Eagle Cold Storage Enterprise Co (ROCO:8905) ROCE % : 8.25% (As of Sep. 2024)

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What is Eagle Cold Storage Enterprise 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. Eagle Cold Storage Enterprise Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.25%.

Eagle Cold Storage Enterprise Co ROCE % Historical Data

The historical data trend for Eagle Cold Storage Enterprise 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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Eagle Cold Storage Enterprise Co ROCE % Chart

Eagle Cold Storage Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.91

-4.63

12.33

6.12

11.75

Eagle Cold Storage Enterprise Co 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															7.99	5.81	8.51	7.88	8.25

Eagle Cold Storage Enterprise Co ROCE % Calculation

Eagle Cold Storage Enterprise 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 )
	=	337.586	/	( ( (3671.856 - 965.068)	+	(3461.253 - 424.054) )	/ 2 )
	=	337.586	/	( (2706.788	+	3037.199)	/ 2 )
	=	337.586	/	2871.9935
	=	11.75 %

Eagle Cold Storage Enterprise Co'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 )
	=	241.5	/	( ( (3595.538 - 684.841)	+	(3377.744 - 437.293) )	/ 2 )
	=	241.5	/	( ( 2910.697	+	2940.451 )	/ 2 )
	=	241.5	/	2925.574
	=	8.25 %

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

Eagle Cold Storage Enterprise Co (ROCO:8905) 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.

Eagle Cold Storage Enterprise Co ROCE % Related Terms

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Eagle Cold Storage Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Eagle Cold Storage Enterprise Co Ltd (ROCO:8905) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Gongyequ 2nd Road, Industrial Park, Xitun District, Tainchung, TWN, 403

Website

https://www.eaglegroup.com.tw

Eagle Cold Storage Enterprise Co Ltd is a Taiwan-based low-temperature storage company. The company is predominantly involved in the trading of imported vegetables and frozen meat, leasing refrigerated warehouses for vegetables, fruit, fish, meat, and ice products, and manufacturing and processing of agricultural goods and food. The company's reportable segments are the warehousing department, meats, and the construction segment. The majority of its revenue is generated from the Meats segment which involves processing and trading of vegetables and meats.

Eagle Cold Storage Enterprise Co Headlines

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