ChainSea Information Integration Co (ROCO:6898) ROCE % : 33.01% (As of Dec. 2023)

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What is ChainSea Information Integration 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. ChainSea Information Integration Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 33.01%.

ChainSea Information Integration Co ROCE % Historical Data

The historical data trend for ChainSea Information Integration 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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ChainSea Information Integration Co ROCE % Chart

ChainSea Information Integration Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

13.96

31.86

65.13

42.43

ChainSea Information Integration Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			40.96	70.19	62.56	57.47	33.01

ChainSea Information Integration Co ROCE % Calculation

ChainSea Information Integration 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 )
	=	169.408	/	( ( (600.244 - 231.559)	+	(644.995 - 215.064) )	/ 2 )
	=	169.408	/	( (368.685	+	429.931)	/ 2 )
	=	169.408	/	399.308
	=	42.43 %

ChainSea Information Integration Co'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 )
	=	130.026	/	( ( (675.048 - 317.09)	+	(644.995 - 215.064) )	/ 2 )
	=	130.026	/	( ( 357.958	+	429.931 )	/ 2 )
	=	130.026	/	393.9445
	=	33.01 %

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

ChainSea Information Integration Co (ROCO:6898) 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.

ChainSea Information Integration Co ROCE % Related Terms

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ChainSea Information Integration Co (ROCO:6898) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ChainSea Information Integration Co Ltd (ROCO:6898) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chongqing North Road, 10th Floor, No. 1-1, Section 1, Datong District, Taipei, TWN, 103

Website

https://www.chainsea.com.tw

ChainSea Information Integration Co Ltd is engaged in the operation and management of outsourced customer service centers on the basis of system integration.

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