Luxe Green Energy Technology Co (TPE:1529) ROCE % : 0.16% (As of Sep. 2024)

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What is Luxe Green Energy Technology 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. Luxe Green Energy Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.16%.

Luxe Green Energy Technology Co ROCE % Historical Data

The historical data trend for Luxe Green Energy Technology 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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Luxe Green Energy Technology Co ROCE % Chart

Luxe Green Energy Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.91

5.23

7.27

2.90

6.71

Luxe Green Energy Technology 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															-6.73	8.03	-1.21	8.37	0.16

Luxe Green Energy Technology Co ROCE % Calculation

Luxe Green Energy Technology 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 )
	=	176.966	/	( ( (2999.128 - 455.473)	+	(3137.634 - 405.349) )	/ 2 )
	=	176.966	/	( (2543.655	+	2732.285)	/ 2 )
	=	176.966	/	2637.97
	=	6.71 %

Luxe Green Energy Technology 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 )
	=	4.508	/	( ( (3296.792 - 518.864)	+	(3441.626 - 591.949) )	/ 2 )
	=	4.508	/	( ( 2777.928	+	2849.677 )	/ 2 )
	=	4.508	/	2813.8025
	=	0.16 %

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

Luxe Green Energy Technology Co (TPE:1529) 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.

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Luxe Green Energy Technology Co Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luxe Green Energy Technology Co Ltd (TPE:1529) » Definitions » ROCE %

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Address

No. 114, Chenggong Road, 7th Floor, North District, Tainan, TWN

Website

https://www.luxe.com.tw

Luxe Green Energy Technology Co Ltd is engaged in the design, manufacture, installation, and sale of high and low-voltage distribution panels, various electrical and electronic equipment (including transformers), and various electrical and photovoltaic plant engineering contracts. Its business segments are Energy Business Group provides the Installation of wind power and solar power projects, Electrical Engineering Group engages in the Design, manufacture, installation, and sale of power distribution panels, Construction Business Group, and Others.

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