W-Scope Chungju Plant Co (XKRX:393890) ROCE % : 1.17% (As of Mar. 2024)

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What is W-Scope Chungju Plant 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. W-Scope Chungju Plant Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.17%.

W-Scope Chungju Plant Co ROCE % Historical Data

The historical data trend for W-Scope Chungju Plant 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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W-Scope Chungju Plant Co ROCE % Chart

W-Scope Chungju Plant Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-1.90

-7.29

-0.38

8.52

5.41

W-Scope Chungju Plant Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								10.26	6.14	4.87	0.91	1.17

W-Scope Chungju Plant Co ROCE % Calculation

W-Scope Chungju Plant 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 )
	=	56367.931	/	( ( (1078240.739 - 115150.107)	+	(1358510.063 - 238910.524) )	/ 2 )
	=	56367.931	/	( (963090.632	+	1119599.539)	/ 2 )
	=	56367.931	/	1041345.0855
	=	5.41 %

W-Scope Chungju Plant 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 )
	=	13467.06	/	( ( (1358510.063 - 238910.524)	+	(1460379.726 - 280830.591) )	/ 2 )
	=	13467.06	/	( ( 1119599.539	+	1179549.135 )	/ 2 )
	=	13467.06	/	1149574.337
	=	1.17 %

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

W-Scope Chungju Plant Co (XKRX:393890) 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.

W-Scope Chungju Plant Co ROCE % Related Terms

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W-Scope Chungju Plant Co (XKRX:393890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » W-Scope Chungju Plant Co Ltd (XKRX:393890) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Shinagawa-ku, Tokyo, JPN

Website

https://wcp.kr

W-Scope Chungju Plant Co Ltd is engaged in the business of battery parts and materials for automobiles and energy storage.

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