G-Shank Enterprise Co (TPE:2476) ROCE % : 16.72% (As of Dec. 2024)

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What is G-Shank Enterprise 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. G-Shank Enterprise Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 16.72%.

G-Shank Enterprise Co ROCE % Historical Data

The historical data trend for G-Shank Enterprise 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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G-Shank Enterprise Co ROCE % Chart

G-Shank Enterprise Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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9.13

16.61

19.28

14.57

18.97

G-Shank Enterprise 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															13.28	16.60	17.93	18.57	16.72

G-Shank Enterprise Co ROCE % Calculation

G-Shank Enterprise 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 )
	=	1692.5	/	( ( (9821.447 - 2297.258)	+	(12340.94 - 2024.574) )	/ 2 )
	=	1692.5	/	( (7524.189	+	10316.366)	/ 2 )
	=	1692.5	/	8920.2775
	=	18.97 %

G-Shank Enterprise 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 )
	=	1710.8	/	( ( (12123.864 - 1980.374)	+	(12340.94 - 2024.574) )	/ 2 )
	=	1710.8	/	( ( 10143.49	+	10316.366 )	/ 2 )
	=	1710.8	/	10229.928
	=	16.72 %

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

G-Shank Enterprise Co (TPE:2476) 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.

G-Shank Enterprise Co ROCE % Related Terms

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G-Shank Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » G-Shank Enterprise Co Ltd (TPE:2476) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No. 1, Jiuzhou Road, Jiudou Li, Hsinwu District, Taoyuan, TWN

Website

https://www.gshank.info

G-Shank Enterprise Co Ltd is a Taiwan-based company, that engages in the production of molds, stamping parts, fixtures and tools, automatic machines and electrical appliances, and mechanical components. Its products include Stepping motors, Spindle motors, Molds, Punching items, Metal stamping tools, and Connectors. Its products are used in Automotive parts, Electronics components, Medical parts, Industrial parts, and others. Geographically the company caters its services to Taiwan, China, Indonesia, Mexico, Malaysia, Thailand, and Japan.

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