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Jhu Jian Catering Co (ROCO:7723) ROCE % : 18.10% (As of Jun. 2024)


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What is Jhu Jian Catering 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. Jhu Jian Catering Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 18.10%.


Jhu Jian Catering Co ROCE % Historical Data

The historical data trend for Jhu Jian Catering 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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Jhu Jian Catering Co ROCE % Chart

Jhu Jian Catering Co Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
-0.77 23.23 16.98

Jhu Jian Catering Co Quarterly Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial 38.74 51.38 48.05 28.00 18.10

Jhu Jian Catering Co ROCE % Calculation

Jhu Jian Catering 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 )
=483.787/( ( (3333.045 - 1323.796) + (5252.345 - 1562.661) )/ 2 )
=483.787/( (2009.249+3689.684)/ 2 )
=483.787/2849.4665
=16.98 %

Jhu Jian Catering Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=662.08/( ( (5252.345 - 1562.661) + (5063.859 - 1438.346) )/ 2 )
=662.08/( ( 3689.684 + 3625.513 )/ 2 )
=662.08/3657.5985
=18.10 %

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


Jhu Jian Catering Co  (ROCO:7723) 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.


Jhu Jian Catering Co ROCE % Related Terms

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Jhu Jian Catering Co Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, No. 455, Chongde 9th Road, Beitun District, Taichung, TWN
Jhu Jian Catering Co Ltd is a company that is a chain catering brand with seafood suppliers, integrating production and sales with Xinfeng Xianhui Aquatic Products to provide a fresh and high-quality seafood supply chain. they choose high-quality and complete food suppliers to provide a variety of selected ingredients that meet food safety standards, Where they combine the concept of "extracting the essence of various ingredients from hundreds of flavors to integrate the characteristics of the ingredients into soups and dishes.

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