Star Asia Vision (ROCO:7753) ROCE % : 25.76% (As of Dec. 2024)

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What is Star Asia Vision 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. Star Asia Vision's annualized ROCE % for the quarter that ended in Dec. 2024 was 25.76%.

Star Asia Vision ROCE % Historical Data

The historical data trend for Star Asia Vision'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.
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Star Asia Vision ROCE % Chart

Star Asia Vision Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

ROCE %

-134.43

46.96

24.94

26.54

Star Asia Vision Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial			-	29.87	20.97	28.19	25.76

Star Asia Vision ROCE % Calculation

Star Asia Vision'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 )
	=	99.908	/	( ( (680.45 - 327.943)	+	(745.591 - 345.149) )	/ 2 )
	=	99.908	/	( (352.507	+	400.442)	/ 2 )
	=	99.908	/	376.4745
	=	26.54 %

Star Asia Vision'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 )
	=	98.634	/	( ( (714.663 - 349.281)	+	(745.591 - 345.149) )	/ 2 )
	=	98.634	/	( ( 365.382	+	400.442 )	/ 2 )
	=	98.634	/	382.912
	=	25.76 %

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

Star Asia Vision (ROCO:7753) 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.

Star Asia Vision ROCE % Related Terms

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Star Asia Vision Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Star Asia Vision Corp (ROCO:7753) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lixing 5th Road, 8th Floor, No. 1, Science Park, Hsinchu, TWN, 30078

Website

https://www.en.savc-vision.com

Star Asia Vision Corp is in the business of LED display screens. It is engaged in manufacturing and sales of optoelectronic semiconductor components with the design and applications of LEDs.

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