Dongbang Transport Logistics Co (XKRX:004140) ROCE % : 9.33% (As of Dec. 2023)

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What is Dongbang Transport Logistics 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. Dongbang Transport Logistics Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.33%.

Dongbang Transport Logistics Co ROCE % Historical Data

The historical data trend for Dongbang Transport Logistics 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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Dongbang Transport Logistics Co ROCE % Chart

Dongbang Transport Logistics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.27

11.71

5.19

5.20

10.35

Dongbang Transport Logistics Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															0.72	13.31	9.02	11.24	9.33

Dongbang Transport Logistics Co ROCE % Calculation

Dongbang Transport Logistics 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 )
	=	31773.316	/	( ( (567964.926 - 296862.179)	+	(599319.321 - 256405.224) )	/ 2 )
	=	31773.316	/	( (271102.747	+	342914.097)	/ 2 )
	=	31773.316	/	307008.422
	=	10.35 %

Dongbang Transport Logistics Co'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 )
	=	30680.868	/	( ( (591206.81 - 276200.858)	+	(599319.321 - 256405.224) )	/ 2 )
	=	30680.868	/	( ( 315005.952	+	342914.097 )	/ 2 )
	=	30680.868	/	328960.0245
	=	9.33 %

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

Dongbang Transport Logistics Co (XKRX:004140) 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.

Dongbang Transport Logistics Co ROCE % Related Terms

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Dongbang Transport Logistics Co (XKRX:004140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Dongbang Transport Logistics Co Ltd (XKRX:004140) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-ga, 23 floors, Hanjin Building, Jung-gu, Seoul, KOR, 100-770

Website

http://www.dongbang.co.kr

Dongbang Transport Logistics Co Ltd is engaged in providing logistics services in South Korea. It offers harbor stevedoring, land transportation, marine transportation, heavy freight transport and installation, CY/CFS, ferry stevedoring, and portal logistics/overseas transportation services. The company also provides railway transportation services for coke, coal, steel, and bulk freight.

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