Hua Yang Bhd (XKLS:5062) ROCE % : 3.22% (As of Dec. 2023)

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What is Hua Yang 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. Hua Yang Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.22%.

Hua Yang Bhd ROCE % Historical Data

The historical data trend for Hua Yang 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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Hua Yang Bhd ROCE % Chart

Hua Yang Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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0.71

-5.89

-4.96

2.29

2.51

Hua Yang 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															2.27	3.79	2.11	1.71	3.22

Hua Yang Bhd ROCE % Calculation

Hua Yang Bhd's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	17.889	/	( ( (883.932 - 162.507)	+	(880.642 - 177.672) )	/ 2 )
	=	17.889	/	( (721.425	+	702.97)	/ 2 )
	=	17.889	/	712.1975
	=	2.51 %

Hua Yang 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 )
	=	21.852	/	( ( (855.877 - 174.181)	+	(856.53 - 180.839) )	/ 2 )
	=	21.852	/	( ( 681.696	+	675.691 )	/ 2 )
	=	21.852	/	678.6935
	=	3.22 %

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

Hua Yang Bhd (XKLS:5062) 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.

Hua Yang Bhd ROCE % Related Terms

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Hua Yang Bhd (XKLS:5062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hua Yang Bhd (XKLS:5062) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

C-21 Jalan Medan Selayang 1, Medan Selayang, Batu Caves, SGR, MYS, 68100

Website

https://www.huayang.com.my

Hua Yang Bhd is an investment holding company engaged in property development and provision of management services. Its segments consist of the Property development segment engages in constructing and developing residential and commercial properties; and the Concession assets segment engages in the collection of rental over the concession periods from assets held under build, operate, and transfer agreements. The company generates maximum revenue from the Property development segment. Its operations are spread across Malaysia.

Hua Yang Bhd (XKLS:5062) Headlines

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