Finecircuit Co (XKRX:127980) ROCE % : 22.05% (As of Dec. 2024)

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What is Finecircuit 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. Finecircuit Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 22.05%.

Finecircuit Co ROCE % Historical Data

The historical data trend for Finecircuit 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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Finecircuit Co ROCE % Chart

Finecircuit Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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31.60

19.01

13.23

18.57

12.25

Finecircuit Co Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial												58.80	7.95	16.23	4.68	22.05

Finecircuit Co ROCE % Calculation

Finecircuit 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 )
	=	7674.127	/	( ( (105765.832 - 44017.897)	+	(107758.18 - 44170.905) )	/ 2 )
	=	7674.127	/	( (61747.935	+	63587.275)	/ 2 )
	=	7674.127	/	62667.605
	=	12.25 %

Finecircuit 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 )
	=	13347.776	/	( ( (98294.794 - 40787.157)	+	(107758.18 - 44170.905) )	/ 2 )
	=	13347.776	/	( ( 57507.637	+	63587.275 )	/ 2 )
	=	13347.776	/	60547.456
	=	22.05 %

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

Finecircuit Co (XKRX:127980) 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.

Finecircuit Co ROCE % Related Terms

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Finecircuit Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Finecircuit Co Ltd (XKRX:127980) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

71, Namdong-daero, Namdong Industrial Complex 129 B2, Gojan-dong, 79beon-gil, Namdong-gu, Incheon, KOR

Website

http://finecircuit.co.kr

Finecircuit Co Ltd is engaged in the manufacturing of various types of Rigid Printed Circuit Boards. It maintains business with Samsung Electronics, which manufactures home appliances and various electronic equipment using PCB as parts.

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