Lien Hwa Industrial Holding (TPE:1229) ROCE % : 7.43% (As of Mar. 2024)

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What is Lien Hwa Industrial Holding 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. Lien Hwa Industrial Holding's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.43%.

Lien Hwa Industrial Holding ROCE % Historical Data

The historical data trend for Lien Hwa Industrial Holding'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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Lien Hwa Industrial Holding ROCE % Chart

Lien Hwa Industrial Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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9.58

10.33

8.70

9.39

8.75

Lien Hwa Industrial Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															4.85	8.48	12.89	7.58	7.43

Lien Hwa Industrial Holding ROCE % Calculation

Lien Hwa Industrial Holding's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	5068.834	/	( ( (71670.249 - 13254.287)	+	(69909.548 - 12503.574) )	/ 2 )
	=	5068.834	/	( (58415.962	+	57405.974)	/ 2 )
	=	5068.834	/	57910.968
	=	8.75 %

Lien Hwa Industrial Holding's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	5151.696	/	( ( (77821.548 - 13096.218)	+	(89542.992 - 15679.589) )	/ 2 )
	=	5151.696	/	( ( 64725.33	+	73863.403 )	/ 2 )
	=	5151.696	/	69294.3665
	=	7.43 %

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

Lien Hwa Industrial Holding (TPE:1229) 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.

Lien Hwa Industrial Holding ROCE % Related Terms

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Lien Hwa Industrial Holding (TPE:1229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Lien Hwa Industrial Holding Corp (TPE:1229) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 44, Section 1, Chengde Road, 6th Floor, Datong District, Taipei, TWN

Website

https://www.lhicholdings.com

Lien Hwa Industrial Holding Corp is engaged in flour production and sale, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has five reportable segments. The rental business provides real property rental and development services. The noodle business manufactures and sells all kinds of noodles and processed foods. The noodle business overseas is a noodles manufacturing and sale company. The system integration service business provides the system integration service, automatic system, applied software design, and sale of industrial computers. The administrative resource center is responsible for the management of domestic/foreign investment business.

Lien Hwa Industrial Holding (TPE:1229) Headlines

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