Fu Chun Shin Machinery Manufacture Co (ROCO:6603) ROCE % : 4.28% (As of Dec. 2024)

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What is Fu Chun Shin Machinery Manufacture 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. Fu Chun Shin Machinery Manufacture Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.28%.

Fu Chun Shin Machinery Manufacture Co ROCE % Historical Data

The historical data trend for Fu Chun Shin Machinery Manufacture 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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Fu Chun Shin Machinery Manufacture Co ROCE % Chart

Fu Chun Shin Machinery Manufacture Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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1.63

6.06

6.52

2.31

4.24

Fu Chun Shin Machinery Manufacture 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															3.59	1.81	5.86	4.85	4.28

Fu Chun Shin Machinery Manufacture Co ROCE % Calculation

Fu Chun Shin Machinery Manufacture 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 )
	=	205.938	/	( ( (7284.556 - 2116.605)	+	(7710.104 - 3160.044) )	/ 2 )
	=	205.938	/	( (5167.951	+	4550.06)	/ 2 )
	=	205.938	/	4859.0055
	=	4.24 %

Fu Chun Shin Machinery Manufacture 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 )
	=	197.196	/	( ( (7791.279 - 3117.433)	+	(7710.104 - 3160.044) )	/ 2 )
	=	197.196	/	( ( 4673.846	+	4550.06 )	/ 2 )
	=	197.196	/	4611.953
	=	4.28 %

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

Fu Chun Shin Machinery Manufacture Co (ROCO:6603) 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.

Fu Chun Shin Machinery Manufacture Co ROCE % Related Terms

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Fu Chun Shin Machinery Manufacture Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fu Chun Shin Machinery Manufacture Co Ltd (ROCO:6603) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No.269, Bao Dong Road, Pitou Village, Guanmiao District, Tainan, TWN, 718

Website

https://www.fcs.com.tw

Fu Chun Shin Machinery Manufacture Co Ltd is a Taiwan-based company mainly engaged in the manufacturing, repair, processing, and trading of plastic injection machines and tooling, plastic products, electric wires, and cables.

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