KNS Co (XKRX:432470) ROCE % : 6.04% (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is KNS 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. KNS Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 6.04%.

KNS Co ROCE % Historical Data

The historical data trend for KNS 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.

KNS Co ROCE % Chart

KNS Co Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

28.36

31.05

12.97

KNS Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	-	25.04	32.82	2.63	6.04

KNS Co ROCE % Calculation

KNS 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 )
	=	4297.002	/	( ( (39489.657 - 17800.242)	+	(60845.935 - 16283.706) )	/ 2 )
	=	4297.002	/	( (21689.415	+	44562.229)	/ 2 )
	=	4297.002	/	33125.822
	=	12.97 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	2956.214	/	( ( (60845.935 - 16283.706)	+	(61009.237 - 7603.963) )	/ 2 )
	=	2956.214	/	( ( 44562.229	+	53405.274 )	/ 2 )
	=	2956.214	/	48983.7515
	=	6.04 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

KNS Co (XKRX:432470) 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.

KNS Co ROCE % Related Terms

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

KNS Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KNS Co Ltd (XKRX:432470) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

446-9, Seotan-ro, Seotan-myeon, Gyeonggi-do, Pyeongtaek-si, 17704, KOR

Website

http://www.knssystem.com

KNS Co Ltd is a company which focuses on the design and production of automation equipment, where it supplies a variety of automation equipment products such as automobile parts which includes door connectors, terminal pressers and semiconductor parts vacuum packaging machines. Their main product is automated equipment that manufactures CIDs which is current interrupting devices that are mounted on cylindrical batteries, among secondary batteries. In addition, their main product line is automated equipment that manufactures BMA parts which are known as battery overheating detection devices equipped with multiple pouch-type batteries.

KNS Co Headlines

No Headlines