Ton Yi Industrial (TPE:9907) ROCE % : 11.07% (As of Sep. 2024)

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What is Ton Yi Industrial 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. Ton Yi Industrial's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.07%.

Ton Yi Industrial ROCE % Historical Data

The historical data trend for Ton Yi Industrial'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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Ton Yi Industrial ROCE % Chart

Ton Yi Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.40

4.81

8.59

10.52

4.45

Ton Yi Industrial 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															3.44	-0.15	4.32	12.58	11.07

Ton Yi Industrial ROCE % Calculation

Ton Yi Industrial'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 )
	=	1209.626	/	( ( (34905.963 - 6754.948)	+	(32572.84 - 6300.934) )	/ 2 )
	=	1209.626	/	( (28151.015	+	26271.906)	/ 2 )
	=	1209.626	/	27211.4605
	=	4.45 %

Ton Yi Industrial'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 )
	=	3019.152	/	( ( (36085.413 - 8966.112)	+	(35900.331 - 8462.779) )	/ 2 )
	=	3019.152	/	( ( 27119.301	+	27437.552 )	/ 2 )
	=	3019.152	/	27278.4265
	=	11.07 %

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

Ton Yi Industrial (TPE:9907) 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.

Ton Yi Industrial ROCE % Related Terms

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Ton Yi Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ton Yi Industrial Corp (TPE:9907) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.837, Zhongzheng North Road, YongKang District, Tainan City, TWN, 710002

Website

https://www.tonyi.com.tw

Ton Yi Industrial Corp manufactures and sells a variety of packaging products. The company's primary product categories include cold rolled carbon steel, tin plates, tin cans, and polyethylene terephthalate (PET). Cold rolled carbon steel is sold to manufacturers of buckets, electric parts, steel tubes, and car parts. Tin plates are sold to manufacturers of nozzles, spouts, crown caps, and can liners. Tin cans are typically sold to the food industry, while PET is used to make plastic bottles, caps, and labels for the beverage industry. The Company has a large volume of transactions from sales of numerous kinds of products to a wide range of customers in many different locations such as Taiwan, Asia, Europe, America, etc.

Ton Yi Industrial Headlines

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