Ta Chan Securities Co (ROCO:6020) ROCE % : -1.90% (As of Dec. 2024)

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What is Ta Chan Securities 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. Ta Chan Securities Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -1.90%.

Ta Chan Securities Co ROCE % Historical Data

The historical data trend for Ta Chan Securities 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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Ta Chan Securities Co ROCE % Chart

Ta Chan Securities Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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7.11

21.12

-5.53

8.45

4.88

Ta Chan Securities 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															1.05	8.24	12.79	1.57	-1.90

Ta Chan Securities Co ROCE % Calculation

Ta Chan Securities 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 )
	=	230.569	/	( ( (7710.267 - 3099.126)	+	(7117.785 - 2288.686) )	/ 2 )
	=	230.569	/	( (4611.141	+	4829.099)	/ 2 )
	=	230.569	/	4720.12
	=	4.88 %

Ta Chan Securities 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 )
	=	-90.484	/	( ( (6904.454 - 2183.821)	+	(7117.785 - 2288.686) )	/ 2 )
	=	-90.484	/	( ( 4720.633	+	4829.099 )	/ 2 )
	=	-90.484	/	4774.866
	=	-1.90 %

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

Ta Chan Securities Co (ROCO:6020) 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.

Ta Chan Securities Co ROCE % Related Terms

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Ta Chan Securities Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ta Chan Securities Co Ltd (ROCO:6020) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.17,Cheng Te Road, Sec.1, Datong District, 17th Floor, Taipei, TWN, 10351

Website

https://www.tachan.com.tw

Ta Chan Securities Co Ltd is a securities service provider institution. The company is engaged in brokerage, trade, underwriting of securities, futures, and margin trading. It is also involved in the securities lending business.

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