Chung Hwa Chemical Industrial Works (TPE:1727) ROCE % : 1.86% (As of Dec. 2024)

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What is Chung Hwa Chemical Industrial Works 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. Chung Hwa Chemical Industrial Works's annualized ROCE % for the quarter that ended in Dec. 2024 was 1.86%.

Chung Hwa Chemical Industrial Works ROCE % Historical Data

The historical data trend for Chung Hwa Chemical Industrial Works'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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Chung Hwa Chemical Industrial Works ROCE % Chart

Chung Hwa Chemical Industrial Works Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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1.53

9.63

3.70

0.78

3.59

Chung Hwa Chemical Industrial Works 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															-1.96	-0.57	6.42	6.34	1.86

Chung Hwa Chemical Industrial Works ROCE % Calculation

Chung Hwa Chemical Industrial Works'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 )
	=	77.244	/	( ( (2847.08 - 814.385)	+	(3035.379 - 767.013) )	/ 2 )
	=	77.244	/	( (2032.695	+	2268.366)	/ 2 )
	=	77.244	/	2150.5305
	=	3.59 %

Chung Hwa Chemical Industrial Works'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 )
	=	41.944	/	( ( (2928.844 - 683.379)	+	(3035.379 - 767.013) )	/ 2 )
	=	41.944	/	( ( 2245.465	+	2268.366 )	/ 2 )
	=	41.944	/	2256.9155
	=	1.86 %

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

Chung Hwa Chemical Industrial Works (TPE:1727) 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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Chung Hwa Chemical Industrial Works Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chung Hwa Chemical Industrial Works Ltd (TPE:1727) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15 Gongye 5th Road, Guanyin District, Taoyuan, TWN, 328

Website

http://www.chciw.com.tw

Chung Hwa Chemical Industrial Works Ltd operates as a chemical manufacturer. The company is engaged in manufacturing and retail of sulfuric acid and other chemical industrial raw materials, and trading of finished products, as well as design of related chemical engineering, industrial investment, chemical raw materials, import and export trade, and agency distribution.

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