Forcelead Technology (ROCO:6996) ROCE % : 22.13% (As of Dec. 2024)

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What is Forcelead 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. Forcelead Technology's annualized ROCE % for the quarter that ended in Dec. 2024 was 22.13%.

Forcelead Technology ROCE % Historical Data

The historical data trend for Forcelead 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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Forcelead Technology ROCE % Chart

Forcelead Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

24.19

156.33

42.45

30.94

30.14

Forcelead Technology Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial							34.63	38.77	50.71	45.08	22.13

Forcelead Technology ROCE % Calculation

Forcelead 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 )
	=	678.133	/	( ( (2350.981 - 623.985)	+	(3435.455 - 662.275) )	/ 2 )
	=	678.133	/	( (1726.996	+	2773.18)	/ 2 )
	=	678.133	/	2250.088
	=	30.14 %

Forcelead 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 )
	=	508.652	/	( ( (2492.877 - 669.87)	+	(3435.455 - 662.275) )	/ 2 )
	=	508.652	/	( ( 1823.007	+	2773.18 )	/ 2 )
	=	508.652	/	2298.0935
	=	22.13 %

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

Forcelead Technology (ROCO:6996) 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.

Forcelead Technology ROCE % Related Terms

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Forcelead Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Forcelead Technology Corp (ROCO:6996) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6F-9, No. 5, Taiyuan 1st Street, Hsinchu County, Zhubei, TWN, 302

Website

https://www.forcelead.com.tw

Forcelead Technology Corp is an professional integrated chip design company mainly dedicated to the research and development and sales of display driver chips and touch integrated driver chips. Its products are mainly targeted in the automotive field, including display driver chips for instrument panels, center consoles, heads-up displays, electronic rearview mirrors, circular knobs, etc. The products have been mass-produced in major international automobile manufacturers in Asia, Europe, and America.

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