New Toyo International Holdings (SGX:N08) ROCE % : 9.96% (As of Dec. 2023)

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What is New Toyo International Holdings 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. New Toyo International Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.96%.

New Toyo International Holdings ROCE % Historical Data

The historical data trend for New Toyo International Holdings'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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New Toyo International Holdings ROCE % Chart

New Toyo International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-5.08

5.31

7.42

6.14

9.37

New Toyo International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															7.01	7.46	4.57	8.61	9.96

New Toyo International Holdings ROCE % Calculation

New Toyo International Holdings'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 )
	=	18.161	/	( ( (246.086 - 53.776)	+	(253.601 - 58.43) )	/ 2 )
	=	18.161	/	( (192.31	+	195.171)	/ 2 )
	=	18.161	/	193.7405
	=	9.37 %

New Toyo International Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	19.546	/	( ( (253.196 - 55.761)	+	(253.601 - 58.43) )	/ 2 )
	=	19.546	/	( ( 197.435	+	195.171 )	/ 2 )
	=	19.546	/	196.303
	=	9.96 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

New Toyo International Holdings (SGX:N08) 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.

New Toyo International Holdings ROCE % Related Terms

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New Toyo International Holdings (SGX:N08) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » New Toyo International Holdings Ltd (SGX:N08) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Soon Lee Road, Singapore, SGP, 628079

Website

http://www.newtoyo.com

New Toyo International Holdings Ltd along with its subsidiaries is engaged in printing and sale of paper packaging materials. Its operating segments include Specialty papers which manufacture and sell laminated aluminum paper products and other packaging products. Printed cartons and labels segment includes printing and sale of paper packaging materials. The trading segment includes the sale of raw materials, paper products, and equipment. Tissue paper segment manufactures and sells paper products. Investment holding segment includes Investing activities, including investment in properties. It generates the majority of the revenue from Specialty papers segment.

New Toyo International Holdings (SGX:N08) Headlines

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