Mclean Technologies Bhd (XKLS:0167) ROCE % : -15.64% (As of Dec. 2023)

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What is Mclean Technologies 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. Mclean Technologies Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -15.64%.

Mclean Technologies Bhd ROCE % Historical Data

The historical data trend for Mclean Technologies 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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Mclean Technologies Bhd ROCE % Chart

Mclean Technologies Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-13.27

5.99

-19.58

-7.33

-16.64

Mclean Technologies Bhd 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															7.04	-12.46	-13.80	-28.61	-15.64

Mclean Technologies Bhd ROCE % Calculation

Mclean Technologies 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: 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 )
	=	-4.744	/	( ( (44.943 - 14.044)	+	(42.925 - 16.805) )	/ 2 )
	=	-4.744	/	( (30.899	+	26.12)	/ 2 )
	=	-4.744	/	28.5095
	=	-16.64 %

Mclean Technologies 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: 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 )
	=	-3.964	/	( ( (46.961 - 22.379)	+	(42.925 - 16.805) )	/ 2 )
	=	-3.964	/	( ( 24.582	+	26.12 )	/ 2 )
	=	-3.964	/	25.351
	=	-15.64 %

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

Mclean Technologies Bhd (XKLS:0167) 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.

Mclean Technologies Bhd ROCE % Related Terms

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Mclean Technologies Bhd (XKLS:0167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mclean Technologies Bhd (XKLS:0167) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

2 Woodlands Sector 1, No 01-22, Singapore, SGP, 738068

Website

http://www.mclean.com.sg

Mclean Technologies Bhd is an investment holding company. The company, through its subsidiaries, is engaged in the provision of surface finishing of metal parts for electrical and electronic industries, and provision of precision cleaning and cleanroom assembly services, clean bulk packaging services and other related services. It operates in the segment of Surface Treatment and Precision Cleaning; and Other. The surface treatment and precision cleaning segment that drives majority revenue offers surface treatment, precision cleaning, clean bulk pack and related services in the hard disk drive and consumer electronics industries. Geographically, the group operates in Malaysia, Singapore, China and other international countries.

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