Dongil Steelux Co (XKRX:023790) ROCE % : -8.58% (As of Dec. 2024)

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What is Dongil Steelux 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. Dongil Steelux Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -8.58%.

Dongil Steelux Co ROCE % Historical Data

The historical data trend for Dongil Steelux 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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Dongil Steelux Co ROCE % Chart

Dongil Steelux Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-11.78

-36.73

-24.19

-41.05

-5.28

Dongil Steelux 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															-37.63	-2.86	2.93	-12.54	-8.58

Dongil Steelux Co ROCE % Calculation

Dongil Steelux 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 )
	=	-1744.131	/	( ( (73280.949 - 39465.609)	+	(71562.644 - 39288.745) )	/ 2 )
	=	-1744.131	/	( (33815.34	+	32273.899)	/ 2 )
	=	-1744.131	/	33044.6195
	=	-5.28 %

Dongil Steelux 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 )
	=	-2861.64	/	( ( (70367.364 - 35934.7)	+	(71562.644 - 39288.745) )	/ 2 )
	=	-2861.64	/	( ( 34432.664	+	32273.899 )	/ 2 )
	=	-2861.64	/	33353.2815
	=	-8.58 %

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

Dongil Steelux Co (XKRX:023790) 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.

Dongil Steelux Co ROCE % Related Terms

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Dongil Steelux Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dongil Steelux Co Ltd (XKRX:023790) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

46, Gaya-daero, Sasang-gu, Busan, KOR, 617-843

Website

http://www.dongilsteel.com

Dongil Steelux Co Ltd is a South Korea-based company engaged in the manufacturing of steel and its products. The product portfolio of the company includes Cold Drawn Steel Round Bar, Cold Drawn Steel Square Bar, Cold Drawn Steel Hexagonal Bar, Angle, and others.

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