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Ever Fortune.AI Co (ROCO:6841) ROCE % : 10.19% (As of Dec. 2024)


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What is Ever Fortune.AI 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. Ever Fortune.AI Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.19%.


Ever Fortune.AI Co ROCE % Historical Data

The historical data trend for Ever Fortune.AI 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.

* Premium members only.

Ever Fortune.AI Co ROCE % Chart

Ever Fortune.AI Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial -6.18 -4.37 8.60 -2.46 2.87

Ever Fortune.AI Co Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.38 -3.73 3.80 1.61 10.19

Ever Fortune.AI Co ROCE % Calculation

Ever Fortune.AI 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 )
=56.743/( ( (2086.463 - 78.011) + (2086.713 - 136.73) )/ 2 )
=56.743/( (2008.452+1949.983)/ 2 )
=56.743/1979.2175
=2.87 %

Ever Fortune.AI 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 )
=196.872/( ( (2046.827 - 134.25) + (2086.713 - 136.73) )/ 2 )
=196.872/( ( 1912.577 + 1949.983 )/ 2 )
=196.872/1931.28
=10.19 %

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

* 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.


Ever Fortune.AI Co  (ROCO:6841) 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.


Ever Fortune.AI Co ROCE % Related Terms

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Ever Fortune.AI Co Business Description

Traded in Other Exchanges
N/A
Address
Taiwan Boulevard, Room I, 8th Floor, No. 573, Section 2, West District, Taichung, TWN, 403
Ever Fortune.AI Co Ltd is composed of professional AI Solution Architects, Biomedical Information Engineers, and big Data Scientists. It provides a complete solution for the development of medical AI and uses deep learning technologies to transform big data into functional models. The results both provide a professional second opinion for doctors and assist clinical doctors in making a medical diagnosis, which in turn raises the speed, accuracy, and efficiency of medical decisions.

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