HYTC Co (XKRX:148930) ROCE % : 6.09% (As of Mar. 2024)

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What is HYTC 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. HYTC Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.09%.

HYTC Co ROCE % Historical Data

The historical data trend for HYTC 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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HYTC Co ROCE % Chart

HYTC Co Annual Data

Trend

Dec11

Dec12

Dec19

Dec20

Dec21

Dec22

ROCE %

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6.44

9.51

25.44

33.89

5.80

HYTC Co Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial							17.98	7.74	2.40	9.27	6.09

HYTC Co ROCE % Calculation

HYTC Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	2677.472	/	( ( (36164.686 - 6414.006)	+	(67507.443 - 4955.899) )	/ 2 )
	=	2677.472	/	( (29750.68	+	62551.544)	/ 2 )
	=	2677.472	/	46151.112
	=	5.80 %

HYTC Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	4064.516	/	( ( (71495.167 - 4832.798)	+	(71550.101 - 4824.517) )	/ 2 )
	=	4064.516	/	( ( 66662.369	+	66725.584 )	/ 2 )
	=	4064.516	/	66693.9765
	=	6.09 %

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

HYTC Co (XKRX:148930) 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.

HYTC Co ROCE % Related Terms

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HYTC Co (XKRX:148930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » HYTC Co Ltd (XKRX:148930) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-14, Sanbon-ro, 101 beon-gil, Gyeonggi-do, Gunpo-si, KOR

Website

http://www.hyseoul.com

HYTC Co Ltd operates electronic component development businesses. The company produces battery equipment parts, battery precision parts, battery molds, insulated board punching molds, Center of Jelly-roll, and PX- Shafts.

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