Sinsiway Co (XKRX:290560) ROCE % : 41.50% (As of Dec. 2024)

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What is Sinsiway 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. Sinsiway Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 41.50%.

Sinsiway Co ROCE % Historical Data

The historical data trend for Sinsiway 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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Sinsiway Co ROCE % Chart

Sinsiway Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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6.64

9.55

18.71

-0.12

14.35

Sinsiway Co Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial						-19.10	-3.24	11.75	7.21	41.50

Sinsiway Co ROCE % Calculation

Sinsiway 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 )
	=	3082.923	/	( ( (22922.545 - 2813.634)	+	(25307.015 - 2437.773) )	/ 2 )
	=	3082.923	/	( (20108.911	+	22869.242)	/ 2 )
	=	3082.923	/	21489.0765
	=	14.35 %

Sinsiway 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 )
	=	9098.244	/	( ( (22242.188 - 1263.56)	+	(25307.015 - 2437.773) )	/ 2 )
	=	9098.244	/	( ( 20978.628	+	22869.242 )	/ 2 )
	=	9098.244	/	21923.935
	=	41.50 %

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

Sinsiway Co (XKRX:290560) 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.

Sinsiway Co ROCE % Related Terms

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Sinsiway Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sinsiway Co Ltd (XKRX:290560) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Room 405, Building D, H Business Park, 26, Beopwon-ro 9-gil, Songpa-gu, Seoul, KOR

Website

https://www.sinsiway.com

Sinsiway Co Ltd is a Korean Based Company whose main business is the data security business, and the products they develop and produce include DB access control and database access control to protect important information (data) such as personal information and sensitive information stored in the database (DB) and system. It is engaged in a business with DB encryption and file encryption products for all companies that store and manage important information, including the public, financial, manufacturing, and service industries.

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