Foxconn Industrial Internet Co (SHSE:601138) ROCE % : 24.73% (As of Dec. 2023)

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What is Foxconn Industrial Internet 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. Foxconn Industrial Internet Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 24.73%.

Foxconn Industrial Internet Co ROCE % Historical Data

The historical data trend for Foxconn Industrial Internet 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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Foxconn Industrial Internet Co ROCE % Chart

Foxconn Industrial Internet Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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26.98

20.74

19.69

18.01

17.99

Foxconn Industrial Internet Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															27.84	11.65	13.99	22.35	24.73

Foxconn Industrial Internet Co ROCE % Calculation

Foxconn Industrial Internet 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 )
	=	25605.629	/	( ( (284187.662 - 149175.581)	+	(287705.301 - 138044.524) )	/ 2 )
	=	25605.629	/	( (135012.081	+	149660.777)	/ 2 )
	=	25605.629	/	142336.429
	=	17.99 %

Foxconn Industrial Internet Co'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	36121.412	/	( ( (272344.998 - 129849.297)	+	(287705.301 - 138044.524) )	/ 2 )
	=	36121.412	/	( ( 142495.701	+	149660.777 )	/ 2 )
	=	36121.412	/	146078.239
	=	24.73 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Foxconn Industrial Internet Co (SHSE:601138) 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.

Foxconn Industrial Internet Co ROCE % Related Terms

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Foxconn Industrial Internet Co (SHSE:601138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Foxconn Industrial Internet Co Ltd (SHSE:601138) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 East Ring Road, Longhua Street, 2nd Floor, Building C1, Foxconn Technology Park, Longhua District, Guangdong Province, Shenzhen, CHN, 518109

Website

http://www.fii-foxconn.com

Foxconn Industrial Internet Co Ltd is engaged in designing and manufacturing of communication network equipment, cloud service equipment, precision tools, and industrial robots. The company's main products cover communication network equipment, cloud service equipment, precision tools and industrial robots. The products are mainly used in smartphones, broadband, and wireless networks, infrastructure construction of multimedia service operators, infrastructure construction of telecom operators, and others.

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