Il Jeong Industrial Co (XKRX:008500) ROCE % : 22.23% (As of Sep. 2024)

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What is Il Jeong Industrial 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. Il Jeong Industrial Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 22.23%.

Il Jeong Industrial Co ROCE % Historical Data

The historical data trend for Il Jeong Industrial 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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Il Jeong Industrial Co ROCE % Chart

Il Jeong Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-38.39

-13.66

-35.57

-60.30

-16.61

Il Jeong Industrial 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															-27.25	-12.22	36.07	62.27	22.23

Il Jeong Industrial Co ROCE % Calculation

Il Jeong Industrial 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 )
	=	-1185.409	/	( ( (33565.989 - 28031.176)	+	(31049.305 - 22312.001) )	/ 2 )
	=	-1185.409	/	( (5534.813	+	8737.304)	/ 2 )
	=	-1185.409	/	7136.0585
	=	-16.61 %

Il Jeong Industrial 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 )
	=	3630.94	/	( ( (33885.757 - 17927.876)	+	(32702.66 - 15987.547) )	/ 2 )
	=	3630.94	/	( ( 15957.881	+	16715.113 )	/ 2 )
	=	3630.94	/	16336.497
	=	22.23 %

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

Il Jeong Industrial Co (XKRX:008500) 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.

Il Jeong Industrial Co ROCE % Related Terms

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Il Jeong Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Il Jeong Industrial Co Ltd (XKRX:008500) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

651-1 Choji-Dong, Danwon-Ku, Ansan, Gyeonggi, KOR, 425-080

Website

http://www.iljeong.co.kr

Il Jeong Industrial Co Ltd is engaged in providing car seat fabrics to automobile makers in Korea, Europe, North America, and China. Its products include moquette, tricot, woven, plush jacquard, jersey, single knit, and headliner fabrics are used in car seat fabrics, head linings, door trims, arms rests, and sun visors. The company also provides upholstery fabrics that are used in sofas and chairs in hotel and homes.

Il Jeong Industrial Co Headlines

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