E Ink Holdings (LUX:EINKH) ROCE % : 12.50% (As of Mar. 2024)

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What is E Ink 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 Ink Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 12.50%.

E Ink Holdings ROCE % Historical Data

The historical data trend for E Ink 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 Ink Holdings ROCE % Chart

E Ink Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.23

13.48

18.23

25.79

18.34

E Ink Holdings 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															18.85	24.70	23.26	12.26	12.50

E Ink Holdings ROCE % Calculation

E Ink Holdings'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 )
	=	323.275	/	( ( (2124.664 - 437.425)	+	(2382.485 - 545.057) )	/ 2 )
	=	323.275	/	( (1687.239	+	1837.428)	/ 2 )
	=	323.275	/	1762.3335
	=	18.34 %

E Ink Holdings'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 )
	=	226.296	/	( ( (2382.485 - 545.057)	+	(2553.311 - 770.209) )	/ 2 )
	=	226.296	/	( ( 1837.428	+	1783.102 )	/ 2 )
	=	226.296	/	1810.265
	=	12.50 %

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

E Ink Holdings (LUX:EINKH) 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 Ink Holdings ROCE % Related Terms

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E Ink Holdings (LUX:EINKH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » E Ink Holdings Inc (LUX:EINKH) » Definitions » ROCE %

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8069:Taiwan

Address

No. 3, Lixing 1st Road, Hsinchu Science-Based Industrial Park, Hsinchu, TWN, 300

Website

https://www.eink.com

E Ink Holdings Inc manufactures electronic paper products and thin-film transistors based on liquid crystal displays. The electronic paper is based on electrophoretic technology and is a critical display component in electronic readers, electronic shelf labels, mobile phones, and watches. The thin-film transistors have niche market applications in vehicles and entertainment systems, ship and air navigation, security monitoring, medical instruments, and cameras. The firm has operations in the ROC, Asia, and America.

E Ink Holdings (LUX:EINKH) Headlines

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