Twenty-Four Con & Supply PCL (BKK:24CS) ROCE % : -26.46% (As of Mar. 2024)

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What is Twenty-Four Con & Supply PCL 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. Twenty-Four Con & Supply PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was -26.46%.

Twenty-Four Con & Supply PCL ROCE % Historical Data

The historical data trend for Twenty-Four Con & Supply PCL'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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Twenty-Four Con & Supply PCL ROCE % Chart

Twenty-Four Con & Supply PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

92.49

24.08

25.25

9.03

-8.34

Twenty-Four Con & Supply PCL Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial							4.56	5.66	-21.88	-21.30	-26.46

Twenty-Four Con & Supply PCL ROCE % Calculation

Twenty-Four Con & Supply PCL'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 )
	=	-52.488	/	( ( (1018.863 - 373.89)	+	(758.006 - 144.04) )	/ 2 )
	=	-52.488	/	( (644.973	+	613.966)	/ 2 )
	=	-52.488	/	629.4695
	=	-8.34 %

Twenty-Four Con & Supply PCL's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-158.076	/	( ( (758.006 - 144.04)	+	(728.046 - 147.087) )	/ 2 )
	=	-158.076	/	( ( 613.966	+	580.959 )	/ 2 )
	=	-158.076	/	597.4625
	=	-26.46 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Twenty-Four Con & Supply PCL (BKK:24CS) 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.

Twenty-Four Con & Supply PCL ROCE % Related Terms

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Twenty-Four Con & Supply PCL (BKK:24CS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Twenty-Four Con & Supply PCL (BKK:24CS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ratchadaphisek Road, 89 AIA Capital Center, 9th Floor, Unit 901, Din Daeng Subdistrict, Din Daeng District, Bangkok, THA, 10400

Website

https://www.24con-supply.com

Twenty-Four Con & Supply PCL is engaged in selling and installing ventilation and air conditioning systems, electricity systems and plumbing systems as well as maintenance services. The company's reportable segments are Service render for construction of heating, ventilation, and air conditioning systems, electricity systems and plumbing systems; Service render for maintenance services. The company's majority revenue is generated from Services segment.

Twenty-Four Con & Supply PCL (BKK:24CS) Headlines

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