Cenra (TPE:3716) ROCE % : 3.47% (As of Dec. 2024)

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What is Cenra 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. Cenra's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.47%.

Cenra ROCE % Historical Data

The historical data trend for Cenra'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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Cenra ROCE % Chart

Cenra Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

ROCE %

6.96

6.47

4.75

4.78

Cenra Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial			-	6.57	4.85	5.27	3.47

Cenra ROCE % Calculation

Cenra'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 )
	=	450.127	/	( ( (12864.83 - 3392.903)	+	(12769.655 - 3415.64) )	/ 2 )
	=	450.127	/	( (9471.927	+	9354.015)	/ 2 )
	=	450.127	/	9412.971
	=	4.78 %

Cenra'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 )
	=	309.112	/	( ( (12525.171 - 4057.621)	+	(12769.655 - 3415.64) )	/ 2 )
	=	309.112	/	( ( 8467.55	+	9354.015 )	/ 2 )
	=	309.112	/	8910.7825
	=	3.47 %

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

Cenra (TPE:3716) 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.

Cenra ROCE % Related Terms

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Cenra Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Cenra Inc (TPE:3716) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hsiang Yang Road, 2nd Floor, No. 23, Taipei, TWN

Website

Cenra Inc engages in the sale of pharmaceuticals, agricultural and animal medicines, personal health care products, and medical equipment.

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