Innolux (TPE:3481) ROCE % : 15.58% (As of Dec. 2024)

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What is Innolux 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. Innolux's annualized ROCE % for the quarter that ended in Dec. 2024 was 15.58%.

Innolux ROCE % Historical Data

The historical data trend for Innolux'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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Innolux ROCE % Chart

Innolux Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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1.35

20.40

-7.88

-5.23

3.53

Innolux 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															-3.72	-5.09	2.62	1.56	15.58

Innolux ROCE % Calculation

Innolux'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 )
	=	9367.926	/	( ( (357530.442 - 87558.75)	+	(358088.006 - 97282.921) )	/ 2 )
	=	9367.926	/	( (269971.692	+	260805.085)	/ 2 )
	=	9367.926	/	265388.3885
	=	3.53 %

Innolux'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 )
	=	39996.312	/	( ( (347015.958 - 94327.57)	+	(358088.006 - 97282.921) )	/ 2 )
	=	39996.312	/	( ( 252688.388	+	260805.085 )	/ 2 )
	=	39996.312	/	256746.7365
	=	15.58 %

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

Innolux (TPE:3481) 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.

Innolux ROCE % Related Terms

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Innolux Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Innolux Corp (TPE:3481) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No. 160, Kexue Road, Hsinchu Science Park, Zhunan Township, Miaoli, TWN, 35053

Website

https://www.innolux.com

Innolux Corp is a Taiwan-based company that engages in the research, development, design, manufacture, and sales of TFT-LCD panels, modules, and monitors of LCD, color filters, and low-temperature poly-silicon TFT-LCD. It generates revenue in Taiwan and markets in Asia, the Americas, and Europe. Its products are LCD TV Applications, PID Applications, Monitor Applications, Notebook Applications, Industrial Display Applications, Smart Medical Applications, Automotive Display Applications, Tablet Display Applications, Display Technologies, Non-Display Technologies, and others. It derives revenue from the transfer of goods at a point in time.

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