BIO-FD&C Co (XKRX:251120) ROCE % : 9.01% (As of Mar. 2024)

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What is BIO-FD&C 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. BIO-FD&C Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.01%.

BIO-FD&C Co ROCE % Historical Data

The historical data trend for BIO-FD&C 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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BIO-FD&C Co ROCE % Chart

BIO-FD&C Co Annual Data

Trend

Dec15

Dec16

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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3.68

29.36

23.44

22.02

16.01

BIO-FD&C Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial									8.17	11.56	11.86	20.62	9.01

BIO-FD&C Co ROCE % Calculation

BIO-FD&C Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	5552.295	/	( ( (23040.032 - 6750.612)	+	(59035.811 - 5981.27) )	/ 2 )
	=	5552.295	/	( (16289.42	+	53054.541)	/ 2 )
	=	5552.295	/	34671.9805
	=	16.01 %

BIO-FD&C 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 )
	=	5340.964	/	( ( (62812.541 - 4090.508)	+	(63951.451 - 4136.189) )	/ 2 )
	=	5340.964	/	( ( 58722.033	+	59815.262 )	/ 2 )
	=	5340.964	/	59268.6475
	=	9.01 %

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

BIO-FD&C Co (XKRX:251120) 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.

BIO-FD&C Co ROCE % Related Terms

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BIO-FD&C Co (XKRX:251120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » BIO-FD&C Co Ltd (XKRX:251120) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

30, Songdomirae-ro, Yeonsu-gu, 509-512, B07, A-dong, Smartvalley, Incheon, KOR

Website

http://www.biofdnc.com

BIO-FD&C Co Ltd is engaged in dealing with anti-aging and health materials using sustainable bio-cultivation technology. Its products include Plant cell, Peptide, Herbal Extract and Biomolecule.

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