HD Hyundai (XKRX:267250) ROCE % : 8.80% (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is HD Hyundai 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. HD Hyundai's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.80%.

HD Hyundai ROCE % Historical Data

The historical data trend for HD Hyundai'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.

HD Hyundai ROCE % Chart

HD Hyundai Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.06

-4.31

3.42

11.16

4.75

HD Hyundai Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															4.33	5.08	6.91	2.30	8.80

HD Hyundai ROCE % Calculation

HD Hyundai'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 )
	=	1869958.988	/	( ( (65570861.076 - 26274593.765)	+	(67982820.888 - 28532163.119) )	/ 2 )
	=	1869958.988	/	( (39296267.311	+	39450657.769)	/ 2 )
	=	1869958.988	/	39373462.54
	=	4.75 %

HD Hyundai'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 )
	=	3463408.6	/	( ( (67982820.888 - 28532163.119)	+	(69793249.006 - 30490177.737) )	/ 2 )
	=	3463408.6	/	( ( 39450657.769	+	39303071.269 )	/ 2 )
	=	3463408.6	/	39376864.519
	=	8.80 %

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

HD Hyundai (XKRX:267250) 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.

HD Hyundai ROCE % Related Terms

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

HD Hyundai (XKRX:267250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HD Hyundai (XKRX:267250) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

477, Bundangsuseo-ro, Bundang-gu, Gyeonggi-do, Gyeonggi-do, Seongnam-si, KOR

Website

http://www.hd-hyundai.com

HD Hyundai is engaged in shipbuilding, heavy equipment, machine, and petroleum business. The group has six reportable segments which include shipbuilding and offshore, Oil refining, Electrical electronics, Construction equipment, Ship maintenance service, and others. The Oil refining segment generates the majority of its revenue which is engaged in the Oil refining business.

HD Hyundai (XKRX:267250) Headlines

No Headlines