ProbeLeader Co (ROCO:5246) ROCE % : -14.43% (As of Jun. 2024)

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What is ProbeLeader 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. ProbeLeader Co's annualized ROCE % for the quarter that ended in Jun. 2024 was -14.43%.

ProbeLeader Co ROCE % Historical Data

The historical data trend for ProbeLeader 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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ProbeLeader Co ROCE % Chart

ProbeLeader Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.57

9.99

15.98

23.47

11.37

ProbeLeader Co Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial								21.02	26.15	27.99	-4.18	-14.43

ProbeLeader Co ROCE % Calculation

ProbeLeader 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 )
	=	54.742	/	( ( (1022.254 - 603.897)	+	(1154.364 - 610.067) )	/ 2 )
	=	54.742	/	( (418.357	+	544.297)	/ 2 )
	=	54.742	/	481.327
	=	11.37 %

ProbeLeader 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 )
	=	-76.454	/	( ( (1154.364 - 610.067)	+	(1132.766 - 617.649) )	/ 2 )
	=	-76.454	/	( ( 544.297	+	515.117 )	/ 2 )
	=	-76.454	/	529.707
	=	-14.43 %

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

ProbeLeader Co (ROCO:5246) 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.

ProbeLeader Co ROCE % Related Terms

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ProbeLeader Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ProbeLeader Co Ltd (ROCO:5246) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.16, Jinshui Street, Xiangshan District, Hsinchu, TWN, 30090

Website

https://www.probeleader.com.tw

ProbeLeader Co Ltd is engaged in designing and manufacturing of testing solutions for semiconductor and LCD panel industries. Its products include probe cards, Load-Boards, IC sockets for logic & DRAM ICs. Other than providing testing solutions for semiconductor and LCD panel industries, the company has also extended its business to testing solutions for optoelectronics and passive components. It does not only design, manufactures customized testing tools but also deal with sales, relocation, refurbishment and after-services of used-equipments.

ProbeLeader Co Headlines

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