Gaonchips Co (XKRX:399720) ROCE % : 16.47% (As of Dec. 2024)

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What is Gaonchips 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. Gaonchips Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 16.47%.

Gaonchips Co ROCE % Historical Data

The historical data trend for Gaonchips 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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Gaonchips Co ROCE % Chart

Gaonchips Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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14.67

33.99

10.51

8.84

8.11

Gaonchips Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial										15.48	-2.16	5.98	12.25	16.47

Gaonchips Co ROCE % Calculation

Gaonchips Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	5929.286	/	( ( (94609.679 - 24817.647)	+	(112708.406 - 36227.942) )	/ 2 )
	=	5929.286	/	( (69792.032	+	76480.464)	/ 2 )
	=	5929.286	/	73136.248
	=	8.11 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	12272.604	/	( ( (103363.945 - 30791.001)	+	(112708.406 - 36227.942) )	/ 2 )
	=	12272.604	/	( ( 72572.944	+	76480.464 )	/ 2 )
	=	12272.604	/	74526.704
	=	16.47 %

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

Gaonchips Co (XKRX:399720) 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.

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Gaonchips Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Gaonchips Co Ltd (XKRX:399720) » Definitions » ROCE %

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Address

Pangyo-ro 255beon-gil, B Tower 6th Floor, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13486

Website

http://www.gaonchips.com

Gaonchips Co Ltd is a chip enterprise specializing in system semiconductor development. It provides all solutions necessary for developing and producing massive system semiconductors, ranging from RTL and Platform Design and Verification, DFT Insertion, and Layout, to packaging and test.

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