CHEIL Worldwide (XKRX:030000) ROCE % : 9.75% (As of Dec. 2023)

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What is CHEIL Worldwide 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. CHEIL Worldwide's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.75%.

CHEIL Worldwide ROCE % Historical Data

The historical data trend for CHEIL Worldwide'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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CHEIL Worldwide ROCE % Chart

CHEIL Worldwide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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19.94

17.38

21.35

22.49

20.18

CHEIL Worldwide 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															13.71	17.86	26.68	28.07	9.75

CHEIL Worldwide ROCE % Calculation

CHEIL Worldwide'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 )
	=	295717.602	/	( ( (2751445.128 - 1335642.465)	+	(2889504.607 - 1375033.434) )	/ 2 )
	=	295717.602	/	( (1415802.663	+	1514471.173)	/ 2 )
	=	295717.602	/	1465136.918
	=	20.18 %

CHEIL Worldwide'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 )
	=	146928.728	/	( ( (2793508.227 - 1295483.476)	+	(2889504.607 - 1375033.434) )	/ 2 )
	=	146928.728	/	( ( 1498024.751	+	1514471.173 )	/ 2 )
	=	146928.728	/	1506247.962
	=	9.75 %

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

CHEIL Worldwide (XKRX:030000) 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.

CHEIL Worldwide ROCE % Related Terms

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CHEIL Worldwide (XKRX:030000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CHEIL Worldwide Inc (XKRX:030000) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

222 Itaewon-ro Yongsan-gu, SEOUL, KOR

Website

http://www.cheil.com

CHEIL Worldwide Inc is a Korean-based advertising and media firm. The company mainly provides strategic, creative, experimental, digital and creative solutions. Its services involve brand activation and retail marketing. It also provides its clients around the world with integrated marketing solutions.

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