GeneFerm Biotechnology Co (ROCO:1796) ROCE % : -4.18% (As of Sep. 2024)

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What is GeneFerm Biotechnology 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. GeneFerm Biotechnology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -4.18%.

GeneFerm Biotechnology Co ROCE % Historical Data

The historical data trend for GeneFerm Biotechnology 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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GeneFerm Biotechnology Co ROCE % Chart

GeneFerm Biotechnology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-3.45

1.91

8.87

12.42

16.28

GeneFerm Biotechnology 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															17.68	6.49	-2.70	-2.19	-4.18

GeneFerm Biotechnology Co ROCE % Calculation

GeneFerm Biotechnology 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 )
	=	157.606	/	( ( (1189.632 - 239.217)	+	(1175.375 - 189.859) )	/ 2 )
	=	157.606	/	( (950.415	+	985.516)	/ 2 )
	=	157.606	/	967.9655
	=	16.28 %

GeneFerm Biotechnology 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 )
	=	-42.744	/	( ( (1238.667 - 206.146)	+	(1168.342 - 153.733) )	/ 2 )
	=	-42.744	/	( ( 1032.521	+	1014.609 )	/ 2 )
	=	-42.744	/	1023.565
	=	-4.18 %

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

GeneFerm Biotechnology Co (ROCO:1796) 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.

GeneFerm Biotechnology Co ROCE % Related Terms

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GeneFerm Biotechnology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » GeneFerm Biotechnology Co Ltd (ROCO:1796) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 33, Xingong Road, Xinying District, Tainan, TWN, 74144

Website

http://www.geneferm.com

GeneFerm Biotechnology Co Ltd is a fermentation company based in Taiwan. It is engaged in manufacturing health food and supplements which include Fermented Microbial products, Fermented Fungi products, Probiotics and Extraction, and Concentration products among others.

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