LOTTE Fine Chemical Co (XKRX:004000) ROCE % : 6.71% (As of Mar. 2024)

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What is LOTTE Fine Chemical 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. LOTTE Fine Chemical Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.71%.

LOTTE Fine Chemical Co ROCE % Historical Data

The historical data trend for LOTTE Fine Chemical 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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LOTTE Fine Chemical Co ROCE % Chart

LOTTE Fine Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.22

16.21

36.28

6.80

10.76

LOTTE Fine Chemical 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															40.37	-0.55	-3.42	6.49	6.71

LOTTE Fine Chemical Co ROCE % Calculation

LOTTE Fine Chemical 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 )
	=	253605.486	/	( ( (2709845.871 - 397000.732)	+	(2682930.42 - 282045.874) )	/ 2 )
	=	253605.486	/	( (2312845.139	+	2400884.546)	/ 2 )
	=	253605.486	/	2356864.8425
	=	10.76 %

LOTTE Fine Chemical 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 )
	=	165763.164	/	( ( (2682930.42 - 282045.874)	+	(2844508.574 - 303950.879) )	/ 2 )
	=	165763.164	/	( ( 2400884.546	+	2540557.695 )	/ 2 )
	=	165763.164	/	2470721.1205
	=	6.71 %

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

LOTTE Fine Chemical Co (XKRX:004000) 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.

LOTTE Fine Chemical Co ROCE % Related Terms

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LOTTE Fine Chemical Co (XKRX:004000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » LOTTE Fine Chemical Co Ltd (XKRX:004000) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Samsung Materials Research Complex, 130, Samsung-ro, Yeongtong-gu, Suwon-si, Gyeonggi-do, KOR, 100-102

Website

http://www.sfc.samsung.co.kr

LOTTE Fine Chemical Co Ltd manufactures and sells a variety of chemicals, and chemical-based products. The firm organizes itself into three segments based on product type. The chlorine/cellulose segment, which generates the majority of revenue, sells cellulose and caustic soda used to make products for the construction, cement, ceramics, paint, detergent, and personal care industries. The electronic materials segment sells toner for color laser printers, liquid crystal display materials, and lithium nickel cobalt manganese oxide, used in rechargeable batteries. The ammonia segment's products are used in the production of fertilizer, textiles, and pharmaceuticals. The majority of sales come from Asia.

LOTTE Fine Chemical Co (XKRX:004000) Headlines

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