Hana Financial Twenty-four Special Purpose Acquisition Co (XKRX:430230) ROCE % : 2.28% (As of Mar. 2024)

Hana Financial Twenty-four Special Purpose Acquisition Co ROCE % Chart

Hana Financial Twenty-four Special Purpose Acquisition Co ROCE % Calculation

Hana Financial Twenty-four Special Purpose Acquisition Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

Hana Financial Twenty-four Special Purpose Acquisition Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

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

* 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.

Hana Financial Twenty-four Special Purpose Acquisition Co  (XKRX:430230) 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.

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Hana Financial Twenty-four Special Purpose Acquisition Co (XKRX:430230) Business Description