Advanced International Multitech Co (ROCO:8938) ROCE % : 26.37% (As of Dec. 2024)

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What is Advanced International Multitech 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. Advanced International Multitech Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 26.37%.

Advanced International Multitech Co ROCE % Historical Data

The historical data trend for Advanced International Multitech 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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Advanced International Multitech Co ROCE % Chart

Advanced International Multitech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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17.67

29.78

39.96

-0.79

18.83

Advanced International Multitech Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															2.25	28.13	25.28	-4.98	26.37

Advanced International Multitech Co ROCE % Calculation

Advanced International Multitech Co'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 )
	=	1592.573	/	( ( (13445.364 - 5269.272)	+	(15013.092 - 6270.094) )	/ 2 )
	=	1592.573	/	( (8176.092	+	8742.998)	/ 2 )
	=	1592.573	/	8459.545
	=	18.83 %

Advanced International Multitech Co'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: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	2253.016	/	( ( (13622.411 - 5276.331)	+	(15013.092 - 6270.094) )	/ 2 )
	=	2253.016	/	( ( 8346.08	+	8742.998 )	/ 2 )
	=	2253.016	/	8544.539
	=	26.37 %

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

Advanced International Multitech Co (ROCO:8938) 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.

Advanced International Multitech Co ROCE % Related Terms

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Advanced International Multitech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Advanced International Multitech Co Ltd (ROCO:8938) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Zhonglin Road, No. 26, Xiaogang District, Kaohsiung City, TWN, 812

Website

https://www.adgroup.com.tw

Advanced International Multitech Co Ltd is a Taiwan-based company. Along with its subsidiaries, the firm is engaged in the manufacturing, processing, trading, import, and export of carbon fiber prepackaged materials, and carbon fiber products, golf ball, composites, and bicycle parts. Its product portfolio includes golf club heads, graphite shafts, golf club sets, golf balls, putters, and carbon fiber components for bicycles, such as forks, frames, aviation products, and composite materials. It also manufactures carbon fiber bicycles under its own brand DIZO. Geographically, the company generates a majority of its revenue from the Americas followed by Asia and other regions.

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