Hanchang Paper Co (XKRX:009460) ROCE % : 5.80% (As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

What is Hanchang Paper 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. Hanchang Paper Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.80%.

Hanchang Paper Co ROCE % Historical Data

The historical data trend for Hanchang Paper 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.

Hanchang Paper Co ROCE % Chart

Hanchang Paper Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.56

13.90

12.20

1.76

-6.48

Hanchang Paper Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-3.85	-17.80	-7.61	-4.00	5.80

Hanchang Paper Co ROCE % Calculation

Hanchang Paper 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 )
	=	-11076.889	/	( ( (283062.451 - 97228.595)	+	(288895.489 - 132699.424) )	/ 2 )
	=	-11076.889	/	( (185833.856	+	156196.065)	/ 2 )
	=	-11076.889	/	171014.9605
	=	-6.48 %

Hanchang Paper Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	9724.988	/	( ( (287054.937 - 108152.556)	+	(288895.489 - 132699.424) )	/ 2 )
	=	9724.988	/	( ( 178902.381	+	156196.065 )	/ 2 )
	=	9724.988	/	167549.223
	=	5.80 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Hanchang Paper Co (XKRX:009460) 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.

Hanchang Paper Co ROCE % Related Terms

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

Hanchang Paper Co (XKRX:009460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Hanchang Paper Co Ltd (XKRX:009460) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

270 Yong Dang-Ri, Ungsang-Eup, Yangsan, KOR, 626-290

Website

http://www.hcpaper.co.kr

Hanchang Paper Co Ltd is involved in developing, manufacturing, and selling bio-degradable bio-mass materials/products in South Korea. It offers art boards under the I PAPERS brand; duplex boards, including ivory, SC, and TM paperboards; and functional white paper boards. The company also provides cups, lids, sleeves, shopping bags/ envelopes, films, forks/spoons/knives, and various kind of containers under the Greenus brand name.

Hanchang Paper Co (XKRX:009460) Headlines

No Headlines