Advanced Energy Solution Holding Co (TPE:6781) ROCE % : 17.79% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Advanced Energy Solution Holding 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. Advanced Energy Solution Holding Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 17.79%.

Advanced Energy Solution Holding Co ROCE % Historical Data

The historical data trend for Advanced Energy Solution Holding 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.

Advanced Energy Solution Holding Co ROCE % Chart

Advanced Energy Solution Holding Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

29.70

36.68

43.18

34.79

19.40

Advanced Energy Solution Holding Co Quarterly Data
	Dec18	Jun19	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															23.68	17.76	18.26	17.96	17.79

Advanced Energy Solution Holding Co ROCE % Calculation

Advanced Energy Solution Holding 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 )
	=	2573.001	/	( ( (19464.82 - 6303.196)	+	(18510.799 - 5151.203) )	/ 2 )
	=	2573.001	/	( (13161.624	+	13359.596)	/ 2 )
	=	2573.001	/	13260.61
	=	19.40 %

Advanced Energy Solution Holding Co'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 )
	=	2451.476	/	( ( (18510.799 - 5151.203)	+	(21185.394 - 6979.535) )	/ 2 )
	=	2451.476	/	( ( 13359.596	+	14205.859 )	/ 2 )
	=	2451.476	/	13782.7275
	=	17.79 %

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

Advanced Energy Solution Holding Co (TPE:6781) 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.

Advanced Energy Solution Holding Co ROCE % Related Terms

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

Advanced Energy Solution Holding Co (TPE:6781) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advanced Energy Solution Holding Co Ltd (TPE:6781) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bade Road, 4th Floor, No. 656, Section 2, Hukou Township, Hsinchu, TWN, 303104

Website

https://www.advancedenergysolution.com.tw

Advanced Energy Solution Holding Co Ltd is engaged in the production and sales of lithium battery modules and provides relevant after-sales services.

Advanced Energy Solution Holding Co (TPE:6781) Headlines

No Headlines