TS Nexgen Co (XKRX:043220) ROCE % : -13.10% (As of Sep. 2024)

View and export this data going back to 2001. Start your Free Trial

What is TS Nexgen 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. TS Nexgen Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -13.10%.

TS Nexgen Co ROCE % Historical Data

The historical data trend for TS Nexgen 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.

TS Nexgen Co ROCE % Chart

TS Nexgen Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.10

1.82

-24.30

-9.61

4.15

TS Nexgen 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															-5.22	26.24	-6.29	-6.75	-13.10

TS Nexgen Co ROCE % Calculation

TS Nexgen 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 )
	=	2261.182	/	( ( (74580.967 - 19705.898)	+	(74097.478 - 19920.798) )	/ 2 )
	=	2261.182	/	( (54875.069	+	54176.68)	/ 2 )
	=	2261.182	/	54525.8745
	=	4.15 %

TS Nexgen 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 )
	=	-9552.496	/	( ( (106077.503 - 34265.073)	+	(130207.044 - 56221.73) )	/ 2 )
	=	-9552.496	/	( ( 71812.43	+	73985.314 )	/ 2 )
	=	-9552.496	/	72898.872
	=	-13.10 %

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

TS Nexgen Co (XKRX:043220) 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.

TS Nexgen Co ROCE % Related Terms

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

TS Nexgen Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » TS Nexgen Co Ltd (XKRX:043220) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

527 Eonju-ro, 3rd Floor, Gangnam-gu, Seoul, KOR, 666-16

Website

http://www.tsnexgen.com

TS Nexgen Co Ltd is engaged in the manufacture and selling of power plant facility dampers, ship desulfurization facilities (SOx Dampers), power distribution facility busways, and sales of regenerative medicine products and medical devices. The company's business and product division includes Power Generation Equipment, Busways, and Shipbuilding.

TS Nexgen Co Headlines

No Headlines