Formosa Oilseed Processing Co (TPE:1225) ROCE % : 9.09% (As of Sep. 2024)

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What is Formosa Oilseed Processing 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. Formosa Oilseed Processing Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.09%.

Formosa Oilseed Processing Co ROCE % Historical Data

The historical data trend for Formosa Oilseed Processing 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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Formosa Oilseed Processing Co ROCE % Chart

Formosa Oilseed Processing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.72

11.81

12.47

8.83

10.07

Formosa Oilseed Processing Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															15.08	15.03	8.21	14.70	9.09

Formosa Oilseed Processing Co ROCE % Calculation

Formosa Oilseed Processing 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 )
	=	564.834	/	( ( (9441.163 - 3805.893)	+	(8720.522 - 3140.725) )	/ 2 )
	=	564.834	/	( (5635.27	+	5579.797)	/ 2 )
	=	564.834	/	5607.5335
	=	10.07 %

Formosa Oilseed Processing Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	467.208	/	( ( (8488.075 - 3321.836)	+	(8690.73 - 3576.07) )	/ 2 )
	=	467.208	/	( ( 5166.239	+	5114.66 )	/ 2 )
	=	467.208	/	5140.4495
	=	9.09 %

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

Formosa Oilseed Processing Co (TPE:1225) 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.

Formosa Oilseed Processing Co ROCE % Related Terms

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Formosa Oilseed Processing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Formosa Oilseed Processing Co Ltd (TPE:1225) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No. 453, Section 1, Shatian Road, Dadu District, Taichung, TWN

Website

https://www.fopco.com.tw

Formosa Oilseed Processing Co Ltd is a company principally engaged in the manufacturing and distribution of oil products and feedstuff. Its businesses include the manufacturing and the selling of soybean oil, soy flour, flour, oatmeal, corn, pet food, and import and export transactions. Its feedstuff products include soybean powder, wheat powder, wheat bran, barley, and mixed feedstuff, among others. The company no longer engages in the production of flour.

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