Taiyen Biotech Co (TPE:1737) ROCE % : 5.55% (As of Dec. 2024)

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What is Taiyen Biotech 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. Taiyen Biotech Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.55%.

Taiyen Biotech Co ROCE % Historical Data

The historical data trend for Taiyen Biotech 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.

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Taiyen Biotech Co ROCE % Chart

Taiyen Biotech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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6.70

7.23

7.41

4.58

6.09

Taiyen Biotech 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															-0.45	6.68	6.30	5.81	5.55

Taiyen Biotech Co ROCE % Calculation

Taiyen Biotech 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 )
	=	439.37	/	( ( (8319.743 - 1101.026)	+	(8381.173 - 1165.15) )	/ 2 )
	=	439.37	/	( (7218.717	+	7216.023)	/ 2 )
	=	439.37	/	7217.37
	=	6.09 %

Taiyen Biotech 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 )
	=	399.872	/	( ( (8230.071 - 1025.196)	+	(8381.173 - 1165.15) )	/ 2 )
	=	399.872	/	( ( 7204.875	+	7216.023 )	/ 2 )
	=	399.872	/	7210.449
	=	5.55 %

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

Taiyen Biotech Co (TPE:1737) 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.

Taiyen Biotech Co ROCE % Related Terms

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Taiyen Biotech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Taiyen Biotech Co Ltd (TPE:1737) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 297, Section 1, Chien-Kang Road, South District, Tainan, TWN

Website

https://www.tybio.com

Taiyen Biotech Co Ltd operates in personal care and home care products. Its product portfolio comprises beauty care products, health food, skin products, salt products and spices, bottled water, and medical supplies, among others. The group has four reportable segments; Salt products and packaged water department, Biotech cleaning and maintenance department, Construction and services department, and Other departments.. The Salt and Packaged Product Segment accounts for the bulk of revenue. Geographically it operates through the region of Taiwan; however, it also holds a presence in the international market.

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