Microprogram Information Co (ROCO:7721) ROCE % : 10.81% (As of Dec. 2024)

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What is Microprogram 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. Microprogram Information Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.81%.

Microprogram Information Co ROCE % Historical Data

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

Microprogram Information Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

-14.12

2.46

23.35

20.38

Microprogram Information Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial			8.05	4.97	34.40	37.78	10.81

Microprogram Information Co ROCE % Calculation

Microprogram Information 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 )
	=	182.39	/	( ( (810.597 - 157.561)	+	(1302.389 - 165.678) )	/ 2 )
	=	182.39	/	( (653.036	+	1136.711)	/ 2 )
	=	182.39	/	894.8735
	=	20.38 %

Microprogram Information 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: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	101.446	/	( ( (974.567 - 233.715)	+	(1302.389 - 165.678) )	/ 2 )
	=	101.446	/	( ( 740.852	+	1136.711 )	/ 2 )
	=	101.446	/	938.7815
	=	10.81 %

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

Microprogram Information Co (ROCO:7721) 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.

Microprogram Information Co ROCE % Related Terms

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Microprogram Information Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Microprogram Information Co (ROCO:7721) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Floor, No. 402, Zhengshi Road, Xitun District, Taichung, TWN, 407

Website

https://www.program.com.tw

Microprogram Information Co is a company that provides industrial IoT technology services and is committed to allowing their clients to have a better and sustainable life. They focus on the three major areas of electronic payment, wireless sensing and cloud data. Through user research, vertical integration of software and hardware technologies, terminal sensor devices, mobile apps, cloud service platforms and core technologies of big data analysis, we assist transportation and finance, retail, manufacturing, bicycle and other industries to innovate and upgrade. They assist you from definition of requirements, concept creation, product development, to service optimization, using the advantages of software and hardware integration technology.

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