LabTurbo Biotech (ROCO:7725) ROCE % : -10.48% (As of Dec. 2024)

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What is LabTurbo Biotech 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. LabTurbo Biotech's annualized ROCE % for the quarter that ended in Dec. 2024 was -10.48%.

LabTurbo Biotech ROCE % Historical Data

The historical data trend for LabTurbo Biotech'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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LabTurbo Biotech ROCE % Chart

LabTurbo Biotech Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

ROCE %

52.18

61.48

-3.77

0.61

LabTurbo Biotech Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial			15.77	-2.09	-5.82	11.63	-10.48

LabTurbo Biotech ROCE % Calculation

LabTurbo Biotech'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 )
	=	8.215	/	( ( (1401.764 - 51.087)	+	(1389.589 - 48.374) )	/ 2 )
	=	8.215	/	( (1350.677	+	1341.215)	/ 2 )
	=	8.215	/	1345.946
	=	0.61 %

LabTurbo Biotech'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 )
	=	-144.392	/	( ( (1480.121 - 66.18)	+	(1389.589 - 48.374) )	/ 2 )
	=	-144.392	/	( ( 1413.941	+	1341.215 )	/ 2 )
	=	-144.392	/	1377.578
	=	-10.48 %

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

LabTurbo Biotech (ROCO:7725) 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.

LabTurbo Biotech ROCE % Related Terms

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LabTurbo Biotech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » LabTurbo Biotech Corp (ROCO:7725) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3F-1, No. 150, Section 4, Chengde Road, Shilin District, Taipei, TWN

Website

https://www.labturbo.com.tw

LabTurbo Biotech Corp is a company that is mainly engaged in the research and development, production, sales of nucleic acid extraction, genetic testing, genetic testing reagents, instruments, and the operation of sports science venues. Its main products and services include the entire process. Automated precision medical genetic testing systems and reagent kits as well as testing services.

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