CH. Karnchang PCL (BKK:CK-F) ROCE % : 3.20% (As of Mar. 2024)

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What is CH. Karnchang 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. CH. Karnchang PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.20%.

CH. Karnchang PCL ROCE % Historical Data

The historical data trend for CH. Karnchang 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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CH. Karnchang PCL ROCE % Chart

CH. Karnchang PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.28

2.91

3.53

3.90

5.21

CH. Karnchang 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															3.92	6.02	6.83	4.08	3.20

CH. Karnchang PCL ROCE % Calculation

CH. Karnchang 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 )
	=	3508.034	/	( ( (85150.789 - 20042.628)	+	(96745.424 - 27257.923) )	/ 2 )
	=	3508.034	/	( (65108.161	+	69487.501)	/ 2 )
	=	3508.034	/	67297.831
	=	5.21 %

CH. Karnchang 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 )
	=	2232.088	/	( ( (96745.424 - 27257.923)	+	(98833.981 - 28823.649) )	/ 2 )
	=	2232.088	/	( ( 69487.501	+	70010.332 )	/ 2 )
	=	2232.088	/	69748.9165
	=	3.20 %

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

CH. Karnchang PCL (BKK:CK-F) 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.

CH. Karnchang PCL ROCE % Related Terms

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CH. Karnchang PCL (BKK:CK-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CH. Karnchang PCL (BKK:CK-F) » Definitions » ROCE %

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Traded in Other Exchanges

CK:Thailand

Address

587 Suthisarn Winitchai Road, Khwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400

Website

https://www.ch-karnchang.co.th

CH. Karnchang PCL completes various construction and infrastructure projects. It accepts orders from government agencies, state enterprises, and private entities. The company operates as a main contractor, winning contracts through the bidding process and negotiations, or as a subcontractor for other entities. The company has two operating segments: construction & related service (the majority of total sales) and investment in the infrastructure business. Infrastructure projects are primarily related to transportation, water treatment systems, and energy production. In certain situations, Ch Karnchang receives concessions from government entities to build public systems and may receive the rights to continue operation upon completion. The majority of its revenue is derived from Thailand.

CH. Karnchang PCL (BKK:CK-F) Headlines

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