Amulaire Thermal Technology (TPE:2241) ROCE % : -5.72% (As of Mar. 2024)

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What is Amulaire Thermal Technology 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. Amulaire Thermal Technology's annualized ROCE % for the quarter that ended in Mar. 2024 was -5.72%.

Amulaire Thermal Technology ROCE % Historical Data

The historical data trend for Amulaire Thermal Technology'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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Amulaire Thermal Technology ROCE % Chart

Amulaire Thermal Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.36

0.92

-4.60

-8.44

-9.46

Amulaire Thermal Technology 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															-10.86	-9.11	-5.22	-13.47	-5.72

Amulaire Thermal Technology ROCE % Calculation

Amulaire Thermal Technology'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 )
	=	-229.141	/	( ( (2984.628 - 499.428)	+	(2718.705 - 360.2) )	/ 2 )
	=	-229.141	/	( (2485.2	+	2358.505)	/ 2 )
	=	-229.141	/	2421.8525
	=	-9.46 %

Amulaire Thermal Technology'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 )
	=	-137.604	/	( ( (2718.705 - 360.2)	+	(2671.12 - 222.239) )	/ 2 )
	=	-137.604	/	( ( 2358.505	+	2448.881 )	/ 2 )
	=	-137.604	/	2403.693
	=	-5.72 %

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

Amulaire Thermal Technology (TPE:2241) 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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Amulaire Thermal Technology (TPE:2241) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Amulaire Thermal Technology Inc (TPE:2241) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Wenhua 3rd Road, 10th Floor, No. 455, Sec. 2, Linkou District, New Taipei City, Taipei, TWN

Website

https://www.amulaire.com

Amulaire Thermal Technology Inc is a Taiwan-based company involved in the research and development of cooling for green electronic devices. The products of the company include Customization, MIM Technology, Forging Technology, Brazing Technology, Simulation Analysis Technology, and Friction Stir Welding.

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