Yeong Guan Energy Technology Group Co (TPE:1589) ROCE % : 14.79% (As of Sep. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Yeong Guan Energy Technology Group 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. Yeong Guan Energy Technology Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 14.79%.

Yeong Guan Energy Technology Group Co ROCE % Historical Data

The historical data trend for Yeong Guan Energy Technology Group 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.

Yeong Guan Energy Technology Group Co ROCE % Chart

Yeong Guan Energy Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.58

6.18

3.01

-1.24

-0.12

Yeong Guan Energy Technology Group 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															-4.25	-3.42	-9.05	-7.29	14.79

Yeong Guan Energy Technology Group Co ROCE % Calculation

Yeong Guan Energy Technology Group 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 )
	=	-19.537	/	( ( (21890.919 - 8118.11)	+	(25076.506 - 7361.008) )	/ 2 )
	=	-19.537	/	( (13772.809	+	17715.498)	/ 2 )
	=	-19.537	/	15744.1535
	=	-0.12 %

Yeong Guan Energy Technology Group 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 )
	=	2572.848	/	( ( (24416.397 - 7105.203)	+	(24864.166 - 7376.953) )	/ 2 )
	=	2572.848	/	( ( 17311.194	+	17487.213 )	/ 2 )
	=	2572.848	/	17399.2035
	=	14.79 %

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

Yeong Guan Energy Technology Group Co (TPE:1589) 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.

Yeong Guan Energy Technology Group Co ROCE % Related Terms

Thank you for viewing the detailed overview of Yeong Guan Energy Technology Group Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Yeong Guan Energy Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yeong Guan Energy Technology Group Co Ltd (TPE:1589) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cricket Square, Hutchins Drive, Po Box 2681, Grand Cayman, CYM, KY1-1111

Website

http://www.ygget.com

Yeong Guan Energy Technology Group Co Ltd manufactures a variety of castings, casings, heavy equipment, and components for industrial and energy markets. It serves the wind and thermal power generation markets by constructing components to withstand volatile environments and support advanced systems. The company's products and molding machines help fit and connect large structures and provide a sturdy base for moving apparatuses. Yeong Guan's product portfolio consists of forging machines, hydraulic presses, cranes, equipment beds, rolling mills, air compressors, and mining machinery. In addition, the company manufactures medical equipment to treat cancer cells and apply radiation. Geographically, the company derives its key revenue from China and the rest from Taiwan.

Yeong Guan Energy Technology Group Co Headlines

No Headlines