Leoch International Technology (Leoch International Technology) ROCE % : 18.98% (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Leoch International 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. Leoch International Technology's annualized ROCE % for the quarter that ended in Dec. 2023 was 18.98%.

Leoch International Technology ROCE % Historical Data

The historical data trend for Leoch International 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.

* Premium members only.

Leoch International Technology ROCE % Chart

Leoch International Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

9.49

8.78

8.38

16.98

16.88

Leoch International Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															10.48	10.66	24.79	15.91	18.98

Leoch International Technology ROCE % Calculation

Leoch International 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 )
	=	121.482	/	( ( (1505.285 - 890.543)	+	(1974.069 - 1149.834) )	/ 2 )
	=	121.482	/	( (614.742	+	824.235)	/ 2 )
	=	121.482	/	719.4885
	=	16.88 %

Leoch International 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	141.086	/	( ( (1572.418 - 910.084)	+	(1974.069 - 1149.834) )	/ 2 )
	=	141.086	/	( ( 662.334	+	824.235 )	/ 2 )
	=	141.086	/	743.2845
	=	18.98 %

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

Leoch International Technology (OTCPK:LCHIF) 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.

Leoch International Technology ROCE % Related Terms

Thank you for viewing the detailed overview of Leoch International Technology's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Leoch International Technology (Leoch International Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Leoch International Technology Ltd (OTCPK:LCHIF) » Definitions » ROCE %

Traded in Other Exchanges

00842:Hong Kong 0LT:Germany

Address

No. 83, Zhanjing Road, Zhonggang Plaza, Exhibition Bay, 14th Floor, Block A, Tower 6, Fuyong Airport New City South, Baoan District, Shenzhen, CHN

Website

https://www.leoch.com

Leoch International Technology Ltd is a vertically integrated enterprise. It is engaged in the development, sale, and manufacture of lead-acid batteries, recycled lead products, and others. Its product portfolio under lead-acid batteries consists of reserve power batteries, SLI batteries, motive power batteries, and others. The lead-acid-based reserve power batteries generate a vast majority of revenue for the company. Geographically, the company offers its services to China, Europe, the Middle East and Africa, the Americas, and Asia-Pacific, out of which China is the key revenue driver.

Leoch International Technology (Leoch International Technology) Headlines

No Headlines