Seoul Semiconductor Co (XKRX:046890) ROCE % : -0.16% (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Seoul Semiconductor 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. Seoul Semiconductor Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.16%.

Seoul Semiconductor Co ROCE % Historical Data

The historical data trend for Seoul Semiconductor 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.

Seoul Semiconductor Co ROCE % Chart

Seoul Semiconductor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.38

4.83

8.52

-2.16

-6.46

Seoul Semiconductor 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															-4.16	0.56	-6.06	-16.24	-0.16

Seoul Semiconductor Co ROCE % Calculation

Seoul Semiconductor 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 )
	=	-58068.399	/	( ( (1289871.955 - 305104.422)	+	(1219076.466 - 404814.157) )	/ 2 )
	=	-58068.399	/	( (984767.533	+	814262.309)	/ 2 )
	=	-58068.399	/	899514.921
	=	-6.46 %

Seoul Semiconductor 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 )
	=	-1339.176	/	( ( (1219076.466 - 404814.157)	+	(1204511.6 - 394758.523) )	/ 2 )
	=	-1339.176	/	( ( 814262.309	+	809753.077 )	/ 2 )
	=	-1339.176	/	812007.693
	=	-0.16 %

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

Seoul Semiconductor Co (XKRX:046890) 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.

Seoul Semiconductor Co ROCE % Related Terms

Thank you for viewing the detailed overview of Seoul Semiconductor Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Seoul Semiconductor Co (XKRX:046890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Seoul Semiconductor Co Ltd (XKRX:046890) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

148-29 Gasan-dong, Geumcheon-gu, Seoul, KOR, 153-023

Website

http://www.seoulsemicon.co.kr

Seoul Semiconductor Co Ltd is a company catering to the semiconductor industry in Korea. It manufactures and markets light emitting diodes used in notice boards and billboards; customized modules used in lightings and home appliances, and sensors used in printers and vending machines. Its array of products includes side view LEDs, top view LEDs, chip LEDs, lamp LEDs and high flux LEDs. The company has markets located at home and abroad.

Seoul Semiconductor Co (XKRX:046890) Headlines

No Headlines