Ecopro Materials Co (XKRX:450080) ROCE % : -4.26% (As of Dec. 2024)

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What is Ecopro Materials 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. Ecopro Materials Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -4.26%.

Ecopro Materials Co ROCE % Historical Data

The historical data trend for Ecopro Materials 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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Ecopro Materials Co ROCE % Chart

Ecopro Materials Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

ROCE %

-8.62

8.00

1.71

-6.89

Ecopro Materials Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial							0.54	-4.57	-1.40	-19.33	-4.26

Ecopro Materials Co ROCE % Calculation

Ecopro Materials 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 )
	=	-58482.968	/	( ( (1104235.206 - 267426.437)	+	(1290236.699 - 428984.528) )	/ 2 )
	=	-58482.968	/	( (836808.769	+	861252.171)	/ 2 )
	=	-58482.968	/	849030.47
	=	-6.89 %

Ecopro Materials 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 )
	=	-34522.936	/	( ( (1119927.664 - 362107.837)	+	(1290236.699 - 428984.528) )	/ 2 )
	=	-34522.936	/	( ( 757819.827	+	861252.171 )	/ 2 )
	=	-34522.936	/	809535.999
	=	-4.26 %

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

Ecopro Materials Co (XKRX:450080) 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.

Ecopro Materials Co ROCE % Related Terms

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Ecopro Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ecopro Materials Co Ltd (XKRX:450080) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

15 Yeongilmansandannam-ro, 75beon-gil, Heunghae-eup, Buk-gu, Gyeongsangbuk-do, Pohang-si, KOR

Website

https://www.ecopro.co.kr

Ecopro Materials Co Ltd is a company which specializes in the production and sales of precursors for high-nickel cathode materials for secondary batteries, one of the key materials for high-nickel anode materials for secondary batteries. Precursors account for the highest cost of cathode materials, and at the same time, precursor synthesis technology can determine the core performance of cathode materials, making them a very important raw material for cathode active materials.

Ecopro Materials Co Headlines

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