Yujin Technology Co (XKRX:240600) ROCE % : 4.07% (As of Mar. 2024)

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What is Yujin Technology 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. Yujin Technology Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.07%.

Yujin Technology Co ROCE % Historical Data

The historical data trend for Yujin Technology 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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Yujin Technology Co ROCE % Chart

Yujin Technology Co Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-22.35

15.58

12.64

Yujin Technology Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								54.63	10.70	15.27	-51.49	4.07

Yujin Technology Co ROCE % Calculation

Yujin Technology 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 )
	=	3350.939	/	( ( (45662.358 - 18305.982)	+	(53097.52 - 27414.483) )	/ 2 )
	=	3350.939	/	( (27356.376	+	25683.037)	/ 2 )
	=	3350.939	/	26519.7065
	=	12.64 %

Yujin Technology 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 )
	=	2133.976	/	( ( (70492.064 - 18284.737)	+	(70957.073 - 18244.555) )	/ 2 )
	=	2133.976	/	( ( 52207.327	+	52712.518 )	/ 2 )
	=	2133.976	/	52459.9225
	=	4.07 %

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

Yujin Technology Co (XKRX:240600) 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.

Yujin Technology Co ROCE % Related Terms

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Yujin Technology Co (XKRX:240600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yujin Technology Co Ltd (XKRX:240600) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

42, 2sunhwan-ro, 742beon-gil, Heungdeok-gu, chungcheongbuk-do, Cheongju-si, KOR

Website

http://www.yujintechnology.com

Yujin Technology Co Ltd is a company who manufactures and supplies precision molds, precision mechanical parts, and automation equipment necessary for manufacturing secondary batteries, and is engaged in the business of producing and supplying lead tabs, a secondary battery materials.

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