Chi Hua Fitness Co (ROCO:1593) ROCE % : 12.16% (As of Dec. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Chi Hua Fitness 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. Chi Hua Fitness Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 12.16%.

Chi Hua Fitness Co ROCE % Historical Data

The historical data trend for Chi Hua Fitness 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.

* Premium members only.

Chi Hua Fitness Co ROCE % Chart

Chi Hua Fitness Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

16.83

16.53

14.61

6.90

8.55

Chi Hua Fitness 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															5.69	4.13	7.97	10.43	12.16

Chi Hua Fitness Co ROCE % Calculation

Chi Hua Fitness 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 )
	=	141.522	/	( ( (2019.562 - 380.437)	+	(2057.042 - 385.103) )	/ 2 )
	=	141.522	/	( (1639.125	+	1671.939)	/ 2 )
	=	141.522	/	1655.532
	=	8.55 %

Chi Hua Fitness 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 )
	=	201.04	/	( ( (2004.359 - 369.026)	+	(2057.042 - 385.103) )	/ 2 )
	=	201.04	/	( ( 1635.333	+	1671.939 )	/ 2 )
	=	201.04	/	1653.636
	=	12.16 %

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

Chi Hua Fitness Co (ROCO:1593) 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.

Chi Hua Fitness Co ROCE % Related Terms

Thank you for viewing the detailed overview of Chi Hua Fitness Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Chi Hua Fitness Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Chi Hua Fitness Co Ltd (ROCO:1593) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.231, Dexing Road, Hukou Township, Hsinchu, TWN

Website

https://www.chihua.com.tw

Chi Hua Fitness Co Ltd is a Taiwan-based company engaged in the manufacture and sales of sports equipment and related products. Its product line includes consoles, bikes, lower control boards, gear motors, brakes, cables, bicycle trainers, low-cost generators, and wind generators, among others.

Chi Hua Fitness Co Headlines

No Headlines