Paik Kwang Industrial Co (XKRX:001340) ROCE % : 4.08% (As of Mar. 2024)

View and export this data going back to 1976. Start your Free Trial

What is Paik Kwang Industrial 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. Paik Kwang Industrial Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.08%.

Paik Kwang Industrial Co ROCE % Historical Data

The historical data trend for Paik Kwang Industrial 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.

Paik Kwang Industrial Co ROCE % Chart

Paik Kwang Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

9.45

5.09

7.54

11.14

5.77

Paik Kwang Industrial 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															15.21	5.99	6.58	-1.82	4.08

Paik Kwang Industrial Co ROCE % Calculation

Paik Kwang Industrial 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 )
	=	15912.113	/	( ( (404267.601 - 135827.456)	+	(426908.196 - 143576.312) )	/ 2 )
	=	15912.113	/	( (268440.145	+	283331.884)	/ 2 )
	=	15912.113	/	275886.0145
	=	5.77 %

Paik Kwang Industrial 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 )
	=	11603.36	/	( ( (426908.196 - 143576.312)	+	(433253.288 - 147691.029) )	/ 2 )
	=	11603.36	/	( ( 283331.884	+	285562.259 )	/ 2 )
	=	11603.36	/	284447.0715
	=	4.08 %

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

Paik Kwang Industrial Co (XKRX:001340) 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.

Paik Kwang Industrial Co ROCE % Related Terms

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

Paik Kwang Industrial Co (XKRX:001340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Paik Kwang Industrial Co Ltd (XKRX:001340) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Soryong-dong, Gunsan, KOR, 573-879

Website

http://www.pkic.co.kr

Paik Kwang Industrial Co Ltd is a South Korea based company engages in the manufacture and marketing of inorganic chemical products such as caustic soda, hydrochloric acid, and liquid chlorine and detergents used for semiconductor and LCD industry.

Paik Kwang Industrial Co (XKRX:001340) Headlines

No Headlines