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Shan-Loong Transportation Co (TPE:2616) ROCE % : -13.73% (As of Sep. 2024)


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What is Shan-Loong Transportation 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. Shan-Loong Transportation Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -13.73%.


Shan-Loong Transportation Co ROCE % Historical Data

The historical data trend for Shan-Loong Transportation 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.

* Premium members only.

Shan-Loong Transportation Co ROCE % Chart

Shan-Loong Transportation Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.27 7.01 7.50 5.35 1.85

Shan-Loong Transportation Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.96 0.72 1.15 1.65 -13.73

Shan-Loong Transportation Co ROCE % Calculation

Shan-Loong Transportation 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 )
=140.157/( ( (9781.308 - 2333.463) + (10953.196 - 3249.105) )/ 2 )
=140.157/( (7447.845+7704.091)/ 2 )
=140.157/7575.968
=1.85 %

Shan-Loong Transportation Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-987.108/( ( (9735.821 - 2375.182) + (9362.536 - 2346.549) )/ 2 )
=-987.108/( ( 7360.639 + 7015.987 )/ 2 )
=-987.108/7188.313
=-13.73 %

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

* 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.


Shan-Loong Transportation Co  (TPE:2616) 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.


Shan-Loong Transportation Co ROCE % Related Terms

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Shan-Loong Transportation Co Business Description

Traded in Other Exchanges
N/A
Address
1 Minsheng Road, 1st Floor No.1-2, Section 1, Banqiao District, New Taipei City, TWN, 22069
Shan-Loong Transportation Co Ltd provides transportation services. Its business activities include import and export container services, bulk transportation for base paper, wood pulp, and building materials, warehousing operations & oil and gas services. Its segments include the Freight segment, the Gas station segment, and others. It generates the majority of its revenue from the Gas station segment. Geographically, the company derives its key revenue from Taiwan and the rest from Vietnam.

Shan-Loong Transportation Co Headlines

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