SeAH SPECIAL STEEL CO (XKRX:019440) ROCE % : 8.50% (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is SeAH SPECIAL STEEL 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. SeAH SPECIAL STEEL CO's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.50%.

SeAH SPECIAL STEEL CO ROCE % Historical Data

The historical data trend for SeAH SPECIAL STEEL 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.

* Premium members only.

SeAH SPECIAL STEEL CO ROCE % Chart

SeAH SPECIAL STEEL CO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.57

0.04

10.47

8.23

2.22

SeAH SPECIAL STEEL 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															3.89	5.31	6.28	-6.72	8.50

SeAH SPECIAL STEEL CO ROCE % Calculation

SeAH SPECIAL STEEL 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 )
	=	8108.996	/	( ( (690192.115 - 310984.962)	+	(693805.241 - 342800.64) )	/ 2 )
	=	8108.996	/	( (379207.153	+	351004.601)	/ 2 )
	=	8108.996	/	365105.877
	=	2.22 %

SeAH SPECIAL STEEL 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 )
	=	30221.832	/	( ( (693805.241 - 342800.64)	+	(682701.305 - 322486.132) )	/ 2 )
	=	30221.832	/	( ( 351004.601	+	360215.173 )	/ 2 )
	=	30221.832	/	355609.887
	=	8.50 %

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

SeAH SPECIAL STEEL CO (XKRX:019440) 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.

SeAH SPECIAL STEEL CO ROCE % Related Terms

Thank you for viewing the detailed overview of SeAH SPECIAL STEEL CO's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

SeAH SPECIAL STEEL CO (XKRX:019440) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SeAH SPECIAL STEEL CO LTD (XKRX:019440) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

45, Yanghwa-ro, Mapo-gu, SeAH Tower 24 floor, Seoul, KOR, 790-240

Website

http://www.seahsp.co.kr

SeAH SPECIAL STEEL CO LTD is a manufacturer of steel products. Its product portfolio includes cold rolling, cold extrusion, and cold drawing, CHQ wire and CD bars. The company's products used in safety belt shafts, automotive bolts, and construction bolt, automotive bolts, oil pump gears, and aircraft bolts.

SeAH SPECIAL STEEL CO (XKRX:019440) Headlines

No Headlines