Polaris Uno (XKRX:114630) ROCE % : 8.01% (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Polaris Uno 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. Polaris Uno's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.01%.

Polaris Uno ROCE % Historical Data

The historical data trend for Polaris Uno'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.

Polaris Uno ROCE % Chart

Polaris Uno Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

1.03

3.57

8.65

6.66

10.89

Polaris Uno 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															15.60	12.28	9.50	5.91	8.01

Polaris Uno ROCE % Calculation

Polaris Uno'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 )
	=	10335.299	/	( ( (111844.842 - 24678.819)	+	(128086.34 - 25352.538) )	/ 2 )
	=	10335.299	/	( (87166.023	+	102733.802)	/ 2 )
	=	10335.299	/	94949.9125
	=	10.89 %

Polaris Uno'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 )
	=	9089.68	/	( ( (128086.34 - 25352.538)	+	(136385.656 - 12245.752) )	/ 2 )
	=	9089.68	/	( ( 102733.802	+	124139.904 )	/ 2 )
	=	9089.68	/	113436.853
	=	8.01 %

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

Polaris Uno (XKRX:114630) 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.

Polaris Uno ROCE % Related Terms

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

Polaris Uno (XKRX:114630) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Polaris Uno Inc (XKRX:114630) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wanjusandan 3-ro, 158-15, Bongdong-Eup, Jeollabuk-do, Wanju-gun, KOR, 55321

Website

http://www.unon.co.kr

Polaris Uno Inc manufactures various types of thread used to manufacture wigs. The company operates in the business divisions of Synthetic hair division and Chemicals division. In Synthetic hair division, the company produce fibers for wigs like PVC fibers, heat resistant fibers and special fibers. In the Chemicals division, the company's business is materials-business to supply raw materials like copper clad laminates (CCL) for PCB to produce electronic products. The company is involved in optical monomer business for eyesight-revision plastic lens manufacturing and label adhesive for glass bottles. It offers electronic materials, optical materials and adhesive labels.

Polaris Uno (XKRX:114630) Headlines

No Headlines