Mosel Vitelic (TPE:2342) ROCE % : -1.13% (As of Mar. 2024)

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What is Mosel Vitelic 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. Mosel Vitelic's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.13%.

Mosel Vitelic ROCE % Historical Data

The historical data trend for Mosel Vitelic'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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Mosel Vitelic ROCE % Chart

Mosel Vitelic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-15.77

9.22

8.87

17.33

-5.50

Mosel Vitelic 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															-5.69	0.70	-0.74	-16.91	-1.13

Mosel Vitelic ROCE % Calculation

Mosel Vitelic'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 )
	=	-168.453	/	( ( (4183.661 - 892.08)	+	(3416.987 - 586.332) )	/ 2 )
	=	-168.453	/	( (3291.581	+	2830.655)	/ 2 )
	=	-168.453	/	3061.118
	=	-5.50 %

Mosel Vitelic'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 )
	=	-31.228	/	( ( (3416.987 - 586.332)	+	(3370.465 - 657.677) )	/ 2 )
	=	-31.228	/	( ( 2830.655	+	2712.788 )	/ 2 )
	=	-31.228	/	2771.7215
	=	-1.13 %

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

Mosel Vitelic (TPE:2342) 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.

Mosel Vitelic ROCE % Related Terms

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Mosel Vitelic (TPE:2342) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Mosel Vitelic Inc (TPE:2342) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No.1, Yanxin 1st Road, Science-Based Industrial Park, Hsinchu, TWN

Website

https://www.mosel.com.tw

Mosel Vitelic Inc is a Taiwan-based company providing wafer foundry services. The products of the company include LCD (liquid crystal display) drivers, read-only memory, and logic integrated circuits among others. The company is also engaged in research, design, development, testing, manufacturing, and sales of solar modules, solar systems, and radio frequency identification products.

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