TienPin United Enterprise Co (ROCO:6199) ROCE % : -2.10% (As of Dec. 2024)

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What is TienPin United Enterprise 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. TienPin United Enterprise Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -2.10%.

TienPin United Enterprise Co ROCE % Historical Data

The historical data trend for TienPin United Enterprise 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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TienPin United Enterprise Co ROCE % Chart

TienPin United Enterprise Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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3.86

4.91

-0.23

3.53

4.90

TienPin United Enterprise 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															10.86	-2.78	5.33	19.18	-2.10

TienPin United Enterprise Co ROCE % Calculation

TienPin United Enterprise 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 )
	=	39.402	/	( ( (899.182 - 114.247)	+	(958.466 - 135.536) )	/ 2 )
	=	39.402	/	( (784.935	+	822.93)	/ 2 )
	=	39.402	/	803.9325
	=	4.90 %

TienPin United Enterprise 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 )
	=	-17.324	/	( ( (955.86 - 126.6)	+	(958.466 - 135.536) )	/ 2 )
	=	-17.324	/	( ( 829.26	+	822.93 )	/ 2 )
	=	-17.324	/	826.095
	=	-2.10 %

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

TienPin United Enterprise Co (ROCO:6199) 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.

TienPin United Enterprise Co ROCE % Related Terms

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TienPin United Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TienPin United Enterprise Co Ltd (ROCO:6199) » Definitions » ROCE %

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Address

No. 141, Zhongshan Road, 8th Floor, Zhongli District, Taoyuan, TWN, 320

Website

http://www.datafab.com

TienPin United Enterprise Co Ltd is a flash storage manufacturer, specializing in portable storage products. It designs and manufactures products using USB 2.0, PCMCIA, ExpressCard, FireWire, SDIO and CompactFlash interfaces. Its products include a lash card reader/writer, flash card adapter, Digital Photo Frame, Digital Signage, LCD TV Player Module, fingerprint device, and flash drive.

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