HD Hyundai Heavy Industries (XKRX:329180) ROCE % : 6.71% (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is HD Hyundai Heavy Industries 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. HD Hyundai Heavy Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 6.71%.

HD Hyundai Heavy Industries ROCE % Historical Data

The historical data trend for HD Hyundai Heavy Industries'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.

HD Hyundai Heavy Industries ROCE % Chart

HD Hyundai Heavy Industries Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-0.29

-4.87

-12.44

-4.14

2.31

HD Hyundai Heavy Industries 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															1.66	3.03	4.18	13.61	6.71

HD Hyundai Heavy Industries ROCE % Calculation

HD Hyundai Heavy Industries'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 )
	=	166253.002	/	( ( (16289398.053 - 9072004.186)	+	(17133618.109 - 9945027.489) )	/ 2 )
	=	166253.002	/	( (7217393.867	+	7188590.62)	/ 2 )
	=	166253.002	/	7202992.2435
	=	2.31 %

HD Hyundai Heavy Industries'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 )
	=	466016.892	/	( ( (17698437.427 - 10459005.708)	+	(16855864.062 - 10205261.17) )	/ 2 )
	=	466016.892	/	( ( 7239431.719	+	6650602.892 )	/ 2 )
	=	466016.892	/	6945017.3055
	=	6.71 %

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

HD Hyundai Heavy Industries (XKRX:329180) 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.

HD Hyundai Heavy Industries ROCE % Related Terms

Thank you for viewing the detailed overview of HD Hyundai Heavy Industries's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

HD Hyundai Heavy Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » HD Hyundai Heavy Industries (XKRX:329180) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000, Bangeojinsunhwan-doro, Dong-gu, Ulsan, KOR, 44032

Website

http://www.hhi.co.kr

HD Hyundai Heavy Industries is a heavy industries company diversifying from shipbuilding into offshore and engineering, and engine and machinery.

HD Hyundai Heavy Industries Headlines

No Headlines