Goldkey Technology (ROCO:3135) ROCE % : 0.00% (As of Jun. 2024)

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What is Goldkey 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. Goldkey Technology's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Goldkey Technology ROCE % Historical Data

The historical data trend for Goldkey 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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Goldkey Technology ROCE % Chart

Goldkey Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

34.39

7.40

32.45

2.58

9.30

Goldkey Technology Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial					-	-	-	-	-

Goldkey Technology ROCE % Calculation

Goldkey Technology'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 )
	=	102.792	/	( ( (1351.502 - 270.6)	+	(2100.243 - 970.972) )	/ 2 )
	=	102.792	/	( (1080.902	+	1129.271)	/ 2 )
	=	102.792	/	1105.0865
	=	9.30 %

Goldkey Technology's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	0	/	( ( (2100.243 - 970.972)	+	(2097.864 - 890.898) )	/ 2 )
	=	0	/	( ( 1129.271	+	1206.966 )	/ 2 )
	=	0	/	1168.1185
	=	0.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Goldkey Technology (ROCO:3135) 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.

Goldkey Technology ROCE % Related Terms

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Goldkey Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Goldkey Technology Corp (ROCO:3135) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 716, Zhongzheng Road, 6th Floor - 2nf Floor, Zhonghe District, New Taipei City, TWN, 235

Website

https://www.goldkey.com.tw

Goldkey Technology Corp is an integrated circuit design house. It researches, develops, designs, manufactures, and sells IC cards, card readers, machine chipsets, and related integrated circuits. It also manufactures and sells memory applications.

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