Grape King Bio (TPE:1707) ROCE % : 27.66% (As of Dec. 2024)

View and export this data going back to 1982. Start your Free Trial

What is Grape King Bio 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. Grape King Bio's annualized ROCE % for the quarter that ended in Dec. 2024 was 27.66%.

Grape King Bio ROCE % Historical Data

The historical data trend for Grape King Bio'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.

Grape King Bio ROCE % Chart

Grape King Bio Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

26.36

23.75

24.34

22.95

22.43

Grape King Bio 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															29.93	16.11	20.25	27.23	27.66

Grape King Bio ROCE % Calculation

Grape King Bio'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 )
	=	2676.341	/	( ( (15511.841 - 3647.384)	+	(15323.638 - 3323.043) )	/ 2 )
	=	2676.341	/	( (11864.457	+	12000.595)	/ 2 )
	=	2676.341	/	11932.526
	=	22.43 %

Grape King Bio'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 )
	=	3284.076	/	( ( (14405.899 - 2657.206)	+	(15323.638 - 3323.043) )	/ 2 )
	=	3284.076	/	( ( 11748.693	+	12000.595 )	/ 2 )
	=	3284.076	/	11874.644
	=	27.66 %

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

Grape King Bio (TPE:1707) 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.

Grape King Bio ROCE % Related Terms

Thank you for viewing the detailed overview of Grape King Bio's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Grape King Bio Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Grape King Bio Ltd (TPE:1707) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 402, Jinling Road, Section 2, Pingzhen District, Taoyuan, TWN, 324

Website

https://www.grapeking.com.tw

Grape King Bio Ltd is a specialty and generic drug manufacturing company engaged in the production and sales of pharmaceutical preparation, patent medicine, liquid tonic, drink, and healthy food. The company has three segments: MLM (Multi-Level Marketing) is a direct seller of Pro-partner Inc, including the Company's development and manufacturing products for Pro-partner Inc, Distributors segment includes the company's self-owned brand products, and ODM/OEM (Original Design Manufacturer/Original Equipment Manufacturer) includes ODM/OEM in Taiwan and Shanghai. The group operates in three principal geographical areas - Taiwan, China, and Others and it derives a majority of its revenue from Taiwan.

Grape King Bio Headlines

No Headlines