Phil Energy Co (XKRX:378340) ROCE % : 17.80% (As of Dec. 2023)

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What is Phil Energy 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. Phil Energy Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 17.80%.

Phil Energy Co ROCE % Historical Data

The historical data trend for Phil Energy 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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Phil Energy Co ROCE % Chart

Phil Energy Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-16.07

25.62

18.38

-1.64

Phil Energy Co Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial			-	-10.30	50.19	-6.99	17.80

Phil Energy Co ROCE % Calculation

Phil Energy 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 )
	=	-1640.475	/	( ( (140194.848 - 79067.397)	+	(249849.612 - 110609.035) )	/ 2 )
	=	-1640.475	/	( (61127.451	+	139240.577)	/ 2 )
	=	-1640.475	/	100184.014
	=	-1.64 %

Phil Energy 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 )
	=	24276.18	/	( ( (197191.728 - 63599.291)	+	(249849.612 - 110609.035) )	/ 2 )
	=	24276.18	/	( ( 133592.437	+	139240.577 )	/ 2 )
	=	24276.18	/	136416.507
	=	17.80 %

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

Phil Energy Co (XKRX:378340) 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.

Phil Energy Co ROCE % Related Terms

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Phil Energy Co (XKRX:378340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Phil Energy Co Ltd (XKRX:378340) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-19 Jigotjungang-ro, Gyeonggi-do, Osan-si, KOR

Website

http://www.philenergy.co.kr

Phil Energy Co Ltd specializes in equipment for the manufacture of secondary batteries. It supplies various machinery equipment needed in all areas of the secondary battery assembly process, next-generation batteries, and fuel cells. It offers Stacking facility, Laser notching facilities, Tab Welding Facility, and Can Insert Facility.

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