Champ Ray Industrial Co (ROCO:7642) ROCE % : 21.39% (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Champ Ray Industrial 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. Champ Ray Industrial Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 21.39%.

Champ Ray Industrial Co ROCE % Historical Data

The historical data trend for Champ Ray Industrial 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.

Champ Ray Industrial Co ROCE % Chart

Champ Ray Industrial Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

8.92

22.18

52.70

19.75

18.86

Champ Ray Industrial Co Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial					42.45	11.77	35.74	20.34	21.39

Champ Ray Industrial Co ROCE % Calculation

Champ Ray Industrial 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 )
	=	217.812	/	( ( (1360.274 - 187.68)	+	(1329.838 - 192.764) )	/ 2 )
	=	217.812	/	( (1172.594	+	1137.074)	/ 2 )
	=	217.812	/	1154.834
	=	18.86 %

Champ Ray Industrial 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 )
	=	240.492	/	( ( (1337.033 - 225.113)	+	(1329.838 - 192.764) )	/ 2 )
	=	240.492	/	( ( 1111.92	+	1137.074 )	/ 2 )
	=	240.492	/	1124.497
	=	21.39 %

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

Champ Ray Industrial Co (ROCO:7642) 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.

Champ Ray Industrial Co ROCE % Related Terms

Thank you for viewing the detailed overview of Champ Ray Industrial Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Champ Ray Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Champ Ray Industrial Co Ltd (ROCO:7642) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.272, Taixi S. Road, Longjing District, Taichung, TWN, 43455

Website

https://www.champ-ray.com

Champ Ray Industrial Co Ltd is a professional design and manufacturing companies of the controller and controller. They have a professional R&D team and who are engaged in the design and manufacture of products related to DC ceiling fans.

Champ Ray Industrial Co Headlines

No Headlines