Asia Vital Components Co (TPE:3017) ROCE % : 37.91% (As of Dec. 2024)

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What is Asia Vital Components 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. Asia Vital Components Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 37.91%.

Asia Vital Components Co ROCE % Historical Data

The historical data trend for Asia Vital Components 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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Asia Vital Components Co ROCE % Chart

Asia Vital Components Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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18.25

23.34

26.79

27.10

33.46

Asia Vital Components 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															31.27	28.24	34.02	37.41	37.91

Asia Vital Components Co ROCE % Calculation

Asia Vital Components 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 )
	=	12790.771	/	( ( (71667.217 - 36833.326)	+	(99905.561 - 58288.126) )	/ 2 )
	=	12790.771	/	( (34833.891	+	41617.435)	/ 2 )
	=	12790.771	/	38225.663
	=	33.46 %

Asia Vital Components 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 )
	=	15129.752	/	( ( (88099.995 - 49902.47)	+	(99905.561 - 58288.126) )	/ 2 )
	=	15129.752	/	( ( 38197.525	+	41617.435 )	/ 2 )
	=	15129.752	/	39907.48
	=	37.91 %

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

Asia Vital Components Co (TPE:3017) 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.

Asia Vital Components Co ROCE % Related Terms

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Asia Vital Components Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Asia Vital Components Co Ltd (TPE:3017) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No.248-27, Xinsheng Road, Qianzhen District, Kaohsiung, TWN, 806

Website

http://www.avc.co

Asia Vital Components Co Ltd is a components manufacturer company. The principal activities of the Company are to manufacture, process, assemble and to import and export electronic parts, electronic materials, communication electronic machinery products, automobile parts, lighting device, and computer peripherals. The company's product line includes DC fan, EC fan, thin centrifugal fan and fan array, active heat sink, heat pipe/vapor chamber, far-end radiator (heat pipe style and liquid-cooling style), radiator (air-to-air/air-to-liquid/liquid-to-liquid) and compressor radiator, etc.

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