Posco DX Co (XKRX:022100) ROCE % : 28.68% (As of Mar. 2024)

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What is Posco DX 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. Posco DX Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 28.68%.

Posco DX Co ROCE % Historical Data

The historical data trend for Posco DX 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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Posco DX Co ROCE % Chart

Posco DX Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.28

4.13

-3.89

15.40

25.49

Posco DX 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															30.55	33.44	29.61	10.05	28.68

Posco DX Co ROCE % Calculation

Posco DX 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 )
	=	113277.957	/	( ( (851593.786 - 431131.515)	+	(889807.22 - 421366.948) )	/ 2 )
	=	113277.957	/	( (420462.271	+	468440.272)	/ 2 )
	=	113277.957	/	444451.2715
	=	25.49 %

Posco DX 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 )
	=	135145.076	/	( ( (889807.22 - 421366.948)	+	(851602.737 - 377772.283) )	/ 2 )
	=	135145.076	/	( ( 468440.272	+	473830.454 )	/ 2 )
	=	135145.076	/	471135.363
	=	28.68 %

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

Posco DX Co (XKRX:022100) 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.

Posco DX Co ROCE % Related Terms

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Posco DX Co (XKRX:022100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Posco DX Co Ltd (XKRX:022100) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

68, Hodong-ro, Nam-gu, Gyeongsangbuk-do, Pohang-si, KOR, 37861

Website

https://www.poscodx.com

Posco DX Co Ltd is a provider of information technology services and solutions. The firm has Smart Factory, Information Technology Services and Energy and SOC segments. Smart Factory segment comprises an automatically controlled production system that involves the management of the environment, facility, energy, safety, virtual, production, and logistics. IT Services segment consists of cloud, system deployment, infrastructure operation, and security for the need of clients. The energy segment comprises the services needed for using energy efficiently. The SOC segment includes solutions to urban infrastructures.

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