Yuan Jen Enterprises Co (TPE:1725) ROCE % : 2.45% (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Yuan Jen Enterprises 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. Yuan Jen Enterprises Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.45%.

Yuan Jen Enterprises Co ROCE % Historical Data

The historical data trend for Yuan Jen Enterprises 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.

Yuan Jen Enterprises Co ROCE % Chart

Yuan Jen Enterprises Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.99

8.02

9.67

7.09

5.98

Yuan Jen Enterprises 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															2.17	3.56	5.39	13.11	2.45

Yuan Jen Enterprises Co ROCE % Calculation

Yuan Jen Enterprises 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 )
	=	266.512	/	( ( (7061.641 - 2804.889)	+	(7328.728 - 2671.168) )	/ 2 )
	=	266.512	/	( (4256.752	+	4657.56)	/ 2 )
	=	266.512	/	4457.156
	=	5.98 %

Yuan Jen Enterprises 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 )
	=	111.252	/	( ( (7333.893 - 2921.197)	+	(7328.728 - 2671.168) )	/ 2 )
	=	111.252	/	( ( 4412.696	+	4657.56 )	/ 2 )
	=	111.252	/	4535.128
	=	2.45 %

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

Yuan Jen Enterprises Co (TPE:1725) 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.

Yuan Jen Enterprises Co ROCE % Related Terms

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

Yuan Jen Enterprises Co (TPE:1725) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Yuan Jen Enterprises Co Ltd (TPE:1725) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Min Sheng East Road, 3rd Floor, No. 54, Sec. 4, Taipei, TWN

Website

http://www.yuanjen.com

Yuan Jen Enterprises Co Ltd is engaged in the manufacture, process and trade of chemicals, gasoline and diesel wholesale and building rental business.

Yuan Jen Enterprises Co (TPE:1725) Headlines

No Headlines