Zaram Technology (XKRX:389020) ROCE % : 15.47% (As of Mar. 2024)

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What is Zaram Technology 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. Zaram Technology's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.47%.

Zaram Technology ROCE % Historical Data

The historical data trend for Zaram Technology'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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Zaram Technology ROCE % Chart

Zaram Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

2.78

7.65

2.14

-7.35

Zaram Technology Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial						-11.18	-4.02	-6.62	-2.45	15.47

Zaram Technology ROCE % Calculation

Zaram Technology'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 )
	=	-2012.267	/	( ( (19816.073 - 880.694)	+	(37656.261 - 1815.627) )	/ 2 )
	=	-2012.267	/	( (18935.379	+	35840.634)	/ 2 )
	=	-2012.267	/	27388.0065
	=	-7.35 %

Zaram Technology'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 )
	=	5635.372	/	( ( (37656.261 - 1815.627)	+	(40805.613 - 3768.672) )	/ 2 )
	=	5635.372	/	( ( 35840.634	+	37036.941 )	/ 2 )
	=	5635.372	/	36438.7875
	=	15.47 %

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

Zaram Technology (XKRX:389020) 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.

Zaram Technology ROCE % Related Terms

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Zaram Technology (XKRX:389020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zaram Technology Inc (XKRX:389020) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

41, Seongnam-daero 925beon-gil, 2nd Floor Fine Venture Building, Bundang-gu, Gyeonggi-do, Seongnam si, KOR, 13496

Website

https://www.zaram.com

Zaram Technology Inc is specialized in non-memory semiconductor chip design. It also manufactures technology for communication semiconductors and network equipment with optical components. Its products comprise XGSPON, Optical Transceiver, Gigawire, and Others.

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