Longchen Paper & Packaging Co (TPE:1909) ROCE % : 0.71% (As of Dec. 2024)

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What is Longchen Paper & Packaging 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. Longchen Paper & Packaging Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.71%.

Longchen Paper & Packaging Co ROCE % Historical Data

The historical data trend for Longchen Paper & Packaging 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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Longchen Paper & Packaging Co ROCE % Chart

Longchen Paper & Packaging Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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5.88

9.00

1.37

1.58

2.58

Longchen Paper & Packaging 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															4.39	3.82	4.49	1.20	0.71

Longchen Paper & Packaging Co ROCE % Calculation

Longchen Paper & Packaging 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 )
	=	1283.116	/	( ( (70126.008 - 18781.841)	+	(68529.679 - 20298.971) )	/ 2 )
	=	1283.116	/	( (51344.167	+	48230.708)	/ 2 )
	=	1283.116	/	49787.4375
	=	2.58 %

Longchen Paper & Packaging 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 )
	=	344.412	/	( ( (72846.713 - 23569.717)	+	(68529.679 - 20298.971) )	/ 2 )
	=	344.412	/	( ( 49276.996	+	48230.708 )	/ 2 )
	=	344.412	/	48753.852
	=	0.71 %

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

Longchen Paper & Packaging Co (TPE:1909) 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.

Longchen Paper & Packaging Co ROCE % Related Terms

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Longchen Paper & Packaging Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Longchen Paper & Packaging Co Ltd (TPE:1909) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1-1, Guangxing Lane, Guangxing Village, Erlin Township, Zhanghua, TWN

Website

https://www.longchenpaper.com

Longchen Paper & Packaging Co Ltd manufactures and sells paper and electronics products. The company's paper products include printing and writing paper, industrial paper, craft and corrugated paperboards, and corrugated paper boxes. The firm's customers include consumer electronics manufacturers and food and beverage manufacturers. The company also generates and sells electricity from waste incineration and operates a wastewater treatment business. The majority of Long Chen Paper's revenue is generated in China and Taiwan.

Longchen Paper & Packaging Co Headlines

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