Samjin Pharmaceutical Co (XKRX:005500) ROCE % : 8.03% (As of Mar. 2024)

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What is Samjin Pharmaceutical 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. Samjin Pharmaceutical Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.03%.

Samjin Pharmaceutical Co ROCE % Historical Data

The historical data trend for Samjin Pharmaceutical 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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Samjin Pharmaceutical Co ROCE % Chart

Samjin Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.24

14.66

13.53

8.88

6.66

Samjin Pharmaceutical Co 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															9.38	2.61	7.39	9.92	8.03

Samjin Pharmaceutical Co ROCE % Calculation

Samjin Pharmaceutical 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 )
	=	19982.61	/	( ( (406556.944 - 81652.161)	+	(419901.237 - 144550.214) )	/ 2 )
	=	19982.61	/	( (324904.783	+	275351.023)	/ 2 )
	=	19982.61	/	300127.903
	=	6.66 %

Samjin Pharmaceutical Co'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 )
	=	21751.472	/	( ( (419901.237 - 144550.214)	+	(420254.091 - 153925.537) )	/ 2 )
	=	21751.472	/	( ( 275351.023	+	266328.554 )	/ 2 )
	=	21751.472	/	270839.7885
	=	8.03 %

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

Samjin Pharmaceutical Co (XKRX:005500) 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.

Samjin Pharmaceutical Co ROCE % Related Terms

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Samjin Pharmaceutical Co (XKRX:005500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Samjin Pharmaceutical Co Ltd (XKRX:005500) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

121, Wausan-ro, Mapo-Ku, Seoul, KOR, 121-837

Website

https://www.samjinpharm.co.kr

Samjin Pharmaceutical Co Ltd is a part of the healthcare sector in Korea. The company functions as a pharmaceutical product manufacturer addressing severe diseases such as osteoporosis, hepatitis, respiratory and gastrointestinal diseases. Its suite of products includes capsules, syringes, injection medicines, and solvents.

Samjin Pharmaceutical Co (XKRX:005500) Headlines

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