Tai-Saw Technology Co (ROCO:3221) ROCE % : 0.97% (As of Sep. 2024)

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What is Tai-Saw 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. Tai-Saw Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.97%.

Tai-Saw Technology Co ROCE % Historical Data

The historical data trend for Tai-Saw 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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Tai-Saw Technology Co ROCE % Chart

Tai-Saw Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.61

-3.87

27.91

17.54

0.26

Tai-Saw Technology 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															5.21	-5.65	9.79	3.65	0.97

Tai-Saw Technology Co ROCE % Calculation

Tai-Saw Technology 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 )
	=	6.356	/	( ( (3643.194 - 1009.581)	+	(3084.055 - 739.734) )	/ 2 )
	=	6.356	/	( (2633.613	+	2344.321)	/ 2 )
	=	6.356	/	2488.967
	=	0.26 %

Tai-Saw Technology 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 )
	=	22.512	/	( ( (3048.273 - 718.776)	+	(2921.595 - 596.134) )	/ 2 )
	=	22.512	/	( ( 2329.497	+	2325.461 )	/ 2 )
	=	22.512	/	2327.479
	=	0.97 %

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

Tai-Saw Technology Co (ROCO:3221) 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.

Tai-Saw Technology Co ROCE % Related Terms

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Tai-Saw Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tai-Saw Technology Co Ltd (ROCO:3221) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

No. 3, Gongye 2nd Road, Yongfeng Village, Pingzhen District, Taoyuan, TWN, 324403

Website

https://www.taisaw.com

Tai-Saw Technology Co Ltd is engaged in research and development, design, manufacture, and sales of radio communications components and their system equipment, computer hardware, and peripheral components as well as the manufacture and packaging of integrated circuits. Its products include RF SAW Filters, IF SAW Filters, SAW Resonators, SAW Duplexers, SAW Oscillators, Crystal Resonators, Crystal Filter, and others. Its products are mainly used in mobile phones, data communications, wireless remote controls, and others. Geographically, the company generates a majority of its revenue from Asia and the rest from the Americas, Europe, and other regions.

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