Contec Co (XKRX:451760) ROCE % : -22.48% (As of Dec. 2024)

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What is Contec 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. Contec Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -22.48%.

Contec Co ROCE % Historical Data

The historical data trend for Contec 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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Contec Co ROCE % Chart

Contec Co Annual Data

Trend

Dec22

Dec23

Dec24

ROCE %

-142.02

-10.44

Contec Co Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial			-32.90	-7.97	-11.81	0.43	-22.48

Contec Co ROCE % Calculation

Contec 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 )
	=	-16333.762	/	( ( (121775.041 - 8605.169)	+	(278757.169 - 79150.888) )	/ 2 )
	=	-16333.762	/	( (113169.872	+	199606.281)	/ 2 )
	=	-16333.762	/	156388.0765
	=	-10.44 %

Contec 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 )
	=	-43590.632	/	( ( (258284.446 - 70096.076)	+	(278757.169 - 79150.888) )	/ 2 )
	=	-43590.632	/	( ( 188188.37	+	199606.281 )	/ 2 )
	=	-43590.632	/	193897.3255
	=	-22.48 %

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

Contec Co (XKRX:451760) 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.

Contec Co ROCE % Related Terms

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Contec Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Contec Co Ltd (XKRX:451760) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

169-84 Gwahak-ro, Yuseong-gu, Daejeon, KOR, 34133

Website

https://www.contec.kr

Contec Co Ltd provides easy to use ground station services and Satellite Image Processing & Application Services for satellite operations. It has expanded ground station network in North America, Europe, Africa and Asia, allowing continuous monitoring of spacecraft. CONTEC ONE is the satellite communication platform offered by the company.

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