Hana Financial Twenty-one Special Purpose Acquisition Co (XKRX:406760) ROCE % : 2.59% (As of Sep. 2024)

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What is Hana Financial Twenty-one Special Purpose Acquisition 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. Hana Financial Twenty-one Special Purpose Acquisition Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.59%.

Hana Financial Twenty-one Special Purpose Acquisition Co ROCE % Historical Data

The historical data trend for Hana Financial Twenty-one Special Purpose Acquisition 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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Hana Financial Twenty-one Special Purpose Acquisition Co ROCE % Chart

Hana Financial Twenty-one Special Purpose Acquisition Co Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-0.47

1.61

2.81

Hana Financial Twenty-one Special Purpose Acquisition Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial						3.13	2.78	0.79	2.42	2.59

Hana Financial Twenty-one Special Purpose Acquisition Co ROCE % Calculation

Hana Financial Twenty-one Special Purpose Acquisition 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 )
	=	418.813	/	( ( (14739.883 - 19.828)	+	(15147.862 - 28.418) )	/ 2 )
	=	418.813	/	( (14720.055	+	15119.444)	/ 2 )
	=	418.813	/	14919.7495
	=	2.81 %

Hana Financial Twenty-one Special Purpose Acquisition Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	394.508	/	( ( (15222.482 - 38.268)	+	(15326.999 - 37.418) )	/ 2 )
	=	394.508	/	( ( 15184.214	+	15289.581 )	/ 2 )
	=	394.508	/	15236.8975
	=	2.59 %

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

Hana Financial Twenty-one Special Purpose Acquisition Co (XKRX:406760) 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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Hana Financial Twenty-one Special Purpose Acquisition Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hana Financial Twenty-one Special Purpose Acquisition Co (XKRX:406760) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

82, Seongdang-daero, Yeongdeungpo-gu, Seoul, KOR

Website

Hana Financial Twenty-one Special Purpose Acquisition Co is a special purpose acquisition company.

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