Chang Wah Electronmaterials (TPE:8070) ROCE % : 10.66% (As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Chang Wah Electronmaterials 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. Chang Wah Electronmaterials's annualized ROCE % for the quarter that ended in Sep. 2024 was 10.66%.

Chang Wah Electronmaterials ROCE % Historical Data

The historical data trend for Chang Wah Electronmaterials'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.

Chang Wah Electronmaterials ROCE % Chart

Chang Wah Electronmaterials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

15.89

11.63

16.28

20.15

11.48

Chang Wah Electronmaterials 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															14.81	5.39	10.61	12.25	10.66

Chang Wah Electronmaterials ROCE % Calculation

Chang Wah Electronmaterials'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 )
	=	2879.478	/	( ( (33121.266 - 9299.58)	+	(36266.176 - 9936.473) )	/ 2 )
	=	2879.478	/	( (23821.686	+	26329.703)	/ 2 )
	=	2879.478	/	25075.6945
	=	11.48 %

Chang Wah Electronmaterials'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 )
	=	3240.992	/	( ( (38801.918 - 9147.86)	+	(38711.837 - 7548.034) )	/ 2 )
	=	3240.992	/	( ( 29654.058	+	31163.803 )	/ 2 )
	=	3240.992	/	30408.9305
	=	10.66 %

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

Chang Wah Electronmaterials (TPE:8070) 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.

Chang Wah Electronmaterials ROCE % Related Terms

Thank you for viewing the detailed overview of Chang Wah Electronmaterials's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Chang Wah Electronmaterials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chang Wah Electronmaterials Inc (TPE:8070) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, East 7th Street, 6th Floor, Nanzi District, Kaohsiung, TWN, 811

Website

https://www.cwei.com.tw

Chang Wah Electronmaterials Inc trades electrical, telecommunication, and semiconductor materials and parts, and engages in import and export trading, leasing, manufacturing and selling of electrical appliances, telecommunication equipment, and mechanical parts, retailing of synthetic resin, electronic materials and components. The company operates in two geographical areas - Taiwan and Asia.

Chang Wah Electronmaterials Headlines

No Headlines