Aethertek Technology Co (ROCO:3219) ROCE % : -5.08% (As of Dec. 2024)

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What is Aethertek Technology 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. Aethertek Technology Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -5.08%.

Aethertek Technology Co ROCE % Historical Data

The historical data trend for Aethertek Technology 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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Aethertek Technology Co ROCE % Chart

Aethertek Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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9.97

39.56

14.35

2.13

3.82

Aethertek Technology Co 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															-7.52	-14.08	24.70	9.74	-5.08

Aethertek Technology Co ROCE % Calculation

Aethertek Technology Co'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 )
	=	67.426	/	( ( (2048.594 - 349.571)	+	(2225.852 - 397.252) )	/ 2 )
	=	67.426	/	( (1699.023	+	1828.6)	/ 2 )
	=	67.426	/	1763.8115
	=	3.82 %

Aethertek Technology Co'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 )
	=	-91.82	/	( ( (2160.173 - 371.055)	+	(2225.852 - 397.252) )	/ 2 )
	=	-91.82	/	( ( 1789.118	+	1828.6 )	/ 2 )
	=	-91.82	/	1808.859
	=	-5.08 %

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

Aethertek Technology Co (ROCO:3219) 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.

Aethertek Technology Co ROCE % Related Terms

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Aethertek Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aethertek Technology Co Ltd (ROCO:3219) » Definitions » ROCE %

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Address

Ruiguang Road, 9th Floor, No. 607, Neihu District, Taipei, TWN, 114

Website

https://www.aether-tek.com

Aethertek Technology Co Ltd is a Taiwan-based company mainly engaged in the design, manufacture, and sale of automation machinery-related equipment. Some of its products include CoreOne, T800 Functional Tester, Antenna Coupler, Board-To-Board Pogo Block, etc. The company also provides solutions in 5G Communication, Test & Measurement, and Design Services. The company derives the majority of its revenue from the rendering of services.

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