Korchip (XKRX:126730) ROCE % : 3.03% (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Korchip 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. Korchip's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.03%.

Korchip ROCE % Historical Data

The historical data trend for Korchip'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.

Korchip ROCE % Chart

Korchip Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-51.31

10.96

43.74

40.60

27.46

Korchip Quarterly Data
	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial			48.60	17.96	41.14	4.90	3.03

Korchip ROCE % Calculation

Korchip'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 )
	=	6256.783	/	( ( (30353.168 - 9532.073)	+	(37495.381 - 12752.859) )	/ 2 )
	=	6256.783	/	( (20821.095	+	24742.522)	/ 2 )
	=	6256.783	/	22781.8085
	=	27.46 %

Korchip'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 )
	=	1646.2	/	( ( (64977.21 - 10696.411)	+	(63918.36 - 9584.62) )	/ 2 )
	=	1646.2	/	( ( 54280.799	+	54333.74 )	/ 2 )
	=	1646.2	/	54307.2695
	=	3.03 %

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

Korchip (XKRX:126730) 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.

Korchip ROCE % Related Terms

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

Korchip Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Korchip Corp (XKRX:126730) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

359 Manan-ro, Manan-gu, Kochip Building, Gyeonggi-do, Anyang-dong, Anyang-si, KOR

Website

https://www.korchip.com

Korchip Corp is a company that manufactures and sells carbon-based small and ultra-small secondary batteries among the carbon-based secondary batteries called supercapacitors. In addition, they sell MLCC (Multilayer Ceramic Capacitors, manufactured by Samsung Electro-Mechanics), known as the rice of the electronics industry.

Korchip Headlines

No Headlines