Waste Recovery Technology (ROCO:6894) ROCE % : 16.13% (As of Dec. 2024)

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What is Waste Recovery Technology 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. Waste Recovery Technology's annualized ROCE % for the quarter that ended in Dec. 2024 was 16.13%.

Waste Recovery Technology ROCE % Historical Data

The historical data trend for Waste Recovery Technology'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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Waste Recovery Technology ROCE % Chart

Waste Recovery Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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26.97

30.28

26.13

17.35

18.08

Waste Recovery Technology Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial											19.64	20.32	20.29	17.92	16.13

Waste Recovery Technology ROCE % Calculation

Waste Recovery Technology'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 )
	=	280.531	/	( ( (1778.164 - 268.679)	+	(2006.127 - 412.739) )	/ 2 )
	=	280.531	/	( (1509.485	+	1593.388)	/ 2 )
	=	280.531	/	1551.4365
	=	18.08 %

Waste Recovery Technology'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 )
	=	253.836	/	( ( (1849.118 - 294.622)	+	(2006.127 - 412.739) )	/ 2 )
	=	253.836	/	( ( 1554.496	+	1593.388 )	/ 2 )
	=	253.836	/	1573.942
	=	16.13 %

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

Waste Recovery Technology (ROCO:6894) 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.

Waste Recovery Technology ROCE % Related Terms

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Waste Recovery Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Waste Recovery Technology Inc (ROCO:6894) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

12F-1, No. 186, Dadun 19th Street, Xitun District, Taichung City, TWN

Website

https://www.recotech.com.tw/zh-tw

Waste Recovery Technology Inc engages in recycling and processing equipment for copper-containing waste liquid in the printed circuit board industry. The company produces printed circuit board copper plating insoluble anodes, printed circuit board copper containing waste liquid electrolytic recovery equipment, and others.

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