Green World Fintech Service Co (ROCO:6763) ROCE % : 15.88% (As of Sep. 2024)

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What is Green World Fintech Service 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. Green World Fintech Service Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 15.88%.

Green World Fintech Service Co ROCE % Historical Data

The historical data trend for Green World Fintech Service 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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Green World Fintech Service Co ROCE % Chart

Green World Fintech Service Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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59.09

56.36

84.77

28.99

18.01

Green World Fintech Service Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															17.23	18.31	15.19	13.93	15.88

Green World Fintech Service Co ROCE % Calculation

Green World Fintech Service 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 )
	=	491.199	/	( ( (6143.927 - 3575.911)	+	(6709.19 - 3822.59) )	/ 2 )
	=	491.199	/	( (2568.016	+	2886.6)	/ 2 )
	=	491.199	/	2727.308
	=	18.01 %

Green World Fintech Service Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	464.796	/	( ( (6642.743 - 3762.173)	+	(6587.512 - 3613.993) )	/ 2 )
	=	464.796	/	( ( 2880.57	+	2973.519 )	/ 2 )
	=	464.796	/	2927.0445
	=	15.88 %

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

Green World Fintech Service Co (ROCO:6763) 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.

Green World Fintech Service Co ROCE % Related Terms

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Green World Fintech Service Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Green World Fintech Service Co Ltd (ROCO:6763) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

No. 19-2, Sanchong Road, 2nd Floor, 6th Floor, Nangang District, Taipei, TWN

Website

https://www.ecpay.com.tw

Green World Fintech Service Co Ltd is a financial technology company in Taiwan. The company develops payment tools for buyers and sellers, from offline payments to credit card transactions. It provides third-party payment services. The main business is a third-party payment service business, and its products are mainly comprehensive financial logistics collection and payment services. services, including credit cards, ATM teller machines, online ATMs, and supermarket strip codes, the four major cash flow management Channels; also provides logistics, electronic invoices, information security and health inspection services, and project system construction services.

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