Gus Technology Co (ROCO:6940) ROCE % : -17.62% (As of Dec. 2023)

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What is Gus Technology 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. Gus Technology Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -17.62%.

Gus Technology Co ROCE % Historical Data

The historical data trend for Gus Technology 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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Gus Technology Co ROCE % Chart

Gus Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-8.84

-9.84

-13.90

Gus Technology Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	-	-10.54	-9.42	-11.08	-17.62

Gus Technology Co ROCE % Calculation

Gus Technology Co'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 )
	=	-458.486	/	( ( (3486.864 - 1037.599)	+	(4364.611 - 218.506) )	/ 2 )
	=	-458.486	/	( (2449.265	+	4146.105)	/ 2 )
	=	-458.486	/	3297.685
	=	-13.90 %

Gus Technology 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-620.8	/	( ( (4166.108 - 1267.03)	+	(4364.611 - 218.506) )	/ 2 )
	=	-620.8	/	( ( 2899.078	+	4146.105 )	/ 2 )
	=	-620.8	/	3522.5915
	=	-17.62 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Gus Technology Co (ROCO:6940) 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.

Gus Technology Co ROCE % Related Terms

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Gus Technology Co (ROCO:6940) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gus Technology Co Ltd (ROCO:6940) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99, Xintai 5th Road, Section 1, 26th Floor-2, Xizhi District, New Taipei, TWN, 221416

Website

https://www.gustech.com

Gus Technology Co Ltd is engaged in the development and manufacture of battery cells and battery modules.

Gus Technology Co (ROCO:6940) Headlines

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