Shinsegae Food Co (XKRX:031440) ROCE % : 6.77% (As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Shinsegae Food 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. Shinsegae Food Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 6.77%.

Shinsegae Food Co ROCE % Historical Data

The historical data trend for Shinsegae Food 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.

* Premium members only.

Shinsegae Food Co ROCE % Chart

Shinsegae Food Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

2.31

-3.03

3.43

1.05

5.39

Shinsegae Food Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															7.57	1.17	7.19	7.46	6.77

Shinsegae Food Co ROCE % Calculation

Shinsegae Food 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 )
	=	28809.999	/	( ( (903927.24 - 317890.251)	+	(875471.407 - 392859.724) )	/ 2 )
	=	28809.999	/	( (586036.989	+	482611.683)	/ 2 )
	=	28809.999	/	534324.336
	=	5.39 %

Shinsegae Food Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	41085.5	/	( ( (848399.582 - 276176.607)	+	(818770.472 - 177742.677) )	/ 2 )
	=	41085.5	/	( ( 572222.975	+	641027.795 )	/ 2 )
	=	41085.5	/	606625.385
	=	6.77 %

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

Shinsegae Food Co (XKRX:031440) 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.

Shinsegae Food Co ROCE % Related Terms

Thank you for viewing the detailed overview of Shinsegae Food Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Shinsegae Food Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shinsegae Food Co Ltd (XKRX:031440) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Seongsuil-ro, 56th floor, Seongdong-gu, Seoul, KOR

Website

http://www.shinsegaefood.com

Shinsegae Food Co Ltd is involved in food manufacture, food distribution, food and beverage and food service and restaurant business. Food manufacture business includes manufacturers, soups, stews, casseroles, salads, processed meat, sauces, noodles, and rice cakes baked goods, etc. Food distribution business comprises supplying goods to customers such as restaurant franchises, food manufacturers, hotels, resorts, etc. The food and beverage business consists of the development of new concepts and premium food brands and foodservice business covers the provision of customized food services to facilities such as offices, research centers, hospitals, and universities. The firm promotes and develops brands such as Hansik Olbaan, peacock, Johnny rockets, zespri, among others.

Shinsegae Food Co Headlines

No Headlines