HLB innoVation Co (XKRX:024850) ROCE % : -23.13% (As of Dec. 2024)

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What is HLB innoVation 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. HLB innoVation Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -23.13%.

HLB innoVation Co ROCE % Historical Data

The historical data trend for HLB innoVation 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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HLB innoVation Co ROCE % Chart

HLB innoVation Co Annual Data

Trend

Dec14

Dec15

Dec16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-2.35

2.27

-15.89

-2.32

2.69

HLB innoVation 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															-	4.07	-1.26	-5.23	-23.13

HLB innoVation Co ROCE % Calculation

HLB innoVation Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	1512.501	/	( ( (38017.623 - 13777.171)	+	(92301.348 - 4236.472) )	/ 2 )
	=	1512.501	/	( (24240.452	+	88064.876)	/ 2 )
	=	1512.501	/	56152.664
	=	2.69 %

HLB innoVation 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 )
	=	-38484.252	/	( ( (86604.97 - 8321.962)	+	(268011.067 - 13554.106) )	/ 2 )
	=	-38484.252	/	( ( 78283.008	+	254456.961 )	/ 2 )
	=	-38484.252	/	166369.9845
	=	-23.13 %

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

HLB innoVation Co (XKRX:024850) 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.

HLB innoVation Co ROCE % Related Terms

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HLB innoVation Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » HLB innoVation Co Ltd (XKRX:024850) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

52, Banyeo 1 dong, Haewundae-gu, Busan, KOR, 612-723

Website

http://www.psmc.co.kr

HLB innoVation Co Ltd is a manufacturer of leadframes for the semiconductor industry. It supplies leadframes which is a component of semiconductor connecting the inside and outside of semiconductor package. The product portfolio of the company includes leadframe, toolings and pre-molded products.

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