Great Tree Pharmacy Co (ROCO:6469) ROCE % : 11.99% (As of Jun. 2024)

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What is Great Tree Pharmacy 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. Great Tree Pharmacy Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 11.99%.

Great Tree Pharmacy Co ROCE % Historical Data

The historical data trend for Great Tree Pharmacy 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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Great Tree Pharmacy Co ROCE % Chart

Great Tree Pharmacy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.78

7.92

12.94

16.26

12.59

Great Tree Pharmacy Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															13.38	12.47	13.31	12.26	11.99

Great Tree Pharmacy Co ROCE % Calculation

Great Tree Pharmacy 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 )
	=	899.321	/	( ( (10118.469 - 3279.158)	+	(10773.195 - 3326.093) )	/ 2 )
	=	899.321	/	( (6839.311	+	7447.102)	/ 2 )
	=	899.321	/	7143.2065
	=	12.59 %

Great Tree Pharmacy 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: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	904.952	/	( ( (11060.79 - 3602.299)	+	(11350.398 - 3708.757) )	/ 2 )
	=	904.952	/	( ( 7458.491	+	7641.641 )	/ 2 )
	=	904.952	/	7550.066
	=	11.99 %

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

Great Tree Pharmacy Co (ROCO:6469) 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.

Great Tree Pharmacy Co ROCE % Related Terms

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Great Tree Pharmacy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Great Tree Pharmacy Co Ltd (ROCO:6469) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 143, Chengzhang 4th Street, Zhongli District, Taoyuan, TWN, 32067

Website

https://www.greattree.com.tw

Great Tree Pharmacy Co Ltd is engaged in the management and trade of various drugs, health products, goods for mothers and babies, and cosmetics products. The firm also provides coordinated medicine procurement services to various clinics, outpatient centers, and medical communities. Besides, the company is also an agency for domestic and foreign health care products sold in clinics, outpatient centers, and medical communities.

Great Tree Pharmacy Co Headlines

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