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Advanced Information Technology PCL (BKK:AIT) ROCE % : 15.69% (As of Mar. 2024)


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What is Advanced Information Technology 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. Advanced Information Technology PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.69%.


Advanced Information Technology PCL ROCE % Historical Data

The historical data trend for Advanced Information Technology 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.

* Premium members only.

Advanced Information Technology PCL ROCE % Chart

Advanced Information Technology PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.42 16.95 20.63 18.82 16.19

Advanced Information Technology 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.96 14.35 14.95 22.96 15.69

Advanced Information Technology PCL ROCE % Calculation

Advanced Information Technology 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 )
=668.318/( ( (6341.162 - 2347.229) + (6581.458 - 2317.327) )/ 2 )
=668.318/( (3993.933+4264.131)/ 2 )
=668.318/4129.032
=16.19 %

Advanced Information Technology 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 )
=688.896/( ( (6581.458 - 2317.327) + (6726.925 - 2212.375) )/ 2 )
=688.896/( ( 4264.131 + 4514.55 )/ 2 )
=688.896/4389.3405
=15.69 %

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

* 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.


Advanced Information Technology PCL  (BKK:AIT) 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.


Advanced Information Technology PCL ROCE % Related Terms

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Advanced Information Technology PCL (BKK:AIT) Business Description

Traded in Other Exchanges
N/A
Address
37/2 Suthisarnvinijchai Road, Samsaennok, Huaykwang, Bangkok, THA, 10320
Advanced Information Technology PCL is engaged in the sale, design, installation, service, ongoing repair and maintenance, training, lump-sum turnkey for information and communication technology network systems, and the renting of computers and electronic equipment. The company operates in two business segments: Sales and Service and revenue from construction contracts; and Rental of Equipment. The majority of its revenue comes from Sale and Service and Revenue from the construction contracts segment. The company offers its services only to the Thailand region.