KKB Engineering Bhd (XKLS:9466) ROCE % : 13.43% (As of Dec. 2023)

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What is KKB Engineering 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. KKB Engineering Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.43%.

KKB Engineering Bhd ROCE % Historical Data

The historical data trend for KKB Engineering 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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KKB Engineering Bhd ROCE % Chart

KKB Engineering Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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23.30

10.26

8.95

5.70

11.78

KKB Engineering 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															13.34	5.16	14.86	14.07	13.43

KKB Engineering Bhd ROCE % Calculation

KKB Engineering 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 )
	=	54.367	/	( ( (555.075 - 104.881)	+	(642.378 - 169.444) )	/ 2 )
	=	54.367	/	( (450.194	+	472.934)	/ 2 )
	=	54.367	/	461.564
	=	11.78 %

KKB Engineering 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 )
	=	62.764	/	( ( (609.789 - 148.179)	+	(642.378 - 169.444) )	/ 2 )
	=	62.764	/	( ( 461.61	+	472.934 )	/ 2 )
	=	62.764	/	467.272
	=	13.43 %

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

KKB Engineering Bhd (XKLS:9466) 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.

KKB Engineering Bhd ROCE % Related Terms

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KKB Engineering Bhd (XKLS:9466) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KKB Engineering Bhd (XKLS:9466) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Bintawa Industrial Estate, Lot 865, Section 66, Jalan Kilang, Kuching, SWK, MYS, 93450

Website

https://www.kkbeb.com.my

KKB Engineering Bhd is a Malaysia-based company engaged in steel fabrication; civil construction; hot-dip galvanizing; the manufacturing of liquefied petroleum gas (LPG) cylinders; structural steel fabrication for oil & gas facilities; and manufacturing and trading of steel pipes and pipe specials. It operates through two segments namely Engineering and construction; and Manufacturing sectors. The Engineering and construction segment includes civil engineering works and construction, steel fabrication, and hot-dip galvanizing. The Manufacturing segment manufactures LPG cylinders, steel pipes, and related products. It generates a vast majority of its revenue from the engineering and construction segment.

KKB Engineering Bhd (XKLS:9466) Headlines

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