Koh Young Technology (XKRX:098460) ROCE % : 11.53% (As of Mar. 2024)

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What is Koh Young Technology 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. Koh Young Technology's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.53%.

Koh Young Technology ROCE % Historical Data

The historical data trend for Koh Young Technology'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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Koh Young Technology ROCE % Chart

Koh Young Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.14

4.27

17.20

15.60

9.47

Koh Young Technology 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															19.71	8.27	6.74	2.23	11.53

Koh Young Technology ROCE % Calculation

Koh Young Technology'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 )
	=	31277.885	/	( ( (391686.493 - 58305.669)	+	(367212.258 - 39821.272) )	/ 2 )
	=	31277.885	/	( (333380.824	+	327390.986)	/ 2 )
	=	31277.885	/	330385.905
	=	9.47 %

Koh Young Technology'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 )
	=	37705.328	/	( ( (367212.258 - 39821.272)	+	(375628.804 - 49089.519) )	/ 2 )
	=	37705.328	/	( ( 327390.986	+	326539.285 )	/ 2 )
	=	37705.328	/	326965.1355
	=	11.53 %

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

Koh Young Technology (XKRX:098460) 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.

Koh Young Technology ROCE % Related Terms

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Koh Young Technology (XKRX:098460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Koh Young Technology Inc (XKRX:098460) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

15th Floor Halla Sigma Valley, 345-90 Gasan-dong, Geumcheon-gu, Seoul, KOR, 153-802

Website

http://www.kohyoung.com

Koh Young Technology Inc is involved in development, manufacture, sales and services of 3d measurement and inspection solutions for process optimization in an innovative manufacturing environment. Its products and services include Solder paste inspection, Semiconductor inspection, Automated optical inspection and Machining optical inspection. The firm primarily develops SMT technology, MOI technology and Semi-conductor technology.

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