Aeon Motor Co (ROCO:1599) ROCE % : 18.14% (As of Sep. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Aeon Motor 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. Aeon Motor Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 18.14%.

Aeon Motor Co ROCE % Historical Data

The historical data trend for Aeon Motor 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.

Aeon Motor Co ROCE % Chart

Aeon Motor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

11.21

17.27

22.15

16.21

0.19

Aeon Motor Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															17.28	-10.62	-5.25	2.14	18.14

Aeon Motor Co ROCE % Calculation

Aeon Motor Co'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 )
	=	4.429	/	( ( (3105.864 - 754.033)	+	(2821.386 - 553.255) )	/ 2 )
	=	4.429	/	( (2351.831	+	2268.131)	/ 2 )
	=	4.429	/	2309.981
	=	0.19 %

Aeon Motor Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	425.436	/	( ( (2963.598 - 668.473)	+	(3100.546 - 705.59) )	/ 2 )
	=	425.436	/	( ( 2295.125	+	2394.956 )	/ 2 )
	=	425.436	/	2345.0405
	=	18.14 %

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

Aeon Motor Co (ROCO:1599) 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.

Aeon Motor Co ROCE % Related Terms

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

Aeon Motor Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aeon Motor Co Ltd (ROCO:1599) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 41, Nanchou, Shanshang District, Tainan, TWN, 74342

Website

https://www.aeonmotor.com.tw

Aeon Motor Co Ltd is a Taiwan based motorcycle manufacturer. It is engaged in engaged in motorcycle and parts manufacturing, export manufacturing, motorcycle equipment manufacturing, motorcycle wholesale, and vehicles and parts wholesale of other transportation. The company's portfolio covers various models of motor vehicles like Cobra400, MY150, and Dory125 among others. Its business segments include the Department of ATV and Scooter which derives maximum revenue, and the Department of Automobiles. Geographically, the company generates a majority of its revenue from Taiwan and the rest from the United States of America, Asia, and Europe.

Aeon Motor Co Headlines

No Headlines