Yoong Onn Bhd (XKLS:5159) ROCE % : 15.20% (As of Dec. 2023)

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What is Yoong Onn 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. Yoong Onn Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.20%.

Yoong Onn Bhd ROCE % Historical Data

The historical data trend for Yoong Onn 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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Yoong Onn Bhd ROCE % Chart

Yoong Onn Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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13.77

8.40

12.62

16.88

17.16

Yoong Onn 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															17.87	20.68	14.57	10.42	15.20

Yoong Onn Bhd ROCE % Calculation

Yoong Onn 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 )
	=	50.832	/	( ( (310.856 - 28.819)	+	(335.701 - 25.401) )	/ 2 )
	=	50.832	/	( (282.037	+	310.3)	/ 2 )
	=	50.832	/	296.1685
	=	17.16 %

Yoong Onn 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 )
	=	48.492	/	( ( (338.403 - 21.48)	+	(352.198 - 31.025) )	/ 2 )
	=	48.492	/	( ( 316.923	+	321.173 )	/ 2 )
	=	48.492	/	319.048
	=	15.20 %

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

Yoong Onn Bhd (XKLS:5159) 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.

Yoong Onn Bhd ROCE % Related Terms

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Yoong Onn Bhd (XKLS:5159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yoong Onn Corp Bhd (XKLS:5159) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Jalan Permata 2, Lot No. PT 16690-16692, Arab-Malaysian Industrial Park, Nilai, NSN, MYS, 71800

Website

https://www.yoongonn.com

Yoong Onn Corp Bhd is an integrated designer, manufacturer, distributor, and retailer of home linen and bedding accessories. It also supplies bedding and bath linen and accessories to hospitality-based institutions, including military accommodations, cruise ships, hospitals, and royal customs. The company is organized into three principal operating divisions, Manufacturing; Distribution and Trading; and Retailing. Its primary geographic markets are Malaysia, Singapore, Vietnam, and others. Malaysia contributes to the vast majority of total revenue. The company generates maximum revenue from the Distribution and Trading segment.

Yoong Onn Bhd (XKLS:5159) Headlines

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