Far Glory Hotel Co (TPE:2712) ROCE % : -6.63% (As of Dec. 2024)

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What is Far Glory Hotel 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. Far Glory Hotel Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -6.63%.

Far Glory Hotel Co ROCE % Historical Data

The historical data trend for Far Glory Hotel 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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Far Glory Hotel Co ROCE % Chart

Far Glory Hotel Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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9.29

-1.58

1.93

4.29

-9.49

Far Glory Hotel 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															-0.39	-2.43	-19.61	-9.25	-6.63

Far Glory Hotel Co ROCE % Calculation

Far Glory Hotel 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 )
	=	-141.648	/	( ( (1796.935 - 254.623)	+	(1808.882 - 365.452) )	/ 2 )
	=	-141.648	/	( (1542.312	+	1443.43)	/ 2 )
	=	-141.648	/	1492.871
	=	-9.49 %

Far Glory Hotel 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 )
	=	-95.82	/	( ( (1817.561 - 372.417)	+	(1808.882 - 365.452) )	/ 2 )
	=	-95.82	/	( ( 1445.144	+	1443.43 )	/ 2 )
	=	-95.82	/	1444.287
	=	-6.63 %

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

Far Glory Hotel Co (TPE:2712) 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.

Far Glory Hotel Co ROCE % Related Terms

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Far Glory Hotel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Far Glory Hotel Co Ltd (TPE:2712) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No.18, Shanling, Shoufeng Township, Yanliao Village, Hualien County, Hualien, TWN, 97449

Website

https://www.farglory-hotel.com.tw

Far Glory Hotel Co Ltd is an operator of hotels and restaurants. The company provides hotel services which include Airport and train station transfers, fax/photocopying, Lost Property Association, Journey arrangements among others. Its segments are; Hotel rooms, Catering, and others. The company's revenue mainly comes from hotel rooms booked through travel agencies.

Far Glory Hotel Co Headlines

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