GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eson Precision Ind Co Ltd (TPE:5243) » Definitions » ROCE %

Eson Precision Ind Co (TPE:5243) ROCE % : 12.45% (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Eson Precision Ind 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. Eson Precision Ind Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 12.45%.


Eson Precision Ind Co ROCE % Historical Data

The historical data trend for Eson Precision Ind 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.

* Premium members only.

Eson Precision Ind Co ROCE % Chart

Eson Precision Ind Co 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 11.46 10.29 10.18 16.06 12.62

Eson Precision Ind Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 11.87 8.30 7.79 9.86 12.45

Eson Precision Ind Co ROCE % Calculation

Eson Precision Ind Co'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 )
=994.435/( ( (11987.175 - 4342.68) + (11931.143 - 3818.265) )/ 2 )
=994.435/( (7644.495+8112.878)/ 2 )
=994.435/7878.6865
=12.62 %

Eson Precision Ind Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=986.064/( ( (13019.541 - 5001.246) + (12453.528 - 4633.538) )/ 2 )
=986.064/( ( 8018.295 + 7819.99 )/ 2 )
=986.064/7919.1425
=12.45 %

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


Eson Precision Ind Co  (TPE:5243) 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.


Eson Precision Ind Co ROCE % Related Terms

Thank you for viewing the detailed overview of Eson Precision Ind Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Eson Precision Ind Co Business Description

Traded in Other Exchanges
N/A
Address
No.2, Section. 4, Zhongyang Road, 12th Floor-3, Tucheng District, New Taipei, TWN, 236
Eson Precision Ind Co Ltd mainly designs, develops, manufactures, and sells molds, plastics, hardware products, and new types of electronic components and flat-panel displays. The company operates in four segments which are Automobile mechanical parts, TV mechanical parts, Network communication mechanical parts, Molds, and others. The group operates in two principal geographical areas China, the Americas and Asia, and Other.

Eson Precision Ind Co Headlines

No Headlines