Newtree Co (XKRX:270870) ROCE % : -13.37% (As of Sep. 2024)

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What is Newtree 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. Newtree Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -13.37%.

Newtree Co ROCE % Historical Data

The historical data trend for Newtree 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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Newtree Co ROCE % Chart

Newtree Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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21.88

31.20

23.20

6.42

5.28

Newtree Co 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															4.69	14.16	15.65	21.48	-13.37

Newtree Co ROCE % Calculation

Newtree 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 )
	=	6113.812	/	( ( (146684.306 - 34571.677)	+	(132731.838 - 13356.785) )	/ 2 )
	=	6113.812	/	( (112112.629	+	119375.053)	/ 2 )
	=	6113.812	/	115743.841
	=	5.28 %

Newtree Co'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 )
	=	-17684.388	/	( ( (150412.505 - 13933.059)	+	(140312.462 - 12302.805) )	/ 2 )
	=	-17684.388	/	( ( 136479.446	+	128009.657 )	/ 2 )
	=	-17684.388	/	132244.5515
	=	-13.37 %

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

Newtree Co (XKRX:270870) 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.

Newtree Co ROCE % Related Terms

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Newtree Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Newtree Co Ltd (XKRX:270870) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

124 Sagimakgol-ro, 11th Floor Techcenter, SK n Technopark, Joongwon-gu, Gyeonggi-do, Seongnam-si, KOR, 13207

Website

http://www.newtree.co.kr

Newtree Co Ltd is a South Korea based company engaged in the research and development of biotechnology-based ingredients and products of healthy beauty. It develops products that can properly supplement nutrients essential to the body. It offers skin care, weight management, and health functional food products as well as health supplements. Products offered by the company include EVERCOLLAGEN, PANDORADIET, WEGUARD FOR STOMACH, COREFOOD, and skin essence ampoule.

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