Inics (XKRX:452400) ROCE % : -0.31% (As of Dec. 2024)

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What is Inics 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. Inics's annualized ROCE % for the quarter that ended in Dec. 2024 was -0.31%.

Inics ROCE % Historical Data

The historical data trend for Inics'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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Inics ROCE % Chart

Inics Annual Data

Trend

Dec22

Dec23

Dec24

ROCE %

17.93

16.26

1.35

Inics Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial			14.17	-0.72	3.19	2.21	-0.31

Inics ROCE % Calculation

Inics'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 )
	=	1377.987	/	( ( (92431.577 - 10925.466)	+	(138029.714 - 16033.511) )	/ 2 )
	=	1377.987	/	( (81506.111	+	121996.203)	/ 2 )
	=	1377.987	/	101751.157
	=	1.35 %

Inics'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 )
	=	-375.94	/	( ( (139783.469 - 17648.954)	+	(138029.714 - 16033.511) )	/ 2 )
	=	-375.94	/	( ( 122134.515	+	121996.203 )	/ 2 )
	=	-375.94	/	122065.359
	=	-0.31 %

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

Inics (XKRX:452400) 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.

Inics ROCE % Related Terms

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Inics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Inics Corp (XKRX:452400) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

16, Haeundae-ro 191beon-gil, Haeundae-gu, Busan, KOR

Website

https://www.inics.kr

Inics Corp develops and supply products such as battery cell pads, a key component of electric vehicle pouch-type batteries, and fire-resistant bulkheads, which are key to the safety of occupants.

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