Yongnam Holdings (SGX:AXB) ROCE % : -15.12% (As of Jun. 2023)

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What is Yongnam Holdings 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. Yongnam Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was -15.12%.

Yongnam Holdings ROCE % Historical Data

The historical data trend for Yongnam Holdings'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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Yongnam Holdings ROCE % Chart

Yongnam Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-17.88

-16.20

-28.55

-9.68

-16.71

Yongnam Holdings Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial															3.72	-29.22	-40.16	-16.03	-15.12

Yongnam Holdings ROCE % Calculation

Yongnam Holdings'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 )
	=	-24.193	/	( ( (350.874 - 155.008)	+	(310.44 - 216.827) )	/ 2 )
	=	-24.193	/	( (195.866	+	93.613)	/ 2 )
	=	-24.193	/	144.7395
	=	-16.71 %

Yongnam Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	-12.396	/	( ( (299.167 - 212.855)	+	(284.524 - 206.843) )	/ 2 )
	=	-12.396	/	( ( 86.312	+	77.681 )	/ 2 )
	=	-12.396	/	81.9965
	=	-15.12 %

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

Yongnam Holdings (SGX:AXB) 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.

Yongnam Holdings ROCE % Related Terms

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Yongnam Holdings (SGX:AXB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yongnam Holdings Ltd (SGX:AXB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Tuas South Street 5, Singapore, SGP, 637644

Website

https://www.yongnam.com.sg

Yongnam Holdings Ltd is a steel manufacturing company. The firm has three reportable segments namely Structural Steelworks, Specialist Civil Engineering, and Design and Build. The company has projects in Singapore and the Rest of Asia Pacific. The majority of the group's revenue comes from the Structural Steelworks segment in Singapore.

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