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Dawushan Farm Technology Co (ROCO:6952) ROCE % : 11.94% (As of Mar. 2024)


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What is Dawushan Farm Technology 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. Dawushan Farm Technology Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.94%.


Dawushan Farm Technology Co ROCE % Historical Data

The historical data trend for Dawushan Farm Technology 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.

* Premium members only.

Dawushan Farm Technology Co ROCE % Chart

Dawushan Farm Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
10.91 4.62 14.32 6.52

Dawushan Farm Technology Co Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.47 5.60 11.62 13.76 11.94

Dawushan Farm Technology Co ROCE % Calculation

Dawushan Farm Technology 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 )
=115.523/( ( (1982.235 - 311.383) + (2262.62 - 390.985) )/ 2 )
=115.523/( (1670.852+1871.635)/ 2 )
=115.523/1771.2435
=6.52 %

Dawushan Farm Technology Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=226.224/( ( (2262.62 - 390.985) + (2258.59 - 339.862) )/ 2 )
=226.224/( ( 1871.635 + 1918.728 )/ 2 )
=226.224/1895.1815
=11.94 %

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


Dawushan Farm Technology Co  (ROCO:6952) 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.


Dawushan Farm Technology Co ROCE % Related Terms

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Dawushan Farm Technology Co (ROCO:6952) Business Description

Traded in Other Exchanges
N/A
Address
No. 68-30, Pingshan Road, Wanlong Village, Xinpi Township, Pingtung, TWN
Dawushan Farm Technology Co Ltd is engaged in the production of eggs. The company offers fresh eggs, liquid eggs, soft-boiled eggs, egg rolls, and other products.

Dawushan Farm Technology Co (ROCO:6952) Headlines

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