Fintec Global Bhd (XKLS:0150PA.PFD) ROCE % : -28.69% (As of Dec. 2023)

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What is Fintec Global 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. Fintec Global Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -28.69%.

Fintec Global Bhd ROCE % Historical Data

The historical data trend for Fintec Global 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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Fintec Global Bhd ROCE % Chart

Fintec Global Bhd Annual Data

Trend

Jan14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Jun21

Jun22

Jun23

ROCE %

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-24.11

84.44

-92.09

-32.66

-14.25

Fintec Global Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															12.10	-10.74	-9.83	60.40	-28.69

Fintec Global Bhd ROCE % Calculation

Fintec Global Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-32.471	/	( ( (284.717 - 40.537)	+	(245.412 - 33.815) )	/ 2 )
	=	-32.471	/	( (244.18	+	211.597)	/ 2 )
	=	-32.471	/	227.8885
	=	-14.25 %

Fintec Global 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 )
	=	-68.172	/	( ( (276.603 - 30.411)	+	(259.56 - 30.545) )	/ 2 )
	=	-68.172	/	( ( 246.192	+	229.015 )	/ 2 )
	=	-68.172	/	237.6035
	=	-28.69 %

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

Fintec Global Bhd (XKLS:0150PA.PFD) 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.

Fintec Global Bhd ROCE % Related Terms

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Fintec Global Bhd (XKLS:0150PA.PFD) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fintec Global Bhd (XKLS:0150PA.PFD) » Definitions » ROCE %

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0150:Malaysia

Address

No. 8, Persiaran Tropicana, Lot 13.1, Level 13, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, MYS, 47410

Website

https://www.fintec.global

Fintec Global Bhd is a technology incubation, investment holding company and manufacturing and sale of rubber gloves. The company's operating segment includes Strategic Investment; AgrilTech; Financial services; and Gloves. It generates maximum revenue from the Strategic investment segment. The company geographically covers Malaysia, Hong Kong and Unites States, out of which it derives maximum revenue from Malaysia.

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