Chukyo Iyakuhin Co (TSE:4558) ROCE % : 30.88% (As of Dec. 2023)

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What is Chukyo Iyakuhin 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. Chukyo Iyakuhin Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 30.88%.

Chukyo Iyakuhin Co ROCE % Historical Data

The historical data trend for Chukyo Iyakuhin 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.

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Chukyo Iyakuhin Co ROCE % Chart

Chukyo Iyakuhin Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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3.27

3.33

7.37

3.07

2.52

Chukyo Iyakuhin Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															22.19	-15.98	11.96	-19.23	30.88

Chukyo Iyakuhin Co ROCE % Calculation

Chukyo Iyakuhin Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	81.725	/	( ( (5339.285 - 2019)	+	(5242.712 - 2073.186) )	/ 2 )
	=	81.725	/	( (3320.285	+	3169.526)	/ 2 )
	=	81.725	/	3244.9055
	=	2.52 %

Chukyo Iyakuhin Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	939.596	/	( ( (5342.367 - 2346.181)	+	(5399.874 - 2310.418) )	/ 2 )
	=	939.596	/	( ( 2996.186	+	3089.456 )	/ 2 )
	=	939.596	/	3042.821
	=	30.88 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Chukyo Iyakuhin Co (TSE:4558) 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.

Chukyo Iyakuhin Co ROCE % Related Terms

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Chukyo Iyakuhin Co (TSE:4558) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chukyo Iyakuhin Co Ltd (TSE:4558) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-15-1 Kamezaki Kitaura-cho, Handa-shi, Aichi, Kamezakikitaura, JPN, 475-8541

Website

http://www.chukyoiyakuhin.co.jp

Chukyo Iyakuhin Co Ltd is engaged in the businesses of Healthcare, Aquamagic, Lifecare, Insurance and Shopping website. In the Healthcare business, the company provides health-related products and lifestyle items. In the Aquamagic business, the entity offers water to its customers. The Lifecare business covers company offering health-related products like beverages, food products, and sanitary goods. It also offers the products through its website to the customers.

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