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Hota Industrial Mfg Co (TPE:1536) ROCE % : 4.85% (As of Dec. 2024)


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What is Hota Industrial Mfg 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. Hota Industrial Mfg Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.85%.


Hota Industrial Mfg Co ROCE % Historical Data

The historical data trend for Hota Industrial Mfg 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.

Hota Industrial Mfg Co ROCE % Chart

Hota Industrial Mfg 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 3.57 3.76 5.86 3.41 2.60

Hota Industrial Mfg 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 -1.55 4.09 2.61 -1.11 4.85

Hota Industrial Mfg Co ROCE % Calculation

Hota Industrial Mfg 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 )
=417.955/( ( (22327.271 - 6251.528) + (22442.497 - 6419.879) )/ 2 )
=417.955/( (16075.743+16022.618)/ 2 )
=417.955/16049.1805
=2.60 %

Hota Industrial Mfg 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 )
=780.46/( ( (22282.434 - 6129.328) + (22442.497 - 6419.879) )/ 2 )
=780.46/( ( 16153.106 + 16022.618 )/ 2 )
=780.46/16087.862
=4.85 %

(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.


Hota Industrial Mfg Co  (TPE:1536) 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.


Hota Industrial Mfg Co ROCE % Related Terms

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Hota Industrial Mfg Co Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Keya Road, Daya District, Taichung, TWN, 42881
Hota Industrial Mfg Co Ltd is a Taiwan based company. The company has three divisions which includes transmission, machinery, and medical. The machinery division is mainly involved in gear machinery manufacturing. The gear machine product range includes gear shaving machine, gear deburring machine, gear hobbing machine. The transmission division portfolio includes planetary gear set, transfer case components, transmission shaft, hydraulic pump gears, input and output shafts, motorcycles rear shafts, and transmissions gear set, among others. The medical division offers electric wheelchairs and electric scooters. It generates operating revenue from the manufacturing and trading of related products for vehicle transmission parts.

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