E I L Holdings (E I L Holdings) ROCE % : 8.94% (As of Jun. 2023)

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What is E I L Holdings 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. E I L Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was 8.94%.

E I L Holdings ROCE % Historical Data

The historical data trend for E I L Holdings'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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E I L Holdings ROCE % Chart

E I L Holdings Annual Data

Trend

Dec21

Dec22

ROCE %

48.18

26.57

E I L Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
ROCE %	-	59.66	2.37	8.94

E I L Holdings ROCE % Calculation

E I L Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	3.511	/	( ( (41.069 - 29.997)	+	(48.693 - 33.339) )	/ 2 )
	=	3.511	/	( (11.072	+	15.354)	/ 2 )
	=	3.511	/	13.213
	=	26.57 %

E I L Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	1.25	/	( ( (48.693 - 33.339)	+	(48.264 - 35.665) )	/ 2 )
	=	1.25	/	( ( 15.354	+	12.599 )	/ 2 )
	=	1.25	/	13.9765
	=	8.94 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

E I L Holdings (NAS:EIL) 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.

E I L Holdings ROCE % Related Terms

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E I L Holdings (E I L Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » E I L Holdings Ltd (NAS:EIL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit A, 17/F, Mai Wah Industrial Building, 1-7 Wah Sing Street, Kwai Chung, Hong Kong, HKG

Website

E I L Holdings Ltd is a company principally engaged in the supply of electronic components and sensors to our customers and have positioned themselves as a value-added electronic component, sensor and engineering solutions provider able to provide sensors and components, engineering solutions and reference design, consultation of application feasibility study and professional logistics services in bridging customers and electronic component producers in the electronics industry.

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