Sun Kwang Co (XKRX:003100) ROCE % : 8.03% (As of Sep. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Sun Kwang 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. Sun Kwang Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.03%.

Sun Kwang Co ROCE % Historical Data

The historical data trend for Sun Kwang 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.

Sun Kwang Co ROCE % Chart

Sun Kwang Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.71

3.97

7.23

4.55

7.69

Sun Kwang 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															6.21	7.82	7.66	7.69	8.03

Sun Kwang Co ROCE % Calculation

Sun Kwang 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 )
	=	43937.384	/	( ( (630088.699 - 61235.799)	+	(639428.049 - 64984.706) )	/ 2 )
	=	43937.384	/	( (568852.9	+	574443.343)	/ 2 )
	=	43937.384	/	571648.1215
	=	7.69 %

Sun Kwang 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 )
	=	45808.16	/	( ( (632899.052 - 66565.648)	+	(638704.035 - 63758.811) )	/ 2 )
	=	45808.16	/	( ( 566333.404	+	574945.224 )	/ 2 )
	=	45808.16	/	570639.314
	=	8.03 %

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

Sun Kwang Co (XKRX:003100) 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.

Sun Kwang Co ROCE % Related Terms

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

Sun Kwang Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sun Kwang Co Ltd (XKRX:003100) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

34-2 Hang-dong-7-ga Jung-gu, Incheon, KOR, 400-037

Website

http://www.sun-kwang.co.kr

Sun Kwang Co Ltd is engaged in logistics business. The Company also operates container and grain terminals at Incheon and Gunsan Port. Its services include stevedoring, sea sand, container terminal, general cargo transportation, customs clearance, grain silo, heavy cargo transportation, warehouse, CY/CFS, freight forwarding and others.

Sun Kwang Co Headlines

No Headlines