Great New wave Coming Co (XKRX:065060) ROCE % : -23.10% (As of Dec. 2024)

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What is Great New wave Coming 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. Great New wave Coming Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -23.10%.

Great New wave Coming Co ROCE % Historical Data

The historical data trend for Great New wave Coming 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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Great New wave Coming Co ROCE % Chart

Great New wave Coming Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-9.14

-8.96

-4.54

5.56

-2.83

Great New wave Coming 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															-16.14	-2.83	18.88	-4.17	-23.10

Great New wave Coming Co ROCE % Calculation

Great New wave Coming 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 )
	=	-4372.792	/	( ( (235816.068 - 78867.754)	+	(233844.943 - 81387.262) )	/ 2 )
	=	-4372.792	/	( (156948.314	+	152457.681)	/ 2 )
	=	-4372.792	/	154702.9975
	=	-2.83 %

Great New wave Coming 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 )
	=	-36282.496	/	( ( (240261.357 - 78620.268)	+	(233844.943 - 81387.262) )	/ 2 )
	=	-36282.496	/	( ( 161641.089	+	152457.681 )	/ 2 )
	=	-36282.496	/	157049.385
	=	-23.10 %

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

Great New wave Coming Co (XKRX:065060) 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.

Great New wave Coming Co ROCE % Related Terms

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Great New wave Coming Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Great New wave Coming Co Ltd (XKRX:065060) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

GNCO Bldg. 38 Munjeong-dong, Songpa-gu, Seoul, KOR, 138-279

Website

http://www.gnco.co.kr

Great New wave Coming Co Ltd is a fashion company engaged in manufacturing and selling of various kinds of casual outfits, menswear, and womenswear. The company offers different range of products under brand name such as Thursday Island, T.I. FOR MEN, ELOQ, Loudmut, and Phenom.

Great New wave Coming Co Headlines

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