Lotte Energy Materials (XKRX:020150) ROCE % : 0.31% (As of Sep. 2024)

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What is Lotte Energy Materials 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. Lotte Energy Materials's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.31%.

Lotte Energy Materials ROCE % Historical Data

The historical data trend for Lotte Energy Materials'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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Lotte Energy Materials ROCE % Chart

Lotte Energy Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.39

5.00

6.34

3.89

-1.15

Lotte Energy Materials 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															3.00	0.61	2.61	3.15	0.31

Lotte Energy Materials ROCE % Calculation

Lotte Energy Materials'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 )
	=	-24694.537	/	( ( (2430279.802 - 176543.818)	+	(2392246.608 - 332800.203) )	/ 2 )
	=	-24694.537	/	( (2253735.984	+	2059446.405)	/ 2 )
	=	-24694.537	/	2156591.1945
	=	-1.15 %

Lotte Energy Materials'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 )
	=	6570.112	/	( ( (2338239.718 - 275234.229)	+	(2356666.018 - 233309.561) )	/ 2 )
	=	6570.112	/	( ( 2063005.489	+	2123356.457 )	/ 2 )
	=	6570.112	/	2093180.973
	=	0.31 %

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

Lotte Energy Materials (XKRX:020150) 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.

Lotte Energy Materials ROCE % Related Terms

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Lotte Energy Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lotte Energy Materials Corp (XKRX:020150) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

63-25, Seogam-ro 3-gil, Jeollabuk-do, Iksan-si, KOR

Website

https://www.lotteenergymaterials.com

Lotte Energy Materials Corp is a South Korea-based company which mainly manufactures thin copper foils called, elecfoil used in printed circuit boards for electronics. It is recognized for its high-quality products and high export sales. The company's product portfolio includes industrial diamond, elecfoil for rechargeable battery, touch screen panel, seamless steel tube, extra-high voltage cable and heavy electric machines, ultrasonic medical devices and LED lighting.

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