Dong Won Fisheries Co (XKRX:030720) ROCE % : 18.08% (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Dong Won Fisheries 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. Dong Won Fisheries Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 18.08%.

Dong Won Fisheries Co ROCE % Historical Data

The historical data trend for Dong Won Fisheries 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.

Dong Won Fisheries Co ROCE % Chart

Dong Won Fisheries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

16.87

-0.69

13.99

11.73

-21.32

Dong Won Fisheries 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															-7.40	-16.08	-26.95	-36.15	18.08

Dong Won Fisheries Co ROCE % Calculation

Dong Won Fisheries 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 )
	=	-16976.745	/	( ( (121789.602 - 31715.608)	+	(114611.866 - 45422.742) )	/ 2 )
	=	-16976.745	/	( (90073.994	+	69189.124)	/ 2 )
	=	-16976.745	/	79631.559
	=	-21.32 %

Dong Won Fisheries 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 )
	=	12717.368	/	( ( (114611.866 - 45422.742)	+	(109295.475 - 37777.079) )	/ 2 )
	=	12717.368	/	( ( 69189.124	+	71518.396 )	/ 2 )
	=	12717.368	/	70353.76
	=	18.08 %

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

Dong Won Fisheries Co (XKRX:030720) 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.

Dong Won Fisheries Co ROCE % Related Terms

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

Dong Won Fisheries Co (XKRX:030720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Dong Won Fisheries Co Ltd (XKRX:030720) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Teheran-ro 8-gil, Dongloo Building 8, Gangnam-gu, Seoul, KOR

Website

http://www.dongwonfish.co.kr

Dong Won Fisheries Co Ltd operates as a diversified seafood company in South Korea. It produces breaded hoki, processed seafood for food service, and frozen ready to cook products, as well as offers freezing, refrigeration, and fish processing services. The company also manufactures and supplies breadcrumbs to frozen and instant product companies and offers cold storage services.

Dong Won Fisheries Co (XKRX:030720) Headlines

No Headlines