Firich Enterprises Co (ROCO:8076) ROCE % : 21.29% (As of Mar. 2024)

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What is Firich Enterprises 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. Firich Enterprises Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 21.29%.

Firich Enterprises Co ROCE % Historical Data

The historical data trend for Firich Enterprises 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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Firich Enterprises Co ROCE % Chart

Firich Enterprises Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.74

-0.78

5.32

9.49

2.57

Firich Enterprises Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															21.27	1.78	5.77	-19.33	21.29

Firich Enterprises Co ROCE % Calculation

Firich Enterprises 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 )
	=	120.229	/	( ( (6889.925 - 2160.92)	+	(6446.019 - 1809.599) )	/ 2 )
	=	120.229	/	( (4729.005	+	4636.42)	/ 2 )
	=	120.229	/	4682.7125
	=	2.57 %

Firich Enterprises Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1034.496	/	( ( (6446.019 - 1809.599)	+	(7018.527 - 1938.53) )	/ 2 )
	=	1034.496	/	( ( 4636.42	+	5079.997 )	/ 2 )
	=	1034.496	/	4858.2085
	=	21.29 %

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

Firich Enterprises Co (ROCO:8076) 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.

Firich Enterprises Co ROCE % Related Terms

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Firich Enterprises Co (ROCO:8076) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Firich Enterprises Co Ltd (ROCO:8076) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sec. 1 Hsin Tai Wu Road, Sec. 1, 10th Floor, No. 75, Sijhih District, New Taipei City, TWN, 221

Website

https://www.fecpos.com

Firich Enterprises Co Ltd operates in the assembly, manufacture, import, and export of business-oriented computers and their peripheral equipment. It is engaged in the POS systems business, generating solid and consistent growth. FEC provides a range of POS products, including all-in-one touch terminals, box PCs, monitors, and related peripherals. The group is divided into two reportable segments: Computers and their peripherals, which design, manufacture, and sell POS system hardware and software as well as related after-sales and maintenance services; and Other, which deals in the wholesale of alcoholic beverages. The majority of the revenue is generated from Computers and their peripherals segment.

Firich Enterprises Co (ROCO:8076) Headlines

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