Douzone Bizon Co (XKRX:012510) ROCE % : 14.53% (As of Dec. 2023)

View and export this data going back to 1988. Start your Free Trial

What is Douzone Bizon 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. Douzone Bizon Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.53%.

Douzone Bizon Co ROCE % Historical Data

The historical data trend for Douzone Bizon 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.

* Premium members only.

Douzone Bizon Co ROCE % Chart

Douzone Bizon Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

16.84

12.24

13.23

6.73

10.30

Douzone Bizon Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															0.93	8.34	9.00	9.80	14.53

Douzone Bizon Co ROCE % Calculation

Douzone Bizon 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 )
	=	59891.277	/	( ( (832892.726 - 137740.832)	+	(883327.56 - 415452.939) )	/ 2 )
	=	59891.277	/	( (695151.894	+	467874.621)	/ 2 )
	=	59891.277	/	581513.2575
	=	10.30 %

Douzone Bizon Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	66088.036	/	( ( (846949.286 - 405277.77)	+	(883327.56 - 415452.939) )	/ 2 )
	=	66088.036	/	( ( 441671.516	+	467874.621 )	/ 2 )
	=	66088.036	/	454773.0685
	=	14.53 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Douzone Bizon Co (XKRX:012510) 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.

Douzone Bizon Co ROCE % Related Terms

Thank you for viewing the detailed overview of Douzone Bizon Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Douzone Bizon Co (XKRX:012510) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Douzone Bizon Co Ltd (XKRX:012510) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road: 29, Euljiro-ro, Duzon Tower: 87 Euljiro, 1-ga, Chuncheon-si, Gangwon-do, KOR, 200-915

Website

http://www.duzon.co.kr

Douzone Bizon Co Ltd is a player in the software industry. Its major product is enterprise resource planning available in variants such as lite ERP, standard ERP, extended ERP and financial ERP, construction-use ERP and security solutions. It also caters to the banking industry with electronic banking software used for billing and taxation purposes.

Douzone Bizon Co (XKRX:012510) Headlines

No Headlines