Daemyung Sonoseason Co (XKRX:007720) ROCE % : 22.18% (As of Mar. 2024)

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What is Daemyung Sonoseason 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. Daemyung Sonoseason Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.18%.

Daemyung Sonoseason Co ROCE % Historical Data

The historical data trend for Daemyung Sonoseason 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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Daemyung Sonoseason Co ROCE % Chart

Daemyung Sonoseason Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.77

-1.55

-10.66

-12.41

2.51

Daemyung Sonoseason 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															3.70	2.60	6.18	-2.49	22.18

Daemyung Sonoseason Co ROCE % Calculation

Daemyung Sonoseason 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 )
	=	2967.432	/	( ( (168960.318 - 50425.064)	+	(168786.754 - 51084.819) )	/ 2 )
	=	2967.432	/	( (118535.254	+	117701.935)	/ 2 )
	=	2967.432	/	118118.5945
	=	2.51 %

Daemyung Sonoseason 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 )
	=	26010.492	/	( ( (168786.754 - 51084.819)	+	(161251.264 - 44383.435) )	/ 2 )
	=	26010.492	/	( ( 117701.935	+	116867.829 )	/ 2 )
	=	26010.492	/	117284.882
	=	22.18 %

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

Daemyung Sonoseason Co (XKRX:007720) 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.

Daemyung Sonoseason Co ROCE % Related Terms

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Daemyung Sonoseason Co (XKRX:007720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Daemyung Sonoseason Co Ltd (XKRX:007720) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

262, Hanchigol-gil Seo-myeon, Hongcheon-gun, Gangwon-do, Hongcheon, KOR

Website

http://www.daemyungcorporation.com

Daemyung Sonoseason Co Ltd is engaged in the Security Division, Retail Division, B2B Division, and Pet MRO division. The Security Division develops, manufactures and sells for integrated video security solutions, including recorders, surveillance cameras, accessories, and integrated control software. Retail Division includes Goods & Goods, Logo Shop, Mom Kids, and other shops among others. B2B Distribution Division provides the make-to-order, wholesale, management service of MRO for leisure, plant, golf, lodging, and industry whereas Pet MRO is specialized in the pet industry, such as pet milk, pet food, and pet supplies.

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