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Iscom Online International Information (ROCO:6868) ROCE % : 11.64% (As of Dec. 2023)


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What is Iscom Online International Information 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. Iscom Online International Information's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.64%.


Iscom Online International Information ROCE % Historical Data

The historical data trend for Iscom Online International Information'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.

Iscom Online International Information ROCE % Chart

Iscom Online International Information Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 16.98 11.32 7.09 9.05 10.78

Iscom Online International Information Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.64 4.18 14.69 10.51 11.64

Iscom Online International Information ROCE % Calculation

Iscom Online International Information'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 )
=49.319/( ( (850.141 - 419.568) + (948.932 - 464.297) )/ 2 )
=49.319/( (430.573+484.635)/ 2 )
=49.319/457.604
=10.78 %

Iscom Online International Information's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=53.322/( ( (878.992 - 447.337) + (948.932 - 464.297) )/ 2 )
=53.322/( ( 431.655 + 484.635 )/ 2 )
=53.322/458.145
=11.64 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) 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.


Iscom Online International Information  (ROCO:6868) 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.


Iscom Online International Information ROCE % Related Terms

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Iscom Online International Information (ROCO:6868) Business Description

Traded in Other Exchanges
N/A
Address
No. 51, Sec. 2, Gongyi Road, 24th Floor, Nantun District, Taichung, TWN, 408383
Iscom Online International Information Inc is an information servicing benchmark company that provides services related to cloud platforms, 5G technology, and artificial intelligence. Its solutions include SAP Business by design, Microsoft office 365, Information Asset Management system, Consumer protection case management system, and Smart street light Information Management system among others.

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