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HD Hyundai Marine Solution Co (XKRX:443060) ROCE % : 45.71% (As of Dec. 2024)


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What is HD Hyundai Marine Solution 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. HD Hyundai Marine Solution Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 45.71%.


HD Hyundai Marine Solution Co ROCE % Historical Data

The historical data trend for HD Hyundai Marine Solution 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.

HD Hyundai Marine Solution Co ROCE % Chart

HD Hyundai Marine Solution Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only 51.68 51.25 71.79 87.22 55.91

HD Hyundai Marine Solution Co Quarterly Data
Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
ROCE % Get a 7-Day Free Trial - 67.28 66.87 45.14 45.71

HD Hyundai Marine Solution Co ROCE % Calculation

HD Hyundai Marine Solution 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 )
=301467.248/( ( (656618.146 - 387790.345) + (1152227.968 - 342617.751) )/ 2 )
=301467.248/( (268827.801+809610.217)/ 2 )
=301467.248/539219.009
=55.91 %

HD Hyundai Marine Solution 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 )
=346560.024/( ( (1092452.386 - 385699.292) + (1152227.968 - 342617.751) )/ 2 )
=346560.024/( ( 706753.094 + 809610.217 )/ 2 )
=346560.024/758181.6555
=45.71 %

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

* 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.


HD Hyundai Marine Solution Co  (XKRX:443060) 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.


HD Hyundai Marine Solution Co ROCE % Related Terms

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HD Hyundai Marine Solution Co Business Description

Traded in Other Exchanges
N/A
Address
7th floor , 79 Centum Jungang-ro, Haeundae-gu, U-dong, Centum Science Park, Busan, KOR
HD Hyundai Marine Solution Co Ltd is a company that is engaged in a ship-after-service business that provides necessary services throughout the ship life cycle after delivery of a new ship. They provide products and services in four categories that includes AM solutions, bunkering, eco-friendly conversion, and SDV (Software Defined Vessels). AM Solutions provides maintenance/repair/management services for ships and engines mounted on ships, land-based power generation technology services using engines, and paid/free warranty agency services for ships built by HD Hyundai Group.

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