Graphjet Technology (Graphjet Technology) ROCE % : -33.11% (As of Sep. 2022)

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What is Graphjet Technology 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. Graphjet Technology's annualized ROCE % for the quarter that ended in Sep. 2022 was -33.11%.

Graphjet Technology ROCE % Historical Data

The historical data trend for Graphjet Technology'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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Graphjet Technology ROCE % Chart

Graphjet Technology Annual Data

Trend

Sep21

ROCE %

Graphjet Technology Semi-Annual Data
	Sep21	Sep22
ROCE %	-	-33.11

Graphjet Technology ROCE % Calculation

Graphjet Technology's annualized ROCE % for the fiscal year that ended in Sep. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2021 )		(A: . 20 )		(A: Sep. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2021 )		(A: . 20 )		(A: Sep. 2021 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Graphjet Technology's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Sep. 2021 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Sep. 2021 )		(Q: Sep. 2022 )
	=	-0.901	/	( ( (0 - 0.002)	+	(6.689 - 1.244) )	/ 2 )
	=	-0.901	/	( ( -0.002	+	5.445 )	/ 2 )
	=	-0.901	/	2.7215
	=	-33.11 %

(1) Note: The EBIT data used here is one times the annual (Sep. 2022) EBIT data.

Graphjet Technology (NAS:GTI) 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.

Graphjet Technology ROCE % Related Terms

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Graphjet Technology (Graphjet Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Graphjet Technology (NAS:GTI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit No L4-E-8, Enterprise 4, Technology Park Malaysia Bukit Jalil, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.graphjettech.com

Graphjet Technology Sdn Bhd is a fast-growing organization that aims to be a global leader in generating value by producing the most innovative, green, and low-cost graphene, graphite and graphene-based anode materials. Graphjet is the owner of the state-of-the-art technology for the manufacture of artificial graphene and graphite used to produce critical raw materials used in a variety of industries. Its current primary business is to develop its palm-based artificial graphene and graphite manufacturing business with its proprietary patentable technology to utilize palm kernel shells in the process of manufacturing and production of artificial graphene and graphite and related application products.