SK Chemicals Co (XKRX:285130) ROCE % : 0.38% (As of Dec. 2024)

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What is SK Chemicals 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. SK Chemicals Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.38%.

SK Chemicals Co ROCE % Historical Data

The historical data trend for SK Chemicals 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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SK Chemicals Co ROCE % Chart

SK Chemicals Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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10.04

25.29

8.76

2.72

0.36

SK Chemicals Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-0.30	-0.32	2.02	-0.53	0.38

SK Chemicals Co ROCE % Calculation

SK Chemicals Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	13998.501	/	( ( (4158774.904 - 830211.385)	+	(5367048.627 - 983245.943) )	/ 2 )
	=	13998.501	/	( (3328563.519	+	4383802.684)	/ 2 )
	=	13998.501	/	3856183.1015
	=	0.36 %

SK Chemicals Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	15349.648	/	( ( (4657859.799 - 916478.032)	+	(5367048.627 - 983245.943) )	/ 2 )
	=	15349.648	/	( ( 3741381.767	+	4383802.684 )	/ 2 )
	=	15349.648	/	4062592.2255
	=	0.38 %

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

SK Chemicals Co (XKRX:285130) 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.

SK Chemicals Co ROCE % Related Terms

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SK Chemicals Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SK Chemicals Co Ltd (XKRX:285130) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

28513K:Korea

Address

310, Pangyo-ro, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13494

Website

http://www.skchemicals.com

SK Chemicals Co Ltd is mainly engaged in manufacturing chemical products in Korea. The Green Chemicals of the company include Copolyester, 3D Printing Materials, Coating, and Adhesive Material, Engineering Plastic and BioMaterial among others. The company is also involved in Life science business which includes Prescription Medicines, Vaccines, and OTC Medicines.

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