Hwashin Precision Co (XKRX:126640) ROCE % : 11.33% (As of Dec. 2024)

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What is Hwashin Precision 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. Hwashin Precision Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 11.33%.

Hwashin Precision Co ROCE % Historical Data

The historical data trend for Hwashin Precision 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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Hwashin Precision Co ROCE % Chart

Hwashin Precision Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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6.64

6.47

9.14

9.94

2.97

Hwashin Precision 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															10.98	3.58	7.82	-9.43	11.33

Hwashin Precision Co ROCE % Calculation

Hwashin Precision 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 )
	=	3443.7	/	( ( (197235.641 - 73953.925)	+	(169729.02 - 61148.32) )	/ 2 )
	=	3443.7	/	( (123281.716	+	108580.7)	/ 2 )
	=	3443.7	/	115931.208
	=	2.97 %

Hwashin Precision 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 )
	=	12549.764	/	( ( (180308.704 - 67279.796)	+	(169729.02 - 61148.32) )	/ 2 )
	=	12549.764	/	( ( 113028.908	+	108580.7 )	/ 2 )
	=	12549.764	/	110804.804
	=	11.33 %

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

Hwashin Precision Co (XKRX:126640) 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.

Hwashin Precision Co ROCE % Related Terms

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Hwashin Precision Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hwashin Precision Co Ltd (XKRX:126640) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

193, Donam-dong, Gyeongsangbuk-do, Yeongcheon-si, KOR

Website

http://hsp.hwashin.co.kr

Hwashin Precision Co Ltd is a Korea based automobile component manufacturing company. It manufactures automobile chassis components and other precision parts. The products offered by the company include rear cross member, rear lower arm, rear assist arm, fuel tank, pedal, rear axle housing assembly, rear CTBA, front lower arm, REINF side outer, center floor, rear floor, bumper rail, cowl complete, and cowl cross bar, among other products.

Hwashin Precision Co Headlines

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