Asicland Co (XKRX:445090) ROCE % : -5.45% (As of Jun. 2024)

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What is Asicland 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. Asicland Co's annualized ROCE % for the quarter that ended in Jun. 2024 was -5.45%.

Asicland Co ROCE % Historical Data

The historical data trend for Asicland 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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Asicland Co ROCE % Chart

Asicland Co Annual Data

Trend

Dec21

Dec22

ROCE %

254.18

203.28

Asicland Co Quarterly Data
	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	-	255.03	56.91	7.52	-5.45

Asicland Co ROCE % Calculation

Asicland Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	8526.259	/	( ( (42694.431 - 41524.706)	+	(74244.943 - 67026.161) )	/ 2 )
	=	8526.259	/	( (1169.725	+	7218.782)	/ 2 )
	=	8526.259	/	4194.2535
	=	203.28 %

Asicland 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 )
	=	-6175.636	/	( ( (159957.438 - 46701.009)	+	(154222.935 - 41013.068) )	/ 2 )
	=	-6175.636	/	( ( 113256.429	+	113209.867 )	/ 2 )
	=	-6175.636	/	113233.148
	=	-5.45 %

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

Asicland Co (XKRX:445090) 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.

Asicland Co ROCE % Related Terms

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Asicland Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Asicland Co Ltd (XKRX:445090) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

309, 60, Daehak-ro, Yeongtong-gu, Suwon-si, Gyeonggi-do, KOR

Website

http://www.asicland.com

Asicland Co Ltd is engaged in custom semiconductor design service and system-on-chip product development.

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