Fulltech Fiber Glass (ROCO:1815) ROCE % : 6.64% (As of Dec. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Fulltech Fiber Glass 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. Fulltech Fiber Glass's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.64%.

Fulltech Fiber Glass ROCE % Historical Data

The historical data trend for Fulltech Fiber Glass'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.

Fulltech Fiber Glass ROCE % Chart

Fulltech Fiber Glass Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-3.58

6.89

1.69

-5.56

2.08

Fulltech Fiber Glass 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															-14.54	-1.48	1.57	1.38	6.64

Fulltech Fiber Glass ROCE % Calculation

Fulltech Fiber Glass'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 )
	=	255.585	/	( ( (13471.786 - 2099.578)	+	(15144.1 - 1932.874) )	/ 2 )
	=	255.585	/	( (11372.208	+	13211.226)	/ 2 )
	=	255.585	/	12291.717
	=	2.08 %

Fulltech Fiber Glass'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 )
	=	846.868	/	( ( (14355.508 - 2042.795)	+	(15144.1 - 1932.874) )	/ 2 )
	=	846.868	/	( ( 12312.713	+	13211.226 )	/ 2 )
	=	846.868	/	12761.9695
	=	6.64 %

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

Fulltech Fiber Glass (ROCO:1815) 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.

Fulltech Fiber Glass ROCE % Related Terms

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

Fulltech Fiber Glass Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fulltech Fiber Glass Corp (ROCO:1815) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dougong 16th Road, No. 8, Yunlin County, Douliu, TWN

Website

http://www.ffg.com.tw

Fulltech Fiber Glass Corp is engaged in producing and selling fiberglass yarn and fiberglass fabric, which are the main upstream materials for Printed Circuit Boards. The reportable segments of the company are the Fiberglass Yarn and the Fiberglass Fabric segment. Geographically, the company generates a majority of its revenue from Taiwan and the rest from China.

Fulltech Fiber Glass Headlines

No Headlines