HS Hyosung (XKRX:487570) ROCE % : 2.27% (As of Dec. 2024)

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What is HS Hyosung 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. HS Hyosung's annualized ROCE % for the quarter that ended in Dec. 2024 was 2.27%.

HS Hyosung ROCE % Historical Data

The historical data trend for HS Hyosung'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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HS Hyosung ROCE % Chart

HS Hyosung Annual Data

Trend

Dec24

ROCE %

2.27

HS Hyosung Semi-Annual Data
	Dec24
ROCE %	2.27

HS Hyosung ROCE % Calculation

HS Hyosung'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: . 20 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: . 20 )		(A: Dec. 2024 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

HS Hyosung'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: . 20 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: . 20 )		(Q: Dec. 2024 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

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

HS Hyosung (XKRX:487570) 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.

HS Hyosung ROCE % Related Terms

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HS Hyosung Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » HS Hyosung Corp (XKRX:487570) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Mapo-daero, No. 119, Mapo-gu, Seoul, KOR, 04144

Website

https://www.hshyosung.com/main.html

HS Hyosung Corp provides integrated technology solutions. The services provided by the company are advanced materials, AI solutions, data solutions, and Supply chain management with the help of technology, The advanced materials include safety materials like airbags, AI/ data solutions including AI platform and cloud technologies, SCM helps to enhance logistics and other mobility services.

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