Neweb Information Co (ROCO:6938) ROCE % : 30.92% (As of Jun. 2024)

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What is Neweb Information 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. Neweb Information Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 30.92%.

Neweb Information Co ROCE % Historical Data

The historical data trend for Neweb Information 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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Neweb Information Co ROCE % Chart

Neweb Information Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

32.69

30.00

25.18

30.73

Neweb Information Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			12.47	38.45	28.48	39.03	30.92

Neweb Information Co ROCE % Calculation

Neweb Information 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 )
	=	66.644	/	( ( (366.24 - 182.155)	+	(515.497 - 265.807) )	/ 2 )
	=	66.644	/	( (184.085	+	249.69)	/ 2 )
	=	66.644	/	216.8875
	=	30.73 %

Neweb Information Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	78.578	/	( ( (515.497 - 265.807)	+	(461.63 - 202.974) )	/ 2 )
	=	78.578	/	( ( 249.69	+	258.656 )	/ 2 )
	=	78.578	/	254.173
	=	30.92 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Neweb Information Co (ROCO:6938) 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.

Neweb Information Co ROCE % Related Terms

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Neweb Information Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Neweb Information Co Ltd (ROCO:6938) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Floor, No. 42, Xingzhong Road, Neihu District, Taipei, TWN

Website

http://www.newebinfo.com.tw

Neweb Information Co Ltd is a professional manufacturing company in China with large-scale core system hosts and integrated cross-platform cloud computing services, especially for UNIX, NT, AIX and Linux operations. The platform provides professional services from planning, construction to maintenance and operation of integration, virtualization, cloud, database, storage, backup, backup, network security and other systems. The company mainly provides services such as integrated planning and sales, consulting, introduction, cloud construction, management and maintenance of information software and hardware products.

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