President Chain Store (TPE:2912) ROCE % : 12.54% (As of Mar. 2024)

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What is President Chain Store 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. President Chain Store's annualized ROCE % for the quarter that ended in Mar. 2024 was 12.54%.

President Chain Store ROCE % Historical Data

The historical data trend for President Chain Store'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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President Chain Store ROCE % Chart

President Chain Store Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.47

12.37

10.52

11.67

12.49

President Chain Store 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															12.81	12.75	14.26	11.21	12.54

President Chain Store ROCE % Calculation

President Chain Store'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 )
	=	17736.933	/	( ( (233209.8 - 97709.081)	+	(257352.472 - 108883.539) )	/ 2 )
	=	17736.933	/	( (135500.719	+	148468.933)	/ 2 )
	=	17736.933	/	141984.826
	=	12.49 %

President Chain Store'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 )
	=	19068.276	/	( ( (257352.472 - 108883.539)	+	(262022.678 - 106438.18) )	/ 2 )
	=	19068.276	/	( ( 148468.933	+	155584.498 )	/ 2 )
	=	19068.276	/	152026.7155
	=	12.54 %

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

President Chain Store (TPE:2912) 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.

President Chain Store ROCE % Related Terms

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President Chain Store (TPE:2912) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » President Chain Store Corp (TPE:2912) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Tung Hsing Road, 2nd Floor, Taipei, TWN, 110

Website

https://www.7-11.com.tw

President Chain Store Corp., or PCSC, was established in 1978 and is 45% held by its parent, Uni-President Enterprises. The company operates 7-Eleven along with other retail businesses such as drug stores (COSMED), department stores, bakery, restaurants, and Starbucks in Taiwan. The company also runs 7-Eleven in Shanghai, Zhejiang, and the Philippines.

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