Asian Insulators PCL (BKK:AI-F) ROCE % : 8.24% (As of Dec. 2023)

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What is Asian Insulators PCL 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. Asian Insulators PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.24%.

Asian Insulators PCL ROCE % Historical Data

The historical data trend for Asian Insulators PCL'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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Asian Insulators PCL ROCE % Chart

Asian Insulators PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.93

29.11

17.73

4.61

5.19

Asian Insulators PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															3.37	4.04	6.51	2.04	8.24

Asian Insulators PCL ROCE % Calculation

Asian Insulators PCL'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 )
	=	162.647	/	( ( (3703.374 - 559.948)	+	(3668.391 - 538.673) )	/ 2 )
	=	162.647	/	( (3143.426	+	3129.718)	/ 2 )
	=	162.647	/	3136.572
	=	5.19 %

Asian Insulators PCL's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	255.26	/	( ( (3527.526 - 458.323)	+	(3668.391 - 538.673) )	/ 2 )
	=	255.26	/	( ( 3069.203	+	3129.718 )	/ 2 )
	=	255.26	/	3099.4605
	=	8.24 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Asian Insulators PCL (BKK:AI-F) 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.

Asian Insulators PCL ROCE % Related Terms

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Asian Insulators PCL (BKK:AI-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asian Insulators PCL (BKK:AI-F) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AI:Thailand

Address

No. 254 Seri Thai Road, Kannayaow, Bangkok, THA, 10230

Website

http://www.asianinsulators.com

Asian Insulators PCL is engaged in the electronic components business sector. It is engaged in producing and selling porcelain insulators and electrical equipment. The company operates in various segments are Sale of Porcelain Insulators and Component and Construction Undertaking. The sale of Porcelain Insulators and Components generates maximum revenue for the company. It manufactures products in the categories of low voltage, medium voltage, and high voltage. The company operates in the Thailand region. It is also engaged in the sale of biodiesel and vegetable oil and by-products.

Asian Insulators PCL (BKK:AI-F) Headlines

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