Bin Chuan Enterprise Co (ROCO:1569) ROCE % : -9.81% (As of Dec. 2024)

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What is Bin Chuan Enterprise Co 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. Bin Chuan Enterprise Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -9.81%.

Bin Chuan Enterprise Co ROCE % Historical Data

The historical data trend for Bin Chuan Enterprise Co'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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Bin Chuan Enterprise Co ROCE % Chart

Bin Chuan Enterprise Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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13.99

10.82

13.54

-2.12

-6.02

Bin Chuan Enterprise Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-10.97	3.23	-5.99	-11.59	-9.81

Bin Chuan Enterprise Co ROCE % Calculation

Bin Chuan Enterprise Co'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 )
	=	-234.971	/	( ( (6466.636 - 2367.045)	+	(6400.654 - 2689.493) )	/ 2 )
	=	-234.971	/	( (4099.591	+	3711.161)	/ 2 )
	=	-234.971	/	3905.376
	=	-6.02 %

Bin Chuan Enterprise Co'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: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-371.16	/	( ( (6282.745 - 2427.759)	+	(6400.654 - 2689.493) )	/ 2 )
	=	-371.16	/	( ( 3854.986	+	3711.161 )	/ 2 )
	=	-371.16	/	3783.0735
	=	-9.81 %

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

Bin Chuan Enterprise Co (ROCO:1569) 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.

Bin Chuan Enterprise Co ROCE % Related Terms

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Bin Chuan Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bin Chuan Enterprise Co Ltd (ROCO:1569) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Xingye Road, Dafa Industrial Zone, Datun District, Kaohsiung, TWN, 83162

Website

http://www.hamagawa.com

Bin Chuan Enterprise Co Ltd is engaged in manufacturing, processing, and sales of semi-automatic punching net machinery, audio decoration nets, and molds, and purchasing and sales of stamped parts for computer peripherals. Its segment is the Metal Business Department which produces and sells computers, audio, and other hardware products and components; and the Plastics Business Department which processes and produces plastic injection molding, and the sales of precision plastic components for electronics and electrical products. Its geographic areas are Mainland China and Taiwan.

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