Ledtech Electronics (TPE:6164) ROCE % : 10.79% (As of Dec. 2024)

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What is Ledtech Electronics 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. Ledtech Electronics's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.79%.

Ledtech Electronics ROCE % Historical Data

The historical data trend for Ledtech Electronics'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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Ledtech Electronics ROCE % Chart

Ledtech Electronics Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-3.03

1.51

5.49

-2.23

6.90

Ledtech Electronics 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															-4.74	5.99	8.34	2.02	10.79

Ledtech Electronics ROCE % Calculation

Ledtech Electronics'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 )
	=	79.53	/	( ( (1618.418 - 379.88)	+	(1465.576 - 400.532) )	/ 2 )
	=	79.53	/	( (1238.538	+	1065.044)	/ 2 )
	=	79.53	/	1151.791
	=	6.90 %

Ledtech Electronics'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 )
	=	114.48	/	( ( (1587.597 - 530.833)	+	(1465.576 - 400.532) )	/ 2 )
	=	114.48	/	( ( 1056.764	+	1065.044 )	/ 2 )
	=	114.48	/	1060.904
	=	10.79 %

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

Ledtech Electronics (TPE:6164) 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.

Ledtech Electronics ROCE % Related Terms

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Ledtech Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ledtech Electronics Corp (TPE:6164) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Zhongzheng Road, 5th Floor, No 542-5, Xindian District, New Taipei City, TWN, 231

Website

https://www.ledtech.com.tw

Ledtech Electronics Corp is a Taiwan-based company engaged in the manufacturing, processing, R&D, and sale of light-emitting diode (LED) equipment.

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