ASEC International (ROCO:6113) ROCE % : 3.04% (As of Dec. 2024)

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What is ASEC International 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. ASEC International's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.04%.

ASEC International ROCE % Historical Data

The historical data trend for ASEC International'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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ASEC International ROCE % Chart

ASEC International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-1.35

9.67

15.21

3.09

0.47

ASEC International 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															4.07	-0.19	0.90	-1.80	3.04

ASEC International ROCE % Calculation

ASEC International'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 )
	=	3.463	/	( ( (1223.937 - 453.103)	+	(1084.315 - 380.185) )	/ 2 )
	=	3.463	/	( (770.834	+	704.13)	/ 2 )
	=	3.463	/	737.482
	=	0.47 %

ASEC International'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 )
	=	21.5	/	( ( (1073.319 - 363.534)	+	(1084.315 - 380.185) )	/ 2 )
	=	21.5	/	( ( 709.785	+	704.13 )	/ 2 )
	=	21.5	/	706.9575
	=	3.04 %

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

ASEC International (ROCO:6113) 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.

ASEC International ROCE % Related Terms

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ASEC International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ASEC International Corp (ROCO:6113) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7F. No. 58, Jhouzih Street, Neihu District, Taiepi, TWN, 114

Website

http://www.asec.com.tw

ASEC International Corp markets computer memory chips, network communication chips, consumer electronics chips/module, system on chip, software, and body parts. Its products are used in computer, multimedia, communication, and consumer markets.

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