Dawon Nexview Co (XKRX:323350) ROCE % : -211.67% (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Dawon Nexview 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. Dawon Nexview Co's annualized ROCE % for the quarter that ended in Jun. 2024 was -211.67%.

Dawon Nexview Co ROCE % Historical Data

The historical data trend for Dawon Nexview 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.

* Premium members only.

Dawon Nexview Co ROCE % Chart

Dawon Nexview Co Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

Dawon Nexview Co Quarterly Data
	Jun23	Dec23	Jun24
ROCE %	-	-321.17	-211.67

Dawon Nexview Co ROCE % Calculation

Dawon Nexview 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 )
	=	524.322	/	( ( (10582.432 - 24403.803)	+	(16889.943 - 12218.964) )	/ 2 )
	=	524.322	/	( (-13821.371	+	4670.979)	/ 2 )
	=	524.322	/	-4575.196
	=	-11.46 %

Dawon Nexview Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-21022.564	/	( ( (16889.943 - 12218.964)	+	(23641.465 - 8449.085) )	/ 2 )
	=	-21022.564	/	( ( 4670.979	+	15192.38 )	/ 2 )
	=	-21022.564	/	9931.6795
	=	-211.67 %

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

Dawon Nexview Co (XKRX:323350) 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.

Dawon Nexview Co ROCE % Related Terms

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

Dawon Nexview Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dawon Nexview Co Ltd (XKRX:323350) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

485 Shihwa hosu-ro, Danwon-gu, Gyeonggi-do, Ansan-si, KOR, 15616

Website

http://www.nexview.co.kr

Dawon Nexview Co Ltd is a South Korea based company involved in developing, manufacturing, selling and servicing laser-based process automation systems for the industrial markets. It provides laser joining systems for soldering, bonding and welding and laser machining systems for texturing, etching, marking, cutting and scribing to the mass production lines of high-tech industries such as semiconductor, display, mobile phone, automotive and so on.

Dawon Nexview Co Headlines

No Headlines