GEM Services (TPE:6525) ROCE % : 17.08% (As of Mar. 2024)

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What is GEM Services 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. GEM Services's annualized ROCE % for the quarter that ended in Mar. 2024 was 17.08%.

GEM Services ROCE % Historical Data

The historical data trend for GEM Services'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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GEM Services ROCE % Chart

GEM Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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23.49

22.94

24.75

23.74

14.86

GEM Services 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															17.34	18.45	14.65	12.03	17.08

GEM Services ROCE % Calculation

GEM Services'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 )
	=	716.611	/	( ( (6930.775 - 1991.013)	+	(6146.979 - 1441.079) )	/ 2 )
	=	716.611	/	( (4939.762	+	4705.9)	/ 2 )
	=	716.611	/	4822.831
	=	14.86 %

GEM Services'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 )
	=	785.928	/	( ( (6146.979 - 1441.079)	+	(6311.705 - 1817.097) )	/ 2 )
	=	785.928	/	( ( 4705.9	+	4494.608 )	/ 2 )
	=	785.928	/	4600.254
	=	17.08 %

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

GEM Services (TPE:6525) 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.

GEM Services ROCE % Related Terms

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GEM Services (TPE:6525) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GEM Services Inc (TPE:6525) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Harbour Place, PO Box 472, 2nd Floor, Grand Cayman, CYM, 1106

Website

https://www.gemservices.com

GEM Services Inc is a power semiconductor packaging and testing services provider. Its products are used in consumer electronics, communication devices, computing, industrial and automotive applications. The company's portfolio of services covers packaging development, wafer processing, assembling services, electrical tests, logistic services, and reliability testing. Geographically company mainly operates in two regions that are Taiwan and China where it generates the majority of its revenue from Taiwan.

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