Everest Textile Co (TPE:1460) ROCE % : 6.22% (As of Dec. 2024)

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What is Everest Textile 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. Everest Textile Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.22%.

Everest Textile Co ROCE % Historical Data

The historical data trend for Everest Textile 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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Everest Textile Co ROCE % Chart

Everest Textile Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-10.88

4.93

2.92

-12.59

-0.55

Everest Textile Co 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															-32.61	3.87	-6.23	-6.27	6.22

Everest Textile Co ROCE % Calculation

Everest Textile 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 )
	=	-36.726	/	( ( (12346.273 - 5514.243)	+	(12275.419 - 5742.26) )	/ 2 )
	=	-36.726	/	( (6832.03	+	6533.159)	/ 2 )
	=	-36.726	/	6682.5945
	=	-0.55 %

Everest Textile 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 )
	=	404.668	/	( ( (12082.624 - 5603.61)	+	(12275.419 - 5742.26) )	/ 2 )
	=	404.668	/	( ( 6479.014	+	6533.159 )	/ 2 )
	=	404.668	/	6506.0865
	=	6.22 %

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

Everest Textile Co (TPE:1460) 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.

Everest Textile Co ROCE % Related Terms

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Everest Textile Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Everest Textile Co Ltd (TPE:1460) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.256, Minghe Vil, Shanshang District, Tainan, TWN, 74342

Website

http://www.everest.com.tw

Everest Textile Co Ltd is a Taiwan-based company that is engaged in the manufacturing and sales of textile products. Its production line consists of yarn spinning, twisting, weaving, dyeing, finishing, printing, coating, laminating, and special finishing. The company provides various kinds of fabrics, yarns, and others. The fabrics contribute the majority of the company's total revenue. Its reportable segments are Textile which derives key revenue, and the Investment segment. Geographically, the company generates a majority of its revenue from its customers in Taiwan and the rest from China, Thailand, Ethiopia, Haiti, and the United States.

Everest Textile Co Headlines

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