Daesang (XKRX:001680) ROCE % : 5.25% (As of Dec. 2024)

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What is Daesang 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. Daesang's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.25%.

Daesang ROCE % Historical Data

The historical data trend for Daesang'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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Daesang ROCE % Chart

Daesang Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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12.66

11.02

6.89

6.27

7.70

Daesang Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															2.73	7.19	7.87	11.51	5.25

Daesang ROCE % Calculation

Daesang's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	181343.885	/	( ( (3334370.027 - 959788.676)	+	(3509835.11 - 1173502.914) )	/ 2 )
	=	181343.885	/	( (2374581.351	+	2336332.196)	/ 2 )
	=	181343.885	/	2355456.7735
	=	7.70 %

Daesang's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	121347.68	/	( ( (3438764.354 - 1152276.809)	+	(3509835.11 - 1173502.914) )	/ 2 )
	=	121347.68	/	( ( 2286487.545	+	2336332.196 )	/ 2 )
	=	121347.68	/	2311409.8705
	=	5.25 %

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

Daesang (XKRX:001680) 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.

Daesang ROCE % Related Terms

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Daesang Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Daesang Corp (XKRX:001680) » Definitions » ROCE %

Traded in Other Exchanges

001685:Korea

Address

DaeSang Building 96-48 ShinSul-Dong, DongDaeMoon-Gu, Seoul, KOR, 130-706

Website

http://www.edaesang.com

Daesang Corp is a part of the packaged foods industry. The company's business relates to the production and distribution of food items such as marinade sauces, canned foods, seasonings, soups and noodles, health foods and beverages. It also sells food ingredients such as corn syrup, crystalline fructose, corn syrup, corn starch, fish paste starch, and others. Its marketing channel comprises of direct sales through stores and sales agencies.

Daesang Headlines

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