Ilshin Spinning Co (XKRX:003200) ROCE % : 3.03% (As of Dec. 2024)

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What is Ilshin Spinning 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. Ilshin Spinning Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.03%.

Ilshin Spinning Co ROCE % Historical Data

The historical data trend for Ilshin Spinning 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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Ilshin Spinning Co ROCE % Chart

Ilshin Spinning Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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2.14

8.29

17.94

1.72

4.38

Ilshin Spinning Co 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															1.92	1.89	10.92	1.70	3.03

Ilshin Spinning Co ROCE % Calculation

Ilshin Spinning Co'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 )
	=	41627.527	/	( ( (1059230.39 - 125720.8)	+	(1115758.898 - 148536.835) )	/ 2 )
	=	41627.527	/	( (933509.59	+	967222.063)	/ 2 )
	=	41627.527	/	950365.8265
	=	4.38 %

Ilshin Spinning Co'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 )
	=	29176.94	/	( ( (1103611.992 - 143230.351)	+	(1115758.898 - 148536.835) )	/ 2 )
	=	29176.94	/	( ( 960381.641	+	967222.063 )	/ 2 )
	=	29176.94	/	963801.852
	=	3.03 %

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

Ilshin Spinning Co (XKRX:003200) 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.

Ilshin Spinning Co ROCE % Related Terms

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Ilshin Spinning Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ilshin Spinning Co Ltd (XKRX:003200) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

11 Eunhaeng-ro, Yeongdeungpo-gu, Seoul, KOR, 07237

Website

http://www.ilshin.co.kr

Ilshin Spinning Co Ltd is a Korea-based company principally engaged in the manufacture of textiles. The company manufactures yarns, dyeing, and fabrics. The Yarns product area marketed in three brand names - Threestar, Melanstar, and Ivystar composed of combed cotton yarn, slub yarn, modal, tencell, thermolite, coolmax and blended yarn. The Dyeing products include dyed yarn and dyed fabrics and the Fabric products include cotton, rayon, blended, and mixed fabrics. Also, the group is involved in the real estate and wine business.

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