Jeju Beer Co (XKRX:276730) ROCE % : -29.99% (As of Dec. 2023)

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What is Jeju Beer 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. Jeju Beer Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -29.99%.

Jeju Beer Co ROCE % Historical Data

The historical data trend for Jeju Beer 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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Jeju Beer Co ROCE % Chart

Jeju Beer Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

ROCE %

-89.57

-33.50

-14.44

-43.80

Jeju Beer Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial										-132.83	-19.39	-61.12	-23.61	-29.99

Jeju Beer Co ROCE % Calculation

Jeju Beer 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 )
	=	-24334.01	/	( ( (92778.747 - 25040.131)	+	(61950.07 - 18580.003) )	/ 2 )
	=	-24334.01	/	( (67738.616	+	43370.067)	/ 2 )
	=	-24334.01	/	55554.3415
	=	-43.80 %

Jeju Beer Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-8221.42	/	( ( (55605.252 - 26110.631)	+	(49766.912 - 24441.317) )	/ 2 )
	=	-8221.42	/	( ( 29494.621	+	25325.595 )	/ 2 )
	=	-8221.42	/	27410.108
	=	-29.99 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Jeju Beer Co (XKRX:276730) 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.

Jeju Beer Co ROCE % Related Terms

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Jeju Beer Co (XKRX:276730) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Jeju Beer Co Ltd (XKRX:276730) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Agricultural Road 62-11, 228 Dong Dong, 38 Building, 6th Floor, Jung-gu, Seoul, KOR

Website

https://www.jejubeer.co.kr

Jeju Beer Co Ltd is engaged in the alcoholic beverage manufacturing industry.

Jeju Beer Co (XKRX:276730) Headlines

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