CHC Resources (TPE:9930) ROCE % : 16.40% (As of Mar. 2024)

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What is CHC Resources 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. CHC Resources's annualized ROCE % for the quarter that ended in Mar. 2024 was 16.40%.

CHC Resources ROCE % Historical Data

The historical data trend for CHC Resources'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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CHC Resources ROCE % Chart

CHC Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.80

10.23

9.15

10.03

12.01

CHC Resources 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															10.41	12.79	11.93	12.36	16.40

CHC Resources ROCE % Calculation

CHC Resources'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 )
	=	1144.976	/	( ( (12267.167 - 2676.696)	+	(12271.336 - 2801.848) )	/ 2 )
	=	1144.976	/	( (9590.471	+	9469.488)	/ 2 )
	=	1144.976	/	9529.9795
	=	12.01 %

CHC Resources'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 )
	=	1544.292	/	( ( (12271.336 - 2801.848)	+	(11916.842 - 2556.743) )	/ 2 )
	=	1544.292	/	( ( 9469.488	+	9360.099 )	/ 2 )
	=	1544.292	/	9414.7935
	=	16.40 %

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

CHC Resources (TPE:9930) 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.

CHC Resources ROCE % Related Terms

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CHC Resources (TPE:9930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » CHC Resources Corp (TPE:9930) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.88, Chenggong 2nd Road, 22nd Floor, Qianzhen District, Kaohsiung, TWN, 80661

Website

https://www.chc.com.tw

CHC Resources Corp is a Taiwan-based company that primarily operates in three segments. Its granulated blast furnace slag cement segment manufactures and distributes GBFS powder and cement, which can replace Portland cement in making concrete for high-rise building construction, road paving, metro construction, and so on. Its resource utilization segment engages in industrial waste recycling. Its other business segment involves Union Steel Development Corporation, Pao Good Industrial Co., Ltd, Yu Cheng Lime Corporation, CHC Resources Vietnam Co., and Mao Lian Enterprise Co., Ltd.

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