Codes Combine Co (XKRX:047770) ROCE % : 0.52% (As of Dec. 2024)

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What is Codes Combine 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. Codes Combine Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.52%.

Codes Combine Co ROCE % Historical Data

The historical data trend for Codes Combine 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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Codes Combine Co ROCE % Chart

Codes Combine Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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7.13

10.39

12.26

6.42

3.69

Codes Combine 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	5.64	5.61	2.91	0.52

Codes Combine Co ROCE % Calculation

Codes Combine 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 )
	=	2750.114	/	( ( (85527.452 - 12173.366)	+	(88883.575 - 13379.789) )	/ 2 )
	=	2750.114	/	( (73354.086	+	75503.786)	/ 2 )
	=	2750.114	/	74428.936
	=	3.69 %

Codes Combine 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 )
	=	393.688	/	( ( (88479.097 - 12796.318)	+	(88883.575 - 13379.789) )	/ 2 )
	=	393.688	/	( ( 75682.779	+	75503.786 )	/ 2 )
	=	393.688	/	75593.2825
	=	0.52 %

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

Codes Combine Co (XKRX:047770) 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.

Codes Combine Co ROCE % Related Terms

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Codes Combine Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Codes Combine Co Ltd (XKRX:047770) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Doosan Street, 6 road 14 (Nonhyun-dong), Gangnam-gu, Seoul, KOR, 06038

Website

http://www.codes-combine.co.kr

Codes Combine Co Ltd is a manufacturer of apparel. Its major business is casual garments, underwear, while it sells office supplies and fancy supplies. Geographically, the business activities of the group are functioned through Korea.

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