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E&H Co (XKRX:341310) ROCE % : -16.24% (As of Dec. 2023)


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What is E&H 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. E&H Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -16.24%.


E&H Co ROCE % Historical Data

The historical data trend for E&H 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.

E&H Co ROCE % Chart

E&H Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.15 64.32 14.94 -49.40 -16.24

E&H Co Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.15 64.32 14.94 -49.40 -16.24

E&H Co ROCE % Calculation

E&H 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 )
=-3085.687/( ( (28725.776 - 8647.389) + (25813.629 - 7897.852) )/ 2 )
=-3085.687/( (20078.387+17915.777)/ 2 )
=-3085.687/18997.082
=-16.24 %

E&H 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: Dec. 2022 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=-3085.687/( ( (28725.776 - 8647.389) + (25813.629 - 7897.852) )/ 2 )
=-3085.687/( ( 20078.387 + 17915.777 )/ 2 )
=-3085.687/18997.082
=-16.24 %

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

* 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.


E&H Co  (XKRX:341310) 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.


E&H Co ROCE % Related Terms

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E&H Co Business Description

Traded in Other Exchanges
N/A
Address
Jinhyunri Hwahyunmyun, Gyunggi, Pocheonsi, KOR, 299-66
E&H Co Ltd is a nonwoven fabric maker. The company sells its fabric for the household needs including air filter fabric for cars, sound absorption finishing touches materials for construction, artboard, wet towel and dish towel, industrial filter media including particulate and combination filter , pocket filter for air conditioning.

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