Kyeryong Construction Industrial Co (XKRX:013580) ROCE % : 9.93% (As of Mar. 2024)

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What is Kyeryong Construction Industrial 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. Kyeryong Construction Industrial Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.93%.

Kyeryong Construction Industrial Co ROCE % Historical Data

The historical data trend for Kyeryong Construction Industrial 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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Kyeryong Construction Industrial Co ROCE % Chart

Kyeryong Construction Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.50

15.09

20.92

10.29

7.76

Kyeryong Construction Industrial Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															9.67	6.56	4.08	10.65	9.93

Kyeryong Construction Industrial Co ROCE % Calculation

Kyeryong Construction Industrial Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	98714.133	/	( ( (2560028.661 - 1342285.677)	+	(2726892.636 - 1400845.573) )	/ 2 )
	=	98714.133	/	( (1217742.984	+	1326047.063)	/ 2 )
	=	98714.133	/	1271895.0235
	=	7.76 %

Kyeryong Construction Industrial Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	133531.904	/	( ( (2726892.636 - 1400845.573)	+	(2848670.311 - 1485142.398) )	/ 2 )
	=	133531.904	/	( ( 1326047.063	+	1363527.913 )	/ 2 )
	=	133531.904	/	1344787.488
	=	9.93 %

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

Kyeryong Construction Industrial Co (XKRX:013580) 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.

Kyeryong Construction Industrial Co ROCE % Related Terms

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Kyeryong Construction Industrial Co (XKRX:013580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kyeryong Construction Industrial Co Ltd (XKRX:013580) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

519 Wolpyeong Dong, Kyeryong Bldg., Seo-gu, Daejeon, KOR, 302-852

Website

http://www.krcon.co.kr

Kyeryong Construction Industrial Co Ltd is a Korea-based company engaged in the construction business. The company is involved in the civil works such as the construction of road, bridges, subway, railroad, and hosing. In addition, it is also into building business offices, commercial home, education and medical facilities and other related activities. The company also undertakes works of apartments, industrial complexes, and leisure facilities.

Kyeryong Construction Industrial Co (XKRX:013580) Headlines

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