Sangsangin Co (XKRX:038540) ROCE % : -7.30% (As of Dec. 2024)

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What is Sangsangin 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. Sangsangin Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -7.30%.

Sangsangin Co ROCE % Historical Data

The historical data trend for Sangsangin 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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Sangsangin Co ROCE % Chart

Sangsangin Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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2.73

3.22

1.23

-1.77

-7.25

Sangsangin 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															-1.40	2.01	-10.24	-12.07	-7.30

Sangsangin Co ROCE % Calculation

Sangsangin 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 )
	=	-177300.365	/	( ( (6714393.955 - 4180102.228)	+	(5104241.131 - 2750767.548) )	/ 2 )
	=	-177300.365	/	( (2534291.727	+	2353473.583)	/ 2 )
	=	-177300.365	/	2443882.655
	=	-7.25 %

Sangsangin 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 )
	=	-169841.344	/	( ( (6482623.374 - 4180938.035)	+	(5104241.131 - 2750767.548) )	/ 2 )
	=	-169841.344	/	( ( 2301685.339	+	2353473.583 )	/ 2 )
	=	-169841.344	/	2327579.461
	=	-7.30 %

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

Sangsangin Co (XKRX:038540) 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.

Sangsangin Co ROCE % Related Terms

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Sangsangin Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sangsangin Co Ltd (XKRX:038540) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

358 Hwangsaewul-Road, Bundang-Gu, Gyeonggi-Do, Seongnam-Si, KOR, 153-759

Website

https://www.sangsanginworld.co.kr

Sangsangin Co Ltd is engaged in the business of information and communication, finance, shipbuilding, and computer program development. The information and communication business provides a comprehensive range of services from network design, equipment supply and installation, and maintenance. The financial business sector mainly engages in savings banks and financial investment businesses, and the shipbuilding business manufactures and sells facilities and equipment used for the construction or repair of ships, and the computer program development and operation business segment develops and directly operates or sells computer programs necessary for network construction and collateral management, and the majority of its revenue generated from the Financial sector.

Sangsangin Co Headlines

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