Versatile Creative Bhd (XKLS:4995) ROCE % : 9.26% (As of Dec. 2023)

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What is Versatile Creative 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. Versatile Creative Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.26%.

Versatile Creative Bhd ROCE % Historical Data

The historical data trend for Versatile Creative 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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Versatile Creative Bhd ROCE % Chart

Versatile Creative Bhd Annual Data

Trend

Dec12

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

ROCE %

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-7.43

-30.97

-29.71

6.38

1.17

Versatile Creative Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															1.97	-	4.47	8.37	9.26

Versatile Creative Bhd ROCE % Calculation

Versatile Creative Bhd's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	0.925	/	( ( (81.28 - 10.607)	+	(108.858 - 21.472) )	/ 2 )
	=	0.925	/	( (70.673	+	87.386)	/ 2 )
	=	0.925	/	79.0295
	=	1.17 %

Versatile Creative 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 )
	=	8.852	/	( ( (141.138 - 45.812)	+	(146.409 - 50.619) )	/ 2 )
	=	8.852	/	( ( 95.326	+	95.79 )	/ 2 )
	=	8.852	/	95.558
	=	9.26 %

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

Versatile Creative Bhd (XKLS:4995) 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.

Versatile Creative Bhd ROCE % Related Terms

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Versatile Creative Bhd (XKLS:4995) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Versatile Creative Bhd (XKLS:4995) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 30745, Jalan Pandan Indah, Pandah Indah, Kuala Lumpur, MYS, 55100

Website

https://www.vc-b.com

Versatile Creative Bhd is an investment holding company and is involved in the business of manufacturing and trading a range of paper boxes, and plastics and providing printing services to customers and grocery businesses. The company's segments include paper products, plastic products, color separation, and printing, Grocery, and Others. The company earns maximum revenue from the Grocery segment engaged in the retail sale of any kind of product over the Internet, supermarkets, and wholesale of other foodstuffs. Geographically, the company derives a majority of its revenue from Malaysia.

Versatile Creative Bhd (XKLS:4995) Headlines

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