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Vanguard International Semiconductor (ROCO:5347) ROCE % : 7.89% (As of Mar. 2024)


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What is Vanguard International Semiconductor 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. Vanguard International Semiconductor's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.89%.


Vanguard International Semiconductor ROCE % Historical Data

The historical data trend for Vanguard International Semiconductor'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.

Vanguard International Semiconductor ROCE % Chart

Vanguard International Semiconductor 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 23.80 23.87 34.65 29.18 11.19

Vanguard International Semiconductor 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 8.72 11.71 10.82 14.41 7.89

Vanguard International Semiconductor ROCE % Calculation

Vanguard International Semiconductor'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 )
=9071.947/( ( (100939.919 - 21093.478) + (102450.043 - 20107.223) )/ 2 )
=9071.947/( (79846.441+82342.82)/ 2 )
=9071.947/81094.6305
=11.19 %

Vanguard International Semiconductor'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 )
=6681.232/( ( (102450.043 - 20107.223) + (108065.895 - 21129.302) )/ 2 )
=6681.232/( ( 82342.82 + 86936.593 )/ 2 )
=6681.232/84639.7065
=7.89 %

(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.


Vanguard International Semiconductor  (ROCO:5347) 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.


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Vanguard International Semiconductor (ROCO:5347) Business Description

Traded in Other Exchanges
N/A
Address
No. 123, Park Road 3, Hsinchu Science Park, Hsinchu, TWN, 30077
Vanguard International Semiconductor Corp is engaged in the manufacturing, selling, packaging, Masks, testing and computer-aided design of integrated circuits and other semiconductor devices. The company offers a range of process technologies, including High Voltage, Ultra High Voltage, Discrete, Silicon on Insulator (SOI), Logic, Mixed-Signal, Analog, High Precision Analog, and Embedded Memory technologies. Geographically, it derives a majority of revenue from Asia and America.

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