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Arima Communications (TPE:8101) ROCE % : -56.04% (As of Mar. 2024)


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What is Arima Communications 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. Arima Communications's annualized ROCE % for the quarter that ended in Mar. 2024 was -56.04%.


Arima Communications ROCE % Historical Data

The historical data trend for Arima Communications'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.

Arima Communications ROCE % Chart

Arima Communications 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 -1.29 -62.19 8.41 -29.72 -52.45

Arima Communications Quarterly Data
Jun19 Sep19 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 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 -68.17 -69.89 -100.54 -38.63 -56.04

Arima Communications ROCE % Calculation

Arima Communications'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 )
=-191.476/( ( (781.059 - 377.973) + (608.538 - 281.483) )/ 2 )
=-191.476/( (403.086+327.055)/ 2 )
=-191.476/365.0705
=-52.45 %

Arima Communications'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 )
=-184.164/( ( (608.538 - 281.483) + (620.852 - 290.627) )/ 2 )
=-184.164/( ( 327.055 + 330.225 )/ 2 )
=-184.164/328.64
=-56.04 %

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


Arima Communications  (TPE:8101) 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.


Arima Communications ROCE % Related Terms

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Arima Communications (TPE:8101) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Lane 258, Ruiguang Road, 7th Floor, Neihu District, Taipei, TWN, 11490
Arima Communications Corp specializes in mobile communications products and Internet of Things (IoT) products. The company's segments include the mobile phone business group, mainly engaged in the manufacturing and sales of various mobile phone products. The other operating segment is mainly engaged in the manufacturing and sales of solar energy products and equipment. Its Mobile phone business group generates most of its revenue.

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