Ark Solutions (XKRX:203690) ROCE % : -43.15% (As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Ark Solutions 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. Ark Solutions's annualized ROCE % for the quarter that ended in Sep. 2024 was -43.15%.

Ark Solutions ROCE % Historical Data

The historical data trend for Ark Solutions'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.

Ark Solutions ROCE % Chart

Ark Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-7.76

-27.78

-30.66

-19.30

-75.76

Ark Solutions Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-44.01	-287.19	-5.45	-0.38	-43.15

Ark Solutions ROCE % Calculation

Ark Solutions'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 )
	=	-20338.144	/	( ( (57066.217 - 37943.072)	+	(77189.38 - 42622.78) )	/ 2 )
	=	-20338.144	/	( (19123.145	+	34566.6)	/ 2 )
	=	-20338.144	/	26844.8725
	=	-75.76 %

Ark Solutions'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 )
	=	-13564.764	/	( ( (65963.577 - 34084.855)	+	(62859.987 - 31859.17) )	/ 2 )
	=	-13564.764	/	( ( 31878.722	+	31000.817 )	/ 2 )
	=	-13564.764	/	31439.7695
	=	-43.15 %

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

Ark Solutions (XKRX:203690) 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.

Ark Solutions ROCE % Related Terms

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

Ark Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Ark Solutions Inc (XKRX:203690) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

218 Bongeunsa-ro, Gangnam-gu, 8th Floor, Seoul, KOR

Website

http://www.prostemics.com

Ark Solutions Inc operates in the Life and health sector. It conducts business through OEM manufacturing of wet tissues. The wet tissue manufacturing sector manufactures baby wet tissues, general wet tissues, bidet wet tissues, and others. The group researches and develops pharmaceuticals, cosmetics, and health-functional foods based on various biomaterials, and possesses ExoPlant Technology. Its business areas include Bio Business and Stem Cell cosmetics business.

Ark Solutions Headlines

No Headlines