Wonil Special Steel Co (XKRX:012620) ROCE % : 8.42% (As of Jun. 2024)

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What is Wonil Special Steel 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. Wonil Special Steel Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 8.42%.

Wonil Special Steel Co ROCE % Historical Data

The historical data trend for Wonil Special Steel 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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Wonil Special Steel Co ROCE % Chart

Wonil Special Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.00

3.45

17.35

11.38

8.76

Wonil Special Steel Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															10.82	7.48	4.69	8.78	8.42

Wonil Special Steel Co ROCE % Calculation

Wonil Special Steel 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 )
	=	13476.517	/	( ( (273356.102 - 122906.038)	+	(261393.495 - 104149.585) )	/ 2 )
	=	13476.517	/	( (150450.064	+	157243.91)	/ 2 )
	=	13476.517	/	153846.987
	=	8.76 %

Wonil Special Steel Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	13432.392	/	( ( (281122.485 - 122546.589)	+	(279578.802 - 119132.077) )	/ 2 )
	=	13432.392	/	( ( 158575.896	+	160446.725 )	/ 2 )
	=	13432.392	/	159511.3105
	=	8.42 %

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

Wonil Special Steel Co (XKRX:012620) 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.

Wonil Special Steel Co ROCE % Related Terms

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Wonil Special Steel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Wonil Special Steel Co Ltd (XKRX:012620) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

2183-5 Jeongwang-dong, Siheung-si, Gyeonggi-do, KOR, 429-936

Website

http://www.wonilsteel.co.kr

Wonil Special Steel Co Ltd is involved in manufacturing and distributing specialty steel products. The company offers high carbon and high-speed tool, hot and cold work tool, plastic mold, carbon and alloy structural, bearing, and flame hardening steel products in the form of shaped steel, bars, plates, and half-finished products.

Wonil Special Steel Co Headlines

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