LS Eco Energy (XKRX:229640) ROCE % : 26.46% (As of Sep. 2024)

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What is LS Eco Energy 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. LS Eco Energy's annualized ROCE % for the quarter that ended in Sep. 2024 was 26.46%.

LS Eco Energy ROCE % Historical Data

The historical data trend for LS Eco Energy'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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LS Eco Energy ROCE % Chart

LS Eco Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.57

9.66

14.00

1.86

13.19

LS Eco Energy 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															16.99	9.98	27.49	46.22	26.46

LS Eco Energy ROCE % Calculation

LS Eco Energy'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 )
	=	21397.717	/	( ( (506732.778 - 343442.23)	+	(408424.61 - 247178.066) )	/ 2 )
	=	21397.717	/	( (163290.548	+	161246.544)	/ 2 )
	=	21397.717	/	162268.546
	=	13.19 %

LS Eco Energy'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 )
	=	48209.948	/	( ( (465325.58 - 285929.815)	+	(441261.97 - 256311.845) )	/ 2 )
	=	48209.948	/	( ( 179395.765	+	184950.125 )	/ 2 )
	=	48209.948	/	182172.945
	=	26.46 %

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

LS Eco Energy (XKRX:229640) 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.

LS Eco Energy ROCE % Related Terms

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LS Eco Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LS Eco Energy (XKRX:229640) » Definitions » ROCE %

Traded in Other Exchanges

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Address

4th floor, LS Yongsan Tower, 92 Hangang-daero, Yongsan-gu, Seoul, KOR

Website

https://www.lsecoenergy.com

LS Eco Energy is a company involved in power, communication cable production, engineering, and construction technology. It produces power cables of various specifications from low voltage to ultra-high voltage based on the company's world-class technology through its subsidiaries. It supplies a variety of communication cables to build digital networks that connect the world. In the rapidly changing communications industry, we supply optical cables and UTP cables that are essential for implementing various multimedia systems such as 5G high-speed communication networks.

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