B Gaon Holdings (XTAE:GAON-M) ROCE % : 1.66% (As of Dec. 2023)

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What is B Gaon Holdings 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. B Gaon Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.66%.

B Gaon Holdings ROCE % Historical Data

The historical data trend for B Gaon Holdings'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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B Gaon Holdings ROCE % Chart

B Gaon Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.98

4.39

5.00

6.56

-0.44

B Gaon Holdings 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															2.93	7.72	-19.14	8.52	1.66

B Gaon Holdings ROCE % Calculation

B Gaon Holdings'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 )
	=	-2.589	/	( ( (1120.539 - 550.769)	+	(1019.246 - 424.293) )	/ 2 )
	=	-2.589	/	( (569.77	+	594.953)	/ 2 )
	=	-2.589	/	582.3615
	=	-0.44 %

B Gaon Holdings'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 )
	=	9.972	/	( ( (1049.449 - 440.653)	+	(1019.246 - 424.293) )	/ 2 )
	=	9.972	/	( ( 608.796	+	594.953 )	/ 2 )
	=	9.972	/	601.8745
	=	1.66 %

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

B Gaon Holdings (XTAE:GAON-M) 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.

B Gaon Holdings ROCE % Related Terms

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B Gaon Holdings (XTAE:GAON-M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » B Gaon Holdings Ltd (XTAE:GAON-M) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ariel Sharon 8, Or Yehuda, ISR, 68012

Website

http://www.gaon.com

B Gaon Holdings Ltd is a holding company focusing on agro, retail and trade, financial services and real estate businesses. The company offers outgoing travel and tour packages, and leases a line of handheld and PDA electronic devices. It provides solutions in the fields of infrastructure, water and sewage treatment, fuel and gas, industry, desalination and more. The company's products include steel pipes, plastic pipes, valves, ball valves, water meters and more.

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