Luxchem Bhd (XKLS:5143) ROCE % : 11.61% (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Luxchem 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. Luxchem Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.61%.

Luxchem Bhd ROCE % Historical Data

The historical data trend for Luxchem 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.

* Premium members only.

Luxchem Bhd ROCE % Chart

Luxchem Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

18.33

20.01

21.46

11.48

9.35

Luxchem Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															8.05	8.71	8.91	11.81	11.61

Luxchem Bhd ROCE % Calculation

Luxchem 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 )
	=	60.314	/	( ( (717.715 - 82.844)	+	(740.4 - 85.328) )	/ 2 )
	=	60.314	/	( (634.871	+	655.072)	/ 2 )
	=	60.314	/	644.9715
	=	9.35 %

Luxchem 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 )
	=	76.2	/	( ( (740.4 - 85.328)	+	(749.253 - 92.095) )	/ 2 )
	=	76.2	/	( ( 655.072	+	657.158 )	/ 2 )
	=	76.2	/	656.115
	=	11.61 %

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

Luxchem Bhd (XKLS:5143) 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.

Luxchem Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of Luxchem Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Luxchem Bhd (XKLS:5143) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Luxchem Corp Bhd (XKLS:5143) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Jalan SS21/58, Damansara Utama, Petaling Jaya, SGR, MYS, 47400

Website

http://www.luxchem.com.my

Luxchem Corp Bhd is a Malaysia based company engaged in the import, export, and distribution of petrochemical and other related products. It operates through two reportable segments namely Trading and Manufacturing. The Trading segment comprises of import, export, and distribution of petrochemical and other related products. The Manufacturing segment engages in the manufacturing and trading of unsaturated polyester resin and related products, and the manufacturing and trading of latex chemical dispersions, latex processing chemicals, and related products for the latex industry. Geographically, the firm has its presence across the region of Malaysia, Vietnam, Indonesia, Thailand, Singapore, Bangladesh, and Australia.

Luxchem Bhd (XKLS:5143) Headlines

No Headlines