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Tex-Ray Industrial Co (TPE:1467) ROCE % : 3.08% (As of Dec. 2024)


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What is Tex-Ray Industrial 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. Tex-Ray Industrial Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.08%.


Tex-Ray Industrial Co ROCE % Historical Data

The historical data trend for Tex-Ray Industrial 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.

* Premium members only.

Tex-Ray Industrial Co ROCE % Chart

Tex-Ray Industrial Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.76 3.27 2.67 0.96 5.74

Tex-Ray Industrial 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.13 7.89 3.23 8.61 3.08

Tex-Ray Industrial Co ROCE % Calculation

Tex-Ray Industrial 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 )
=300.013/( ( (8266.801 - 3071.002) + (8740.439 - 3482.696) )/ 2 )
=300.013/( (5195.799+5257.743)/ 2 )
=300.013/5226.771
=5.74 %

Tex-Ray Industrial 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 )
=162.432/( ( (8901.108 - 3594.489) + (8740.439 - 3482.696) )/ 2 )
=162.432/( ( 5306.619 + 5257.743 )/ 2 )
=162.432/5282.181
=3.08 %

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

* 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.


Tex-Ray Industrial Co  (TPE:1467) 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.


Tex-Ray Industrial Co ROCE % Related Terms

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Tex-Ray Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
Linsen North Road, 2nd Floor, No. 426, Jhongshan District, Taipei, TWN, 10451
Tex-Ray Industrial Co Ltd operates in the apparel manufacturing industry. The company's segment includes dyeing and weaving, garment processing, machine manufacturing, metal fiber, and others. The company generates the majority of its revenue from America and also has a presence in Asia, Taiwan, Africa, Mexico, and other countries.

Tex-Ray Industrial Co Headlines

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