Chia Hsin Cement (TPE:1103) ROCE % : -1.90% (As of Dec. 2024)

View and export this data going back to 1969. Start your Free Trial

What is Chia Hsin Cement 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. Chia Hsin Cement's annualized ROCE % for the quarter that ended in Dec. 2024 was -1.90%.

Chia Hsin Cement ROCE % Historical Data

The historical data trend for Chia Hsin Cement'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.

* Premium members only.

Chia Hsin Cement ROCE % Chart

Chia Hsin Cement Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

6.25

2.61

0.14

0.87

1.84

Chia Hsin Cement 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															-0.19	0.26	1.77	7.13	-1.90

Chia Hsin Cement ROCE % Calculation

Chia Hsin Cement'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 )
	=	601.548	/	( ( (36464.334 - 3301.743)	+	(35078.08 - 2925.659) )	/ 2 )
	=	601.548	/	( (33162.591	+	32152.421)	/ 2 )
	=	601.548	/	32657.506
	=	1.84 %

Chia Hsin Cement'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 )
	=	-625.696	/	( ( (36003.48 - 2454.258)	+	(35078.08 - 2925.659) )	/ 2 )
	=	-625.696	/	( ( 33549.222	+	32152.421 )	/ 2 )
	=	-625.696	/	32850.8215
	=	-1.90 %

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

Chia Hsin Cement (TPE:1103) 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.

Chia Hsin Cement ROCE % Related Terms

Thank you for viewing the detailed overview of Chia Hsin Cement's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Chia Hsin Cement Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Chia Hsin Cement Corp (TPE:1103) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongshan North Road, Jiaxin Building, No. 96, Section 2, Zhongshan District, Taipei, TWN, 10449

Website

https://www.chcgroup.com.tw

Chia Hsin Cement Corp is a Taiwan-based company that engaged in cement manufacturing, wholesale of building materials, retail sale of building materials, non-metallic mining, mixed-concrete products manufacturing, international trade, construction, and development of residences. and other activities. Its segments include the Cement segment which is in charge of cement sales; the Real estate segment which is in charge of real estate trading and leasing; the Warehousing and storage segment in charge of loading and unloading, warehousing and storage business in the port; and Hospitality and catering services segment in charge of catering and room service in the hotel and the maternal and childcare center. It generates the majority of its revenue from the Cement segment.

Chia Hsin Cement Headlines

No Headlines