Associated Industries China (TPE:9912) ROCE % : -16.27% (As of Dec. 2024)

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What is Associated Industries China 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. Associated Industries China's annualized ROCE % for the quarter that ended in Dec. 2024 was -16.27%.

Associated Industries China ROCE % Historical Data

The historical data trend for Associated Industries China'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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Associated Industries China ROCE % Chart

Associated Industries China Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-7.77

6.77

-5.62

-8.54

-12.09

Associated Industries China 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															-14.43	-15.99	-6.64	-8.10	-16.27

Associated Industries China ROCE % Calculation

Associated Industries China'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 )
	=	-57.842	/	( ( (794.605 - 308.373)	+	(835.061 - 364.306) )	/ 2 )
	=	-57.842	/	( (486.232	+	470.755)	/ 2 )
	=	-57.842	/	478.4935
	=	-12.09 %

Associated Industries China'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 )
	=	-78.916	/	( ( (881.229 - 382.061)	+	(835.061 - 364.306) )	/ 2 )
	=	-78.916	/	( ( 499.168	+	470.755 )	/ 2 )
	=	-78.916	/	484.9615
	=	-16.27 %

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

Associated Industries China (TPE:9912) 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.

Associated Industries China ROCE % Related Terms

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Associated Industries China Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Associated Industries China Inc (TPE:9912) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3-1, Park Street, 5th Floor-1, Nangang District, Taipei, TWN, 11503

Website

https://www.agneovo.com/en_us

Associated Industries China Inc is engaged in the research, development, and sale of LCD monitors, Medical equipment and Healthcare products, Other accessories, and the Real estate rental business. The company earns maximum revenue from LCD monitors and geographically, the company earns maximum revenue from the Netherlands followed by the United States, Taiwan, and others.

Associated Industries China Headlines

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