IK Semicon Co (XKRX:149010) ROCE % : 17.66% (As of Dec. 2023)

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What is IK Semicon 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. IK Semicon Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 17.66%.

IK Semicon Co ROCE % Historical Data

The historical data trend for IK Semicon 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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IK Semicon Co ROCE % Chart

IK Semicon Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.89

11.78

27.77

35.73

17.66

IK Semicon Co Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial					10.89	11.78	27.77	35.73	17.66

IK Semicon Co ROCE % Calculation

IK Semicon Co'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 )
	=	2222.55	/	( ( (14294.231 - 2444.619)	+	(15460.641 - 2138.859) )	/ 2 )
	=	2222.55	/	( (11849.612	+	13321.782)	/ 2 )
	=	2222.55	/	12585.697
	=	17.66 %

IK Semicon Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	2222.55	/	( ( (14294.231 - 2444.619)	+	(15460.641 - 2138.859) )	/ 2 )
	=	2222.55	/	( ( 11849.612	+	13321.782 )	/ 2 )
	=	2222.55	/	12585.697
	=	17.66 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

IK Semicon Co (XKRX:149010) 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.

IK Semicon Co ROCE % Related Terms

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IK Semicon Co (XKRX:149010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » IK Semicon Co Ltd (XKRX:149010) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 503, DMC Hi-Tech Industrial Center, 330 SeongAm-ro, Mapo-gu, Seoul, KOR, 121-912

Website

http://www.iksemi.com

IK Semicon Co Ltd is a IC design fabless semiconductor company in the fields of analog and mixed signal, supplying core technology IC's for automotive, smoke detector, earth leakage detector, LED lightning and home appliances.

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