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AHA Co (XKRX:102950) ROCE % : -37.58% (As of Mar. 2023)


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What is AHA 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. AHA Co's annualized ROCE % for the quarter that ended in Mar. 2023 was -37.58%.


AHA Co ROCE % Historical Data

The historical data trend for AHA 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.

AHA Co ROCE % Chart

AHA Co Annual Data
Trend Mar21 Mar22 Mar23
ROCE %
11.25 11.15 -0.15

AHA Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -17.47 12.29 14.99 7.17 -37.58

AHA Co ROCE % Calculation

AHA Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=-72.468/( ( (77086.475 - 28782.028) + (89283.367 - 41628.611) )/ 2 )
=-72.468/( (48304.447+47654.756)/ 2 )
=-72.468/47979.6015
=-0.15 %

AHA Co's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=-19006.468/( ( (94646.2 - 41150.156) + (89283.367 - 41628.611) )/ 2 )
=-19006.468/( ( 53496.044 + 47654.756 )/ 2 )
=-19006.468/50575.4
=-37.58 %

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


AHA Co  (XKRX:102950) 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.


AHA Co ROCE % Related Terms

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AHA Co (XKRX:102950) Business Description

Traded in Other Exchanges
N/A
Address
67, Hwanggeum-ro 109beon-gil, Yangchon-eup, Gyeonggi-do, Gimpo-si, KOR
AHA Co Ltd is mainly engaged in the healthcare business including air sterilization purifiers, edutech business including electronic blackboard and electronic lecture tables, and electric vehicle charger business. It develops and manufactures the IFPD, air sterilization purifiers, smart podiums, digital signage, and smart table.

AHA Co (XKRX:102950) Headlines

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