Dexon Technology PCL (BKK:DEXON) ROCE % : -9.63% (As of Sep. 2023)

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What is Dexon Technology 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. Dexon Technology PCL's annualized ROCE % for the quarter that ended in Sep. 2023 was -9.63%.

Dexon Technology PCL ROCE % Historical Data

The historical data trend for Dexon Technology 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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Dexon Technology PCL ROCE % Chart

Dexon Technology PCL Annual Data

Trend

Dec21

Dec22

ROCE %

9.48

36.35

Dexon Technology PCL Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial			-	76.28	4.29	-8.10	-9.63

Dexon Technology PCL ROCE % Calculation

Dexon Technology PCL'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 )
	=	124.135	/	( ( (557.67 - 229.984)	+	(643.052 - 287.779) )	/ 2 )
	=	124.135	/	( (327.686	+	355.273)	/ 2 )
	=	124.135	/	341.4795
	=	36.35 %

Dexon Technology PCL's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-78.684	/	( ( (973.005 - 148.72)	+	(952.557 - 142.802) )	/ 2 )
	=	-78.684	/	( ( 824.285	+	809.755 )	/ 2 )
	=	-78.684	/	817.02
	=	-9.63 %

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

Dexon Technology PCL (BKK:DEXON) 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.

Dexon Technology PCL ROCE % Related Terms

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Dexon Technology PCL (BKK:DEXON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dexon Technology PCL (BKK:DEXON) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

78/4-5 Moo 6, Sukhumvit Road, Ban Chang, Rayong, THA, 21130

Website

https://www.dexon-technology.com

Dexon Technology PCL is engaged in providing non-destructive inspection services, inspection training across the board of inspection standards and distributor of tools, spare parts and equipment used for the inspection of goods quality. The company's operating segments include Research and development innovation segment, Advanve In-line inspection technology segment, Advance non-destructive testing technology segment, Asset integrity management service segment, and Conventional non-destructive inspection segment.

Dexon Technology PCL (BKK:DEXON) Headlines

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