Sun Rise E&T (ROCO:1343) ROCE % : 14.92% (As of Dec. 2024)

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What is Sun Rise E&T 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. Sun Rise E&T's annualized ROCE % for the quarter that ended in Dec. 2024 was 14.92%.

Sun Rise E&T ROCE % Historical Data

The historical data trend for Sun Rise E&T'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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Sun Rise E&T ROCE % Chart

Sun Rise E&T Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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1.97

1.12

7.32

-12.12

28.63

Sun Rise E&T Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial								13.68	2.88	-27.61	53.33	14.92

Sun Rise E&T ROCE % Calculation

Sun Rise E&T's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	204.58	/	( ( (683.659 - 186.557)	+	(1268.475 - 336.665) )	/ 2 )
	=	204.58	/	( (497.102	+	931.81)	/ 2 )
	=	204.58	/	714.456
	=	28.63 %

Sun Rise E&T's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	114.79	/	( ( (1068.699 - 461.821)	+	(1268.475 - 336.665) )	/ 2 )
	=	114.79	/	( ( 606.878	+	931.81 )	/ 2 )
	=	114.79	/	769.344
	=	14.92 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Sun Rise E&T (ROCO:1343) 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.

Sun Rise E&T ROCE % Related Terms

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Sun Rise E&T Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sun Rise E&T Corp (ROCO:1343) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.2, Huandong Street, Ping-Tung Economic Processing Zone, Pingtung County, Pingtung, TWN, 900

Website

https://www.srise.com.tw

Sun Rise E&T Corp is engaged in providing the HDPE pipes for chemical, pharmaceutical, and other materials transport piping systems both domestically and abroad. Its products include HDPE fish cages comprising, solar floating systems, and others.

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