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AMPAK Technology (ROCO:6546) ROCE % : 14.92% (As of Mar. 2024)


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What is AMPAK Technology 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. AMPAK Technology's annualized ROCE % for the quarter that ended in Mar. 2024 was 14.92%.


AMPAK Technology ROCE % Historical Data

The historical data trend for AMPAK Technology'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.

AMPAK Technology ROCE % Chart

AMPAK Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.21 30.17 37.95 31.06 13.70

AMPAK Technology Quarterly Data
Jun17 Dec18 Jun19 Dec19 Mar20 Jun20 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 10.42 17.91 22.85 8.21 14.92

AMPAK Technology ROCE % Calculation

AMPAK Technology'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 )
=326.794/( ( (3502.083 - 1067.327) + (3034.085 - 698.103) )/ 2 )
=326.794/( (2434.756+2335.982)/ 2 )
=326.794/2385.369
=13.70 %

AMPAK Technology'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 )
=335.004/( ( (3034.085 - 698.103) + (3140.12 - 986.591) )/ 2 )
=335.004/( ( 2335.982 + 2153.529 )/ 2 )
=335.004/2244.7555
=14.92 %

(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.


AMPAK Technology  (ROCO:6546) 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.


AMPAK Technology ROCE % Related Terms

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AMPAK Technology (ROCO:6546) Business Description

Traded in Other Exchanges
N/A
Address
Number 15-1, Zhonghua Road, Hukou Industrial Zone, Hsinchu County, TWN
AMPAK Technology Inc is mainly engaged in manufacturing, wholesale, and retail of wireless communication machinery and equipment, manufacturing of electronic components, wholesale and retail of electronic materials, manufacturing of data storage and processing equipment, and manufacturing of wired communication machinery and equipment.

AMPAK Technology (ROCO:6546) Headlines

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