King Slide Works Co (TPE:2059) ROCE % : 48.67% (As of Dec. 2024)

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What is King Slide Works 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. King Slide Works Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 48.67%.

King Slide Works Co ROCE % Historical Data

The historical data trend for King Slide Works 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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King Slide Works Co ROCE % Chart

King Slide Works Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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13.23

20.20

32.78

19.38

37.50

King Slide Works 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															14.09	36.33	38.55	28.27	48.67

King Slide Works Co ROCE % Calculation

King Slide Works 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 )
	=	7824.337	/	( ( (20580.928 - 2174.31)	+	(26472.447 - 3149.137) )	/ 2 )
	=	7824.337	/	( (18406.618	+	23323.31)	/ 2 )
	=	7824.337	/	20864.964
	=	37.50 %

King Slide Works 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 )
	=	10801.88	/	( ( (23377.529 - 2310.562)	+	(26472.447 - 3149.137) )	/ 2 )
	=	10801.88	/	( ( 21066.967	+	23323.31 )	/ 2 )
	=	10801.88	/	22195.1385
	=	48.67 %

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

King Slide Works Co (TPE:2059) 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.

King Slide Works Co ROCE % Related Terms

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King Slide Works Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » King Slide Works Co Ltd (TPE:2059) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 299, Shun An Road, Lu Zhu District, Kaohsiung, TWN, 82150

Website

https://www.kingslide.com

King Slide Works Co Ltd is a Taiwan-based company that mainly designs, manufactures, and sells the following products; Rail kits for cloud computing servers and data devices, and Furniture, wooden kitchen accessories, slides, and molds. Its reportable segments are; King Slide Works Co., Ltd which mainly manufactures, processes, and sells rail kits for computer and network communication equipment, furniture accessories, slides, and molds; King Slide Technology Co., Ltd segment which is mainly engaged in R&D, designs and sells the rail kits for servers and network communication equipment; and the others segment. Geographically, the company generates maximum revenue from the United States of America and the rest from Taiwan, China, and other regions.

King Slide Works Co Headlines

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