Sunder Biomedical Tech Co (ROCO:4115) ROCE % : 5.64% (As of Jun. 2024)

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What is Sunder Biomedical Tech 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. Sunder Biomedical Tech Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 5.64%.

Sunder Biomedical Tech Co ROCE % Historical Data

The historical data trend for Sunder Biomedical Tech 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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Sunder Biomedical Tech Co ROCE % Chart

Sunder Biomedical Tech Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.22

7.32

9.33

2.18

-2.76

Sunder Biomedical Tech Co Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial								6.47	-2.15	-6.59	1.19	5.64

Sunder Biomedical Tech Co ROCE % Calculation

Sunder Biomedical Tech 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 )
	=	-28.009	/	( ( (1425.477 - 373.709)	+	(1405.285 - 430.674) )	/ 2 )
	=	-28.009	/	( (1051.768	+	974.611)	/ 2 )
	=	-28.009	/	1013.1895
	=	-2.76 %

Sunder Biomedical Tech Co'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 )
	=	54.814	/	( ( (1405.285 - 430.674)	+	(1279.708 - 310.041) )	/ 2 )
	=	54.814	/	( ( 974.611	+	969.667 )	/ 2 )
	=	54.814	/	972.139
	=	5.64 %

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

Sunder Biomedical Tech Co (ROCO:4115) 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.

Sunder Biomedical Tech Co ROCE % Related Terms

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Sunder Biomedical Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sunder Biomedical Tech Co Ltd (ROCO:4115) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1-67, Zhongzheng Road, Chung-Ming Village, Pao-Chung Hsiang, Yunlin, TWN, 63441

Website

https://www.sunder.com.tw

Sunder Biomedical Tech Co Ltd is engaged in providing medical devices. Its products include Protective Goggles; Meltblown Nonwoven Fabric/Mask; Suction Irrigation Set; Smoke Filter; Endo Bag; Blood Line Set for Hemodialysis and others.

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