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Cayman Island Grand Galactica (ROCO:2924) ROCE % : -40.02% (As of Sep. 2024)


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What is Cayman Island Grand Galactica 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. Cayman Island Grand Galactica's annualized ROCE % for the quarter that ended in Sep. 2024 was -40.02%.


Cayman Island Grand Galactica ROCE % Historical Data

The historical data trend for Cayman Island Grand Galactica'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.

Cayman Island Grand Galactica ROCE % Chart

Cayman Island Grand Galactica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.74 -36.35 -8.85 5.63 -18.26

Cayman Island Grand Galactica 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.58 -20.99 -25.78 -12.28 -40.02

Cayman Island Grand Galactica ROCE % Calculation

Cayman Island Grand Galactica'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 )
=-32.177/( ( (245.571 - 54.535) + (246.743 - 85.37) )/ 2 )
=-32.177/( (191.036+161.373)/ 2 )
=-32.177/176.2045
=-18.26 %

Cayman Island Grand Galactica'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 )
=-139.572/( ( (270.569 - 125.283) + (768.671 - 216.374) )/ 2 )
=-139.572/( ( 145.286 + 552.297 )/ 2 )
=-139.572/348.7915
=-40.02 %

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

* 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.


Cayman Island Grand Galactica  (ROCO:2924) 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.


Cayman Island Grand Galactica ROCE % Related Terms

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Cayman Island Grand Galactica Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan North Road, 10th Floor, Number 46, Section 2, Zhongshan District, Taipei, TWN, 104
Cayman Island Grand Galactica Corp Ltd is an investment holding company. It develops and sells variety of baby products also other products such as plush dolls, school bags, backpacks, ceramic cups, bowls, wooden products, daily necessities, and more. The company's yellow duckling Piyo Piyo brand mainly develops products and clothing for infants and young children aged 0 to 4.

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