company products include Barebone Server, Rackmount Chassis, Tower Server Chassis, PC Chassis, Storage Expansion Kit, and others. Its primary geographic markets are the United States, China, Taiwan, Singapore, and Others Countries out of which the United States and China generate maximum revenue for the company.

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