Hong Seng Consolidated Bhd (XKLS:0041) ROCE % : -10.31% (As of Dec. 2023)

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What is Hong Seng Consolidated Bhd 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. Hong Seng Consolidated Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -10.31%.

Hong Seng Consolidated Bhd ROCE % Historical Data

The historical data trend for Hong Seng Consolidated Bhd'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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Hong Seng Consolidated Bhd ROCE % Chart

Hong Seng Consolidated Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Sep22

Dec23

ROCE %

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-14.27

-34.06

-18.33

51.29

Hong Seng Consolidated Bhd Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-11.88	-	-9.00	-6.35	-10.31

Hong Seng Consolidated Bhd ROCE % Calculation

Hong Seng Consolidated Bhd'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: Sep. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Sep. 2022 )		(A: Dec. 2023 )
	=	0	/	( ( (431.939 - 27.011)	+	(405.049 - 18.699) )	/ 2 )
	=	0	/	( (404.928	+	386.35)	/ 2 )
	=	0	/	395.639
	=	0.00 %

Hong Seng Consolidated Bhd'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-40.296	/	( ( (545.16 - 149.594)	+	(405.049 - 18.699) )	/ 2 )
	=	-40.296	/	( ( 395.566	+	386.35 )	/ 2 )
	=	-40.296	/	390.958
	=	-10.31 %

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

Hong Seng Consolidated Bhd (XKLS:0041) 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.

Hong Seng Consolidated Bhd ROCE % Related Terms

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Hong Seng Consolidated Bhd (XKLS:0041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hong Seng Consolidated Bhd (XKLS:0041) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0041PA.PFD:Malaysia

Address

C-01-3, Block C Plaza Glomac, No 6, Jalan SS7/19, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301

Website

https://www.hongseng.com.my

Hong Seng Consolidated Bhd is operating as an investment holding company. The company operates in five operating segments. The healthcare segment consists of a medical diagnostic and research laboratory and wholesale of pharmaceutical and medical goods; the Financial services include Moneylending; the Gloves segment consists of Manufacturing and trading of rubber gloves; The Search and advertising segment includes Developer and provider of online presence and advertising solutions and operator of search platforms; publishing business directory journals, and database marketing; The others segment includes, Investment holding, development and provision of software solutions companies, and the others. The majority of the revenue is derived from the healthcare segment.

Hong Seng Consolidated Bhd (XKLS:0041) Headlines

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