Green Energy Technology (LUX:GE144) ROCE % : 0.00% (As of Jun. 2019)

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What is Green Energy 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. Green Energy Technology's annualized ROCE % for the quarter that ended in Jun. 2019 was 0.00%.

Green Energy Technology ROCE % Historical Data

The historical data trend for Green Energy 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.

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Green Energy Technology ROCE % Chart

Green Energy Technology Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

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-16.27

-13.66

-9.87

-6.92

-169.75

Green Energy Technology Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19
ROCE %	Get a 7-Day Free Trial															-10.25	-75.28	-162.79	-439.67	-

Green Energy Technology ROCE % Calculation

Green Energy Technology's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-224.56	/	( ( (502.663 - 301.344)	+	(294.034 - 230.78) )	/ 2 )
	=	-224.56	/	( (201.319	+	63.254)	/ 2 )
	=	-224.56	/	132.2865
	=	-169.75 %

Green Energy Technology's ROCE % of for the quarter that ended in Jun. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2019 )		(Q: Dec. 2018 )		(Q: Jun. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2019 )		(Q: Dec. 2018 )		(Q: Jun. 2019 )
	=	0	/	( ( (294.034 - 230.78)	+	(133.306 - 367.613) )	/ 2 )
	=	0	/	( ( 63.254	+	-234.307 )	/ 2 )
	=	0	/	-85.5265
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2019) EBIT data.

Green Energy Technology (LUX:GE144) 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.

Green Energy Technology ROCE % Related Terms

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Green Energy Technology (LUX:GE144) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Green Energy Technology Inc (LUX:GE144) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

22, Chungshan North Road, Sector 3, Taipei, TWN

Website

http://www.getinc.com.tw

Green Energy Technology Inc is a solar technology company. The company is primarily engaged in the manufacturing and distribution of multi-crystal silicon solar wafers. Its products are classified into two segments, namely, Silicon Wafer and Thin Film. The key products consist of the polycrystalline solar silicon chip, polycrystalline solar silicon ingots, thin film solar modules. The company's main products, multi-crystalline solar wafers with different power outputs, are sold to solar cell and module manufacturers in major markets globally, such as Taiwan, China, Japan, Korea, India, Europe and the United States.

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