KPX Chemical Co (XKRX:025000) ROCE % : 12.67% (As of Dec. 2023)

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What is KPX 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. KPX Chemical Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.67%.

KPX Chemical Co ROCE % Historical Data

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

KPX Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.98

16.30

11.56

6.63

13.76

KPX Chemical Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															1.79	18.71	13.93	10.03	12.67

KPX Chemical Co ROCE % Calculation

KPX Chemical 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 )
	=	87651.462	/	( ( (776778.117 - 166545.01)	+	(822466.229 - 158595.607) )	/ 2 )
	=	87651.462	/	( (610233.107	+	663870.622)	/ 2 )
	=	87651.462	/	637051.8645
	=	13.76 %

KPX Chemical Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	82807.328	/	( ( (799225.078 - 156370.521)	+	(822466.229 - 158595.607) )	/ 2 )
	=	82807.328	/	( ( 642854.557	+	663870.622 )	/ 2 )
	=	82807.328	/	653362.5895
	=	12.67 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

KPX Chemical Co (XKRX:025000) 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.

KPX Chemical Co ROCE % Related Terms

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KPX Chemical Co (XKRX:025000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » KPX Chemical Co Ltd (XKRX:025000) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

37, Mapo-daero, Mapo-Gu, Seoul, KOR, 04143

Website

http://www.kpxchemical.com

KPX Chemical Co Ltd is a Korea-based company engaged in manufacturing, supply, and distribution of polyether polyol and electronic chemical materials. The company's products are used in furniture, shoe, textile, automobile, appliance, construction, container, and other industries. It offers polyethers for flexible slab-foam, flexible mold-foam, semi-rigid urethane foam, and non-foam; polyether polyol for rigid urethane foam; and cross-linking agents, and the electronic chemicals materials are used for flat panel displays (FPDs), semiconductors and other industries, and chemical mechanical planarization (CMP) pads. The group distributes its products within the Korean and overseas markets.

KPX Chemical Co (XKRX:025000) Headlines

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