Yulon Nissan Motor Co (TPE:2227) ROCE % : 14.23% (As of Mar. 2024)

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What is Yulon Nissan Motor 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. Yulon Nissan Motor Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 14.23%.

Yulon Nissan Motor Co ROCE % Historical Data

The historical data trend for Yulon Nissan Motor 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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Yulon Nissan Motor Co ROCE % Chart

Yulon Nissan Motor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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38.29

32.61

16.03

13.63

6.94

Yulon Nissan Motor Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															8.58	2.95	10.13	6.45	14.23

Yulon Nissan Motor Co ROCE % Calculation

Yulon Nissan Motor 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 )
	=	1478.693	/	( ( (24510.866 - 2291.46)	+	(22605.589 - 2216.698) )	/ 2 )
	=	1478.693	/	( (22219.406	+	20388.891)	/ 2 )
	=	1478.693	/	21304.1485
	=	6.94 %

Yulon Nissan Motor Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	2994.1	/	( ( (22605.589 - 2216.698)	+	(24192.1 - 2499.052) )	/ 2 )
	=	2994.1	/	( ( 20388.891	+	21693.048 )	/ 2 )
	=	2994.1	/	21040.9695
	=	14.23 %

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

Yulon Nissan Motor Co (TPE:2227) 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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Yulon Nissan Motor Co (TPE:2227) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Yulon Nissan Motor Co Ltd (TPE:2227) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

39-2 Po Kung Keng, Shi Hu Tsuen, San Yi Shiang, Miao Li Hsien, TWN

Website

https://www.nissan.com.tw

Yulon Nissan Motor Co Ltd is an automobile company domiciled in Taiwan. The company principally designs, researches, develops and distributes passenger vehicles, including sedans and recreational vehicles, or RVs; commercial vehicles, such as diesel trucks and diesel chassis; and related components. The company produces vehicles under the Nissan and Infiniti brands, and finished vehicles contribute to the vast majority of consolidated revenue. The company earns majority of its revenue from sales made in Taiwan and mainland China.

Yulon Nissan Motor Co (TPE:2227) Headlines

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