Chander Electronics (ROCO:8068) ROCE % : 17.01% (As of Sep. 2024)

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What is Chander Electronics 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. Chander Electronics's annualized ROCE % for the quarter that ended in Sep. 2024 was 17.01%.

Chander Electronics ROCE % Historical Data

The historical data trend for Chander Electronics'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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Chander Electronics ROCE % Chart

Chander Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.06

-3.08

-5.22

1.20

-2.67

Chander Electronics Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															2.25	-11.93	44.53	6.77	17.01

Chander Electronics ROCE % Calculation

Chander Electronics'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 )
	=	-26.2	/	( ( (1472.111 - 462.769)	+	(1283.373 - 332.54) )	/ 2 )
	=	-26.2	/	( (1009.342	+	950.833)	/ 2 )
	=	-26.2	/	980.0875
	=	-2.67 %

Chander Electronics's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	185.824	/	( ( (1424.613 - 337.157)	+	(1463.816 - 366.123) )	/ 2 )
	=	185.824	/	( ( 1087.456	+	1097.693 )	/ 2 )
	=	185.824	/	1092.5745
	=	17.01 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Chander Electronics (ROCO:8068) 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.

Chander Electronics ROCE % Related Terms

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Chander Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chander Electronics Corp (ROCO:8068) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 531-1, Zhongzheng Road, 2nd Floor, Xindian District, New Taipei, TWN, 231

Website

https://www.chander.com.tw

Chander Electronics Corp is engaged in the distribution, maintenance, and trade of export electronic components, integrated circuits, computer equipment, and domestic and foreign liquor agent sale. The main operating revenue of the company comes from the agency and distribution of electronic, and components and domestic and overseas liquor.

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