Jui Li Enterprise Co (TPE:1512) ROCE % : 2.61% (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Jui Li Enterprise 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. Jui Li Enterprise Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.61%.

Jui Li Enterprise Co ROCE % Historical Data

The historical data trend for Jui Li Enterprise 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.

Jui Li Enterprise Co ROCE % Chart

Jui Li Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-28.18

-7.99

-10.90

-10.12

2.62

Jui Li Enterprise Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-10.59	2.71	2.63	2.51	2.61

Jui Li Enterprise Co ROCE % Calculation

Jui Li Enterprise 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 )
	=	46.538	/	( ( (2352.972 - 550.459)	+	(2162.431 - 416.864) )	/ 2 )
	=	46.538	/	( (1802.513	+	1745.567)	/ 2 )
	=	46.538	/	1774.04
	=	2.62 %

Jui Li Enterprise Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	46.808	/	( ( (2292.242 - 456.895)	+	(2162.431 - 416.864) )	/ 2 )
	=	46.808	/	( ( 1835.347	+	1745.567 )	/ 2 )
	=	46.808	/	1790.457
	=	2.61 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Jui Li Enterprise Co (TPE:1512) 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.

Jui Li Enterprise Co ROCE % Related Terms

Thank you for viewing the detailed overview of Jui Li Enterprise Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Jui Li Enterprise Co (TPE:1512) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jui Li Enterprise Co Ltd (TPE:1512) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22, Gaonan Highway, Renwu District, Kaohsiung, TWN, 81453

Website

http://www.juili.com.tw

Jui Li Enterprise Co Ltd operates in the auto parts industry. The company produces exterior auto body parts like hood assembly, luggage assembly, rear door sash, right front door assembly, and roof cover, and AM parts like fender, bumper iron, and water tank bracket. The company is engaged in the production and sales of automobile and motorcycle stamping parts, stamping dies and jigs, and is a satellite plant of stamping parts for automobile and motorcycle manufacturers in Taiwan.

Jui Li Enterprise Co (TPE:1512) Headlines

No Headlines