Chungdam Global Co (XKRX:362320) ROCE % : -38.67% (As of Dec. 2023)

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What is Chungdam Global 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. Chungdam Global Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -38.67%.

Chungdam Global Co ROCE % Historical Data

The historical data trend for Chungdam Global 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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Chungdam Global Co ROCE % Chart

Chungdam Global Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

ROCE %

25.50

15.56

33.47

13.45

Chungdam Global Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial						-43.01	20.31	15.70	11.89	-38.67

Chungdam Global Co ROCE % Calculation

Chungdam Global Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	7470.803	/	( ( (47946.487 - 9284.426)	+	(98231.535 - 25780.422) )	/ 2 )
	=	7470.803	/	( (38662.061	+	72451.113)	/ 2 )
	=	7470.803	/	55556.587
	=	13.45 %

Chungdam Global 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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-27922.108	/	( ( (147830.714 - 69972.744)	+	(114190.961 - 47651.695) )	/ 2 )
	=	-27922.108	/	( ( 77857.97	+	66539.266 )	/ 2 )
	=	-27922.108	/	72198.618
	=	-38.67 %

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

Chungdam Global Co (XKRX:362320) 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.

Chungdam Global Co ROCE % Related Terms

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Chungdam Global Co (XKRX:362320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chungdam Global Co Ltd (XKRX:362320) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rm. 2401, Building B, Songdo Centroad Office, 23, Incheon tower-daero, Yeonsu-gu, Incheon, KOR

Website

http://www.chungdamgroup.com

Chungdam Global Co Ltd operates as a distributor that offers a total value distribution platform, which streamlined marketing and distribution for brand lands of high-potential products. It offers cosmetics like Toner, Cream, Serum, Mask, among other.

Chungdam Global Co (XKRX:362320) Headlines

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