RaemongRaein Co (XKRX:200350) ROCE % : -47.48% (As of Dec. 2023)

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What is RaemongRaein 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. RaemongRaein Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -47.48%.

RaemongRaein Co ROCE % Historical Data

The historical data trend for RaemongRaein 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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RaemongRaein Co ROCE % Chart

RaemongRaein Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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25.63

13.72

8.74

-15.03

-16.98

RaemongRaein Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial									-44.88	14.30	-12.74	-26.05	-47.48

RaemongRaein Co ROCE % Calculation

RaemongRaein 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 )
	=	-7457.989	/	( ( (71642.269 - 26455.348)	+	(50859.306 - 8192.088) )	/ 2 )
	=	-7457.989	/	( (45186.921	+	42667.218)	/ 2 )
	=	-7457.989	/	43927.0695
	=	-16.98 %

RaemongRaein 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 )
	=	-19797.916	/	( ( (59956.275 - 19224.759)	+	(50859.306 - 8192.088) )	/ 2 )
	=	-19797.916	/	( ( 40731.516	+	42667.218 )	/ 2 )
	=	-19797.916	/	41699.367
	=	-47.48 %

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

RaemongRaein Co (XKRX:200350) 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.

RaemongRaein Co ROCE % Related Terms

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RaemongRaein Co (XKRX:200350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » RaemongRaein Co Ltd (XKRX:200350) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

729, Eonju-ro, Gangnam-gu, 12th Floor, Masters 729 Building, Seoul, KOR, 06050

Website

http://www.raemongraein.co.kr

RaemongRaein Co Ltd is an entertainment management company. It is engaged in production and broadcast of entertainment management, film, animation, publishing, music, and games. The company's business divisions include drama production division, content planning division, business management division, marketing business division, management business division and music business division.

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