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Donutes International Co (ROCO:7756) ROCE % : 9.58% (As of Jun. 2024)


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What is Donutes International 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. Donutes International Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 9.58%.


Donutes International Co ROCE % Historical Data

The historical data trend for Donutes International 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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Donutes International Co ROCE % Chart

Donutes International Co Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
7.61 6.02 9.87

Donutes International Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
ROCE % - - 10.73 9.05 9.58

Donutes International Co ROCE % Calculation

Donutes International 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 )
=108.548/( ( (1350.712 - 284.544) + (1443.076 - 308.602) )/ 2 )
=108.548/( (1066.168+1134.474)/ 2 )
=108.548/1100.321
=9.87 %

Donutes International 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 )
=106.616/( ( (1443.076 - 308.602) + (1367.612 - 276.908) )/ 2 )
=106.616/( ( 1134.474 + 1090.704 )/ 2 )
=106.616/1112.589
=9.58 %

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


Donutes International Co  (ROCO:7756) 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.


Donutes International Co ROCE % Related Terms

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Donutes International Co Business Description

Traded in Other Exchanges
N/A
Address
No. 268, Kangping Street, Sanmin District, Kaohsiung City, TWN, 807008
Donutes International Co Ltd is engaged in baking activities. The company uses fresh ingredients for cooking and production. The products offered by the company are coffee, tea, smoothie, bread, sandwich, birthday cake, and mousse. cake, Italian ice cream, imported food festival gift boxes, and others.

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