Asia Fiber PCL (BKK:AFC) ROCE % : 1.32% (As of Mar. 2024)

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What is Asia Fiber 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. Asia Fiber PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.32%.

Asia Fiber PCL ROCE % Historical Data

The historical data trend for Asia Fiber 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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Asia Fiber PCL ROCE % Chart

Asia Fiber PCL Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-1.64

-3.09

3.07

2.49

-5.57

Asia Fiber PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-5.58	-0.70	0.52	-0.76	1.32

Asia Fiber PCL ROCE % Calculation

Asia Fiber PCL'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 )
	=	-76.125	/	( ( (1533.075 - 146.879)	+	(1496.592 - 149.681) )	/ 2 )
	=	-76.125	/	( (1386.196	+	1346.911)	/ 2 )
	=	-76.125	/	1366.5535
	=	-5.57 %

Asia Fiber 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 )
	=	17.792	/	( ( (1500.389 - 157.17)	+	(1477.281 - 130.722) )	/ 2 )
	=	17.792	/	( ( 1343.219	+	1346.559 )	/ 2 )
	=	17.792	/	1344.889
	=	1.32 %

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

Asia Fiber PCL (BKK:AFC) 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.

Asia Fiber PCL ROCE % Related Terms

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Asia Fiber PCL (BKK:AFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Asia Fiber PCL (BKK:AFC) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

33/133-136 Surawongse Road, 27th Floor, Wall Street Tower, Suriyawongse, Bangrak, Bangkok, THA, 10500

Website

https://www.asiafiber.com

Asia Fiber PCL is a manufacturer of nylon products in Thailand. The company's operating segment include Nylon Chip; Filament yarn; Textured Yarn and Other includes Sale Grey Fabric, Dyed and Finished Fabric, and other services. It generates maximum revenue from the Nylon Chip segment. The company derives a majority of revenue from export business.