Eastern Union Interactive (ROCO:7738) ROCE % : 36.40% (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Eastern Union Interactive 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. Eastern Union Interactive's annualized ROCE % for the quarter that ended in Jun. 2024 was 36.40%.

Eastern Union Interactive ROCE % Historical Data

The historical data trend for Eastern Union Interactive'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.

Eastern Union Interactive ROCE % Chart

Eastern Union Interactive Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-13.07

8.39

20.84

Eastern Union Interactive Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
ROCE %	-	-	47.35	3.58	36.40

Eastern Union Interactive ROCE % Calculation

Eastern Union Interactive'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 )
	=	105.184	/	( ( (576.764 - 178.702)	+	(833.438 - 221.826) )	/ 2 )
	=	105.184	/	( (398.062	+	611.612)	/ 2 )
	=	105.184	/	504.837
	=	20.84 %

Eastern Union Interactive'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 )
	=	314.468	/	( ( (833.438 - 221.826)	+	(1261.653 - 145.479) )	/ 2 )
	=	314.468	/	( ( 611.612	+	1116.174 )	/ 2 )
	=	314.468	/	863.893
	=	36.40 %

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

Eastern Union Interactive (ROCO:7738) 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.

Eastern Union Interactive ROCE % Related Terms

Thank you for viewing the detailed overview of Eastern Union Interactive's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Eastern Union Interactive Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Eastern Union Interactive Corp (ROCO:7738) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7F-1 , No. 51, Zhongyang Road, Sect. 4, Tucheng District, New Taipei, TWN

Website

Eastern Union Interactive Corp is a Company that offers a safe platform that provides safe and convenient cross-border financial services. Its service scope includes Indonesia, the Philippines, Vietnam, Thailand, etc. which is of positive help in guiding foreign migrant workers to handle remittances through legal channels and thereby establishing inclusive finance. It has obtained a foreign small-amount exchange license for foreign migrant workers in Taiwan. Legal services for foreign migrant workers working in Taiwan, Make cross-border remittances.

Eastern Union Interactive Headlines

No Headlines