GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Foxsemicon Integrated Technology Inc (TPE:3413) » Definitions » ROCE %

Foxsemicon Integrated Technology (TPE:3413) ROCE % : 19.32% (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Foxsemicon Integrated 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. Foxsemicon Integrated Technology's annualized ROCE % for the quarter that ended in Mar. 2024 was 19.32%.


Foxsemicon Integrated Technology ROCE % Historical Data

The historical data trend for Foxsemicon Integrated 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.

* Premium members only.

Foxsemicon Integrated Technology ROCE % Chart

Foxsemicon Integrated Technology 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 15.44 23.56 21.78 25.27 17.72

Foxsemicon Integrated 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 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 17.39 23.11 18.50 18.14 19.32

Foxsemicon Integrated Technology ROCE % Calculation

Foxsemicon Integrated 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 )
=2553.964/( ( (19690.192 - 6700.378) + (19369.723 - 3536.309) )/ 2 )
=2553.964/( (12989.814+15833.414)/ 2 )
=2553.964/14411.614
=17.72 %

Foxsemicon Integrated 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 )
=3013.712/( ( (19369.723 - 3536.309) + (20160.968 - 4798.35) )/ 2 )
=3013.712/( ( 15833.414 + 15362.618 )/ 2 )
=3013.712/15598.016
=19.32 %

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


Foxsemicon Integrated Technology  (TPE:3413) 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.


Foxsemicon Integrated Technology ROCE % Related Terms

Thank you for viewing the detailed overview of Foxsemicon Integrated Technology's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Foxsemicon Integrated Technology (TPE:3413) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Kezhong Road, Jhunan Science Park, Hsinchu Science Park Bureau, National Science Technology Council, Zhunan Township, Miaoli, TWN, 350401
Foxsemicon Integrated Technology Inc is engaged in research, development, design, manufacturing, and sales of subsystems and system integration of semiconductor equipment, subsystems and system integration of TFT-LCD, nano equipment, LED lighting, LED display product and other application product, photoelectric, communication wafer materials, and medical devices. The company's products are mainly used for the research, development, design, and manufacturing of equipment in the semiconductor industry, panel industry, optoelectronics, and energy industries, among others.

Foxsemicon Integrated Technology (TPE:3413) Headlines

No Headlines