Union Semiconductor (Hefei) Co (SHSE:688403) ROCE % : 5.66% (As of Dec. 2024)

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What is Union Semiconductor (Hefei) 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. Union Semiconductor (Hefei) Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.66%.

Union Semiconductor (Hefei) Co ROCE % Historical Data

The historical data trend for Union Semiconductor (Hefei) 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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Union Semiconductor (Hefei) Co ROCE % Chart

Union Semiconductor (Hefei) Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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3.70

9.27

7.97

6.24

4.60

Union Semiconductor (Hefei) Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial														6.68	3.56	4.54	5.23	5.66

Union Semiconductor (Hefei) Co ROCE % Calculation

Union Semiconductor (Hefei) 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 )
	=	176.022	/	( ( (3596.297 - 364.886)	+	(4591.224 - 162.425) )	/ 2 )
	=	176.022	/	( (3231.411	+	4428.799)	/ 2 )
	=	176.022	/	3830.105
	=	4.60 %

Union Semiconductor (Hefei) 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 )
	=	248.032	/	( ( (4547.538 - 213.516)	+	(4591.224 - 162.425) )	/ 2 )
	=	248.032	/	( ( 4334.022	+	4428.799 )	/ 2 )
	=	248.032	/	4381.4105
	=	5.66 %

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

Union Semiconductor (Hefei) Co (SHSE:688403) 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.

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Union Semiconductor (Hefei) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Union Semiconductor (Hefei) Co Ltd (SHSE:688403) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230012

Website

http://www.unionsemicon.com.cn

Union Semiconductor (Hefei) Co Ltd is a high-end advanced packaging and testing service provider for integrated circuits. It focuses on the field of display driver chips. The company's main business is the front-end gold bumping manufacturing as the core and integrates wafer testing, back-end chip-on-glass, and chip-on-film links to form a full range of display driver chips.

Executives

Chen Han Zong	Core technical personnel
Xu Yuan Cheng	Core technical personnel

Union Semiconductor (Hefei) Co Headlines

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