GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Daejoo Electronic Materials Co Ltd (XKRX:078600) » Definitions » ROCE %

Daejoo Electronic Materials Co (XKRX:078600) ROCE % : 15.30% (As of Sep. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Daejoo Electronic Materials 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. Daejoo Electronic Materials Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 15.30%.


Daejoo Electronic Materials Co ROCE % Historical Data

The historical data trend for Daejoo Electronic Materials 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.

Daejoo Electronic Materials Co ROCE % Chart

Daejoo Electronic Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 6.21 11.12 5.41 5.92

Daejoo Electronic Materials 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.62 5.12 15.99 16.34 15.30

Daejoo Electronic Materials Co ROCE % Calculation

Daejoo Electronic Materials 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 )
=8830.272/( ( (327888.921 - 195973.479) + (413411.034 - 246992.902) )/ 2 )
=8830.272/( (131915.442+166418.132)/ 2 )
=8830.272/149166.787
=5.92 %

Daejoo Electronic Materials 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 )
=32564.144/( ( (548969.046 - 343292.823) + (562450.751 - 342492.824) )/ 2 )
=32564.144/( ( 205676.223 + 219957.927 )/ 2 )
=32564.144/212817.075
=15.30 %

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

* 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.


Daejoo Electronic Materials Co  (XKRX:078600) 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.


Daejoo Electronic Materials Co ROCE % Related Terms

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


Daejoo Electronic Materials Co Business Description

Traded in Other Exchanges
N/A
Address
148, Seohaean-Ro, Siheung, KOR, 429-848
Daejoo Electronic Materials Co Ltd manufactures and markets various materials for electronic components in South Korea. Its products include conductive paste, solar-cell paste, phosphor, polymer materials, lithium-ion battery anode materials, metal powder, glass materials, OLED materials, and graphene.

Daejoo Electronic Materials Co Headlines

No Headlines