L&P Global Bhd (XKLS:0268) ROCE % : 17.69% (As of Mar. 2024)

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What is L&P Global 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. L&P Global Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 17.69%.

L&P Global Bhd ROCE % Historical Data

The historical data trend for L&P Global 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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L&P Global Bhd ROCE % Chart

L&P Global Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

25.03

35.12

41.60

24.74

21.73

L&P Global Bhd Quarterly Data
	Dec19	Dec20	Dec21	Jul22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial					18.81	23.39	23.42	21.80	17.69

L&P Global Bhd ROCE % Calculation

L&P Global 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 )
	=	26.77	/	( ( (137.389 - 22.957)	+	(143.627 - 11.681) )	/ 2 )
	=	26.77	/	( (114.432	+	131.946)	/ 2 )
	=	26.77	/	123.189
	=	21.73 %

L&P Global Bhd's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	23.256	/	( ( (143.627 - 11.681)	+	(146.47 - 15.551) )	/ 2 )
	=	23.256	/	( ( 131.946	+	130.919 )	/ 2 )
	=	23.256	/	131.4325
	=	17.69 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

L&P Global Bhd (XKLS:0268) 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.

L&P Global Bhd ROCE % Related Terms

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L&P Global Bhd (XKLS:0268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » L&P Global Bhd (XKLS:0268) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1328, Jalan Sungai Baong, Furniture Industrial Estate, Sungai Bakap, Pulau Pinang, PNG, MYS, 14200

Website

https://www.lpglobalbhd.com

L&P Global Bhd is an integrated industrial packaging solution provider. The group is principally involved in the design and manufacture of wooden industrial packaging products, including boxes, crates, and pallets. It also provides packing services, circular supply services, and trading of related products and raw materials.

L&P Global Bhd (XKLS:0268) Headlines

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