Dongnam Chemical Co (XKRX:023450) ROCE % : 13.58% (As of Dec. 2024)

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What is Dongnam Chemical 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. Dongnam Chemical Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 13.58%.

Dongnam Chemical Co ROCE % Historical Data

The historical data trend for Dongnam Chemical 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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Dongnam Chemical Co ROCE % Chart

Dongnam Chemical Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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18.70

28.08

22.65

11.83

13.04

Dongnam Chemical Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															11.54	18.63	11.21	8.76	13.58

Dongnam Chemical Co ROCE % Calculation

Dongnam Chemical Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	9731.106	/	( ( (97568.84 - 23180.665)	+	(96866.644 - 22033.75) )	/ 2 )
	=	9731.106	/	( (74388.175	+	74832.894)	/ 2 )
	=	9731.106	/	74610.5345
	=	13.04 %

Dongnam Chemical Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	10177.564	/	( ( (107260.258 - 32203.612)	+	(96866.644 - 22033.75) )	/ 2 )
	=	10177.564	/	( ( 75056.646	+	74832.894 )	/ 2 )
	=	10177.564	/	74944.77
	=	13.58 %

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

Dongnam Chemical Co (XKRX:023450) 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.

Dongnam Chemical Co ROCE % Related Terms

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Dongnam Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dongnam Chemical Co Ltd (XKRX:023450) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

80-61, Tancheonsaneopdanji-gil, Tancheon-myeon, Chungcheongnam-do, Gongju-si, KOR

Website

http://www.dongnamchem.com

Dongnam Chemical Co Ltd is engaged in manufacturing and selling surfactants in Korea. Its products include nonionic surfactants, cationic surfactants, anionic surfactants, and amphoteric surfactants. The company's products are used in various applications, including household and personal care, fine chemicals, general industry, textile chemicals, and agricultural chemicals. It also sells alcohols, acids, amines, reactive emulsifiers, and other chemicals.

Dongnam Chemical Co Headlines

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