Haisung Aero-Robotics Co (XKRX:059270) ROCE % : -2.62% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Haisung Aero-Robotics 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. Haisung Aero-Robotics Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.62%.

Haisung Aero-Robotics Co ROCE % Historical Data

The historical data trend for Haisung Aero-Robotics 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.

Haisung Aero-Robotics Co ROCE % Chart

Haisung Aero-Robotics Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-3.67

-1.50

-2.44

-2.28

-1.87

Haisung Aero-Robotics Co Quarterly Data
	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial												-2.27	2.75	-1.84	-5.54	-2.62

Haisung Aero-Robotics Co ROCE % Calculation

Haisung Aero-Robotics 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 )
	=	-777.962	/	( ( (44359.665 - 2393.911)	+	(43653.934 - 2262.302) )	/ 2 )
	=	-777.962	/	( (41965.754	+	41391.632)	/ 2 )
	=	-777.962	/	41678.693
	=	-1.87 %

Haisung Aero-Robotics 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 )
	=	-1087.44	/	( ( (44020.137 - 2363.639)	+	(43653.934 - 2262.302) )	/ 2 )
	=	-1087.44	/	( ( 41656.498	+	41391.632 )	/ 2 )
	=	-1087.44	/	41524.065
	=	-2.62 %

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

Haisung Aero-Robotics Co (XKRX:059270) 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.

Haisung Aero-Robotics Co ROCE % Related Terms

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

Haisung Aero-Robotics Co (XKRX:059270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Haisung Aero-Robotics Co Ltd (XKRX:059270) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

132B-6L, 551 Neungheodae-ro, Namdong-gu, Incheon, KOR, 21699

Website

http://www.haisung.co.kr

Haisung TPC Co Ltd is a gear, decelerator, and accelerator manufacturing technology developer. The company produces and sells elevator decelerator, industrial decelerator, cycloid decelerator, and other products.

Haisung Aero-Robotics Co (XKRX:059270) Headlines

No Headlines