Openknowl Co (XKRX:440320) ROCE % : 0.22% (As of Dec. 2024)

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What is Openknowl 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. Openknowl Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.22%.

Openknowl Co ROCE % Historical Data

The historical data trend for Openknowl 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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Openknowl Co ROCE % Chart

Openknowl Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

7.20

1.75

0.61

6.00

1.51

Openknowl Co Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial								13.70	3.30	0.77	-0.64	0.22

Openknowl Co ROCE % Calculation

Openknowl 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 )
	=	722.286	/	( ( (45553.451 - 5475.325)	+	(84027.9 - 28577.302) )	/ 2 )
	=	722.286	/	( (40078.126	+	55450.598)	/ 2 )
	=	722.286	/	47764.362
	=	1.51 %

Openknowl 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 )
	=	107.368	/	( ( (48900.114 - 7509.525)	+	(84027.9 - 28577.302) )	/ 2 )
	=	107.368	/	( ( 41390.589	+	55450.598 )	/ 2 )
	=	107.368	/	48420.5935
	=	0.22 %

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

Openknowl Co (XKRX:440320) 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.

Openknowl Co ROCE % Related Terms

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Openknowl Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Openknowl Co Ltd (XKRX:440320) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Yangpyeong-ro, 6-ga Dangsan-dong, Yeongdeungpo-gu, Seoul, KOR

Website

https://openknowl.com

Openknowl Co Ltd engages in software development, supply and advisory business, and education-related service business. Its main services are composed of Mini Intern, Recruitment Hall, and M Class services, and these services function organically within the platform to provide job seekers with a wide range of career opportunities. It provides career and recruitment services that provide career management such as educational services, job experience, and self-development. In addition, it offers a differentiated recruitment service by enabling job-oriented recruitment to recruit talented people whose job capabilities have been verified, rather than simply recruiting talent based on specifications.

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