Trans Sun Materials Technology Co (ROCO:6967) ROCE % : 11.17% (As of Dec. 2024)

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What is Trans Sun Materials 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. Trans Sun Materials Technology Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 11.17%.

Trans Sun Materials Technology Co ROCE % Historical Data

The historical data trend for Trans Sun Materials 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.

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Trans Sun Materials Technology Co ROCE % Chart

Trans Sun Materials Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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19.97

21.83

21.05

19.42

12.77

Trans Sun Materials Technology Co Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial							1.53	16.80	15.25	11.39	11.17

Trans Sun Materials Technology Co ROCE % Calculation

Trans Sun Materials Technology Co'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 )
	=	100.911	/	( ( (1129.138 - 411.617)	+	(1220.187 - 356.76) )	/ 2 )
	=	100.911	/	( (717.521	+	863.427)	/ 2 )
	=	100.911	/	790.474
	=	12.77 %

Trans Sun Materials Technology Co'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 )
	=	95.212	/	( ( (1288.059 - 447.078)	+	(1220.187 - 356.76) )	/ 2 )
	=	95.212	/	( ( 840.981	+	863.427 )	/ 2 )
	=	95.212	/	852.204
	=	11.17 %

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

Trans Sun Materials Technology Co (ROCO:6967) 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.

Trans Sun Materials Technology Co ROCE % Related Terms

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Trans Sun Materials Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Trans Sun Materials Technology Co Ltd (ROCO:6967) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 185-2, Gongyequ 38th Road, Xiehe Village Xitun District, Taichung, TWN, 407020

Website

https://www.trans-sun.com.tw

Trans Sun Materials Technology Co Ltd is a comprehensive company that provides material solutions, including materials such as protective films, tapes, insulation, EMI, buffers, mesh, waterproof and breathable films, and appearance printing materials.

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