ICH Co (XKRX:368600) ROCE % : 10.66% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is ICH 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. ICH Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.66%.

ICH Co ROCE % Historical Data

The historical data trend for ICH 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.

ICH Co ROCE % Chart

ICH Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

30.01

20.14

33.23

-13.17

-13.59

ICH Co Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial							-12.16	-20.24	-18.88	0.32	10.66

ICH Co ROCE % Calculation

ICH 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 )
	=	-10639.737	/	( ( (82302.546 - 9336.821)	+	(119453.404 - 35860.34) )	/ 2 )
	=	-10639.737	/	( (72965.725	+	83593.064)	/ 2 )
	=	-10639.737	/	78279.3945
	=	-13.59 %

ICH Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	9768.732	/	( ( (119453.404 - 35860.34)	+	(123983.553 - 24231.768) )	/ 2 )
	=	9768.732	/	( ( 83593.064	+	99751.785 )	/ 2 )
	=	9768.732	/	91672.4245
	=	10.66 %

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

ICH Co (XKRX:368600) 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.

ICH Co ROCE % Related Terms

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

ICH Co (XKRX:368600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ICH Co Ltd (XKRX:368600) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

13, Humsaejeonli-gil, Gyeonggi-do, Dangjeong-dong, Gunpo-si, KOR

Website

http://www.ch-ich.com

ICH Co Ltd is a company specializing in cutting-edge film-type circuit materials. It develops raw materials that are essential for various IT electrical and electronic devices and structure them in a multi-layered structure. The company produces thin film antennas, electromagnetic shielding gaskets, and other products.

ICH Co (XKRX:368600) Headlines

No Headlines