SES AI (SES AI) ROCE % : -18.52% (As of Dec. 2023)

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What is SES AI 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. SES AI's annualized ROCE % for the quarter that ended in Dec. 2023 was -18.52%.

SES AI ROCE % Historical Data

The historical data trend for SES AI'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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SES AI ROCE % Chart

SES AI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-44.72

-50.65

-31.52

-26.37

-19.36

SES AI Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial										-18.51	-20.76	-18.96	-19.63	-18.52

SES AI ROCE % Calculation

SES AI'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 )
	=	-78.158	/	( ( (440.439 - 19.357)	+	(406.81 - 20.355) )	/ 2 )
	=	-78.158	/	( (421.082	+	386.455)	/ 2 )
	=	-78.158	/	403.7685
	=	-19.36 %

SES AI's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-71.672	/	( ( (403.253 - 15.801)	+	(406.81 - 20.355) )	/ 2 )
	=	-71.672	/	( ( 387.452	+	386.455 )	/ 2 )
	=	-71.672	/	386.9535
	=	-18.52 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

SES AI (NYSE:SES) 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.

SES AI ROCE % Related Terms

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SES AI (SES AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SES AI Corp (NYSE:SES) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Cabot Road, Woburn, MA, USA, 01801

Website

https://www.ses.ai

SES AI Corp is engaged in the development and initial production of high-performance Lithium-Metal (Li-Metal) rechargeable battery technologies for electric vehicles (EVs), electric vehicle take-off and landing (eVTOL), and other applications. The company is an integrated Li-Metal battery manufacturer with capabilities in material, cell, module, AI-powered safety algorithms, and recycling.

Executives

Jing Nealis	officer: Chief Financial Officer	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Rohit Makharia	officer: Pres. & Chief Op. Officer	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Hong Gan	officer: Chief Science Officer	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Anirvan Coomer	director	35 CABOT ROAD, WOBURN MA 01801
Yongkyu Son	officer: Chief Technology Officer	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Kyle Pilkington	officer: Chief Legal Officer	35 CABOT ROAD, WOBURN MA 01801
Qichao Hu	director, 10 percent owner, officer: CEO & Chairman	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Gang Li	officer: Chief Manufacturing Officer	35 CABOT ROAD, WOBURN MA 01801
Tianqi Lithium Hk Co., Ltd.	10 percent owner	NO. 10 EAST GAOPENG ROAD, CHENGDU, SICHUAN F4 610041
Joanne Ban	officer: Chief Legal & Corp. Officer	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Robert M Friedland	director	150 BEACH ROAD #25-03, THE GATEWAY WEST, SINGAPORE U0 189720
Temasek Holdings (private) Ltd	10 percent owner	60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Tembusu Capital Pte. Ltd.	10 percent owner	60B ORCHARD ROAD #06-18, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Sk Inc.	10 percent owner	26, JONG-RO, JONGNO-GU, SEOUL M5 03188
Jangwook Choi	director	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542