Kum Yang Co (XKRX:001570) ROCE % : -217.64% (As of Sep. 2024)

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

What is Kum Yang 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. Kum Yang Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -217.64%.

Kum Yang Co ROCE % Historical Data

The historical data trend for Kum Yang 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.

Kum Yang Co ROCE % Chart

Kum Yang Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-10.53

1.39

7.01

2.14

-27.95

Kum Yang Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-18.13	-63.42	-26.58	-48.26	-217.64

Kum Yang Co ROCE % Calculation

Kum Yang 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 )
	=	-65334.111	/	( ( (278599.452 - 103934.074)	+	(703467.372 - 410554.173) )	/ 2 )
	=	-65334.111	/	( (174665.378	+	292913.199)	/ 2 )
	=	-65334.111	/	233789.2885
	=	-27.95 %

Kum Yang Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-418735.236	/	( ( (1037450.016 - 792434.253)	+	(1227395.685 - 1087622.603) )	/ 2 )
	=	-418735.236	/	( ( 245015.763	+	139773.082 )	/ 2 )
	=	-418735.236	/	192394.4225
	=	-217.64 %

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

Kum Yang Co (XKRX:001570) 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.

Kum Yang Co ROCE % Related Terms

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

Kum Yang Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kum Yang Co Ltd (XKRX:001570) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

951-1 Gamjeon-Dong, Sasang-gu, Busan, KOR, 617-805

Website

http://www.kyc.co.kr

Kum Yang Co Ltd is a South Korean company operating in the chemical industry. The company is engaged in manufacturing of basic chemicals and related products.

Kum Yang Co Headlines

No Headlines