Ecoscience International Bhd (XKLS:0255) ROCE % : -24.14% (As of Dec. 2023)

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What is Ecoscience International 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. Ecoscience International Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -24.14%.

Ecoscience International Bhd ROCE % Historical Data

The historical data trend for Ecoscience International 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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Ecoscience International Bhd ROCE % Chart

Ecoscience International Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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35.06

17.34

20.50

-10.84

-5.14

Ecoscience International Bhd Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							-57.55	3.62	11.14	-11.52	-24.14

Ecoscience International Bhd ROCE % Calculation

Ecoscience International 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 )
	=	-4.323	/	( ( (173.008 - 90.27)	+	(170.709 - 85.314) )	/ 2 )
	=	-4.323	/	( (82.738	+	85.395)	/ 2 )
	=	-4.323	/	84.0665
	=	-5.14 %

Ecoscience International 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 )
	=	-20.052	/	( ( (180.179 - 99.458)	+	(170.709 - 85.314) )	/ 2 )
	=	-20.052	/	( ( 80.721	+	85.395 )	/ 2 )
	=	-20.052	/	83.058
	=	-24.14 %

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

Ecoscience International Bhd (XKLS:0255) 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.

Ecoscience International Bhd ROCE % Related Terms

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Ecoscience International Bhd (XKLS:0255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ecoscience International Bhd (XKLS:0255) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Pasir Gudang Industrial Estate, PLO555, Jalan Keluli 8, Pasir Gudang, JHR, MYS, 81700

Website

https://www.ecosciencegroup.com

Ecoscience International Bhd is a one-stop solution provider for the construction of palm oil mills and supporting facilities, and fabrication of equipment. The core activities of the company is the construction of plants, which are mainly palm oil mills and facilities, supported by our in-house fabrication of equipment. Other complementary activities include supply of materials and equipment, spare parts and provision of maintenance services. The company's reportable segments are as follows which includes Construction of Plants and Facilities Segment, Fabrication of Equipment Segment, Supply of Material and Equipment, Others. The company generates majority of its revenue from Construction of Plants and Facilities Segment in Malaysia region itself.

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