Solar Applied Materials Technology (ROCO:1785) ROCE % : 18.00% (As of Dec. 2024)

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What is Solar Applied Materials 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. Solar Applied Materials Technology's annualized ROCE % for the quarter that ended in Dec. 2024 was 18.00%.

Solar Applied Materials Technology ROCE % Historical Data

The historical data trend for Solar Applied Materials 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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Solar Applied Materials Technology ROCE % Chart

Solar Applied Materials Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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10.08

9.08

9.09

8.07

13.48

Solar Applied Materials Technology 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															2.84	11.88	11.20	13.13	18.00

Solar Applied Materials Technology ROCE % Calculation

Solar Applied Materials Technology'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 )
	=	2667.998	/	( ( (26459.683 - 6634.031)	+	(31292.876 - 11532.518) )	/ 2 )
	=	2667.998	/	( (19825.652	+	19760.358)	/ 2 )
	=	2667.998	/	19793.005
	=	13.48 %

Solar Applied Materials Technology'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 )
	=	3527.328	/	( ( (30533.696 - 11091.43)	+	(31292.876 - 11532.518) )	/ 2 )
	=	3527.328	/	( ( 19442.266	+	19760.358 )	/ 2 )
	=	3527.328	/	19601.312
	=	18.00 %

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

Solar Applied Materials Technology (ROCO:1785) 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.

Solar Applied Materials Technology ROCE % Related Terms

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Solar Applied Materials Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solar Applied Materials Technology Corp (ROCO:1785) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No. 1, Gongye 3rd Road, Annan District, Tainan, TWN, 70955

Website

https://www.solartech.com.tw

Solar Applied Materials Technology Corp is company involved in research and development and manufacturing of thin film sputtering targets. It is engaged in manufacturing, processing, recycling, refining and trading of sputtering targets for thin film, precious metal materials and specialty chemicals for automobiles. The company earns revenue from the sale of goods comes from sales of precious metal materials and non-precious metal materials. It uses precious and rare metal recycling and refining as a platform to focus on high-value functionality. Materials research and development are mainly used in storage media, optoelectronic displays, electronic semiconductors and other industries.

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