Neousys Technology (ROCO:6922) ROCE % : 17.04% (As of Dec. 2024)

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What is Neousys 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. Neousys Technology's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.04%.

Neousys Technology ROCE % Historical Data

The historical data trend for Neousys 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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Neousys Technology ROCE % Chart

Neousys Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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31.03

42.71

43.83

17.60

21.55

Neousys Technology Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial										6.12	33.40	22.62	15.55	17.04

Neousys Technology ROCE % Calculation

Neousys 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 )
	=	253.706	/	( ( (1106.216 - 216.397)	+	(1798.149 - 333.297) )	/ 2 )
	=	253.706	/	( (889.819	+	1464.852)	/ 2 )
	=	253.706	/	1177.3355
	=	21.55 %

Neousys 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 )
	=	246.632	/	( ( (1799.767 - 370.381)	+	(1798.149 - 333.297) )	/ 2 )
	=	246.632	/	( ( 1429.386	+	1464.852 )	/ 2 )
	=	246.632	/	1447.119
	=	17.04 %

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

Neousys Technology (ROCO:6922) 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.

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Neousys Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Neousys Technology Inc (ROCO:6922) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

No.868-3, Zhongzheng Road, 15th Floor, Zhonghe District, New Taipei City, TWN, 23586

Website

https://www.neousys-tech.com

Neousys Technology Inc designs and manufactures industrial-grade rugged embedded computers and systems with core expertise ranging from embedded computing to data acquisition and processing. Its product line comprises Wide temperature range fanless computers, Rugged embedded industrial computing, Machine vision controller, In-vehicle fanless computer, Ultra compact fanless embedded computer, Surveillance/ video analytics computing, and GPU computing platform.

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