Heng Leasing and Capital PCL (BKK:HENG) ROCE % : 4.43% (As of Dec. 2024)

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What is Heng Leasing and Capital 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. Heng Leasing and Capital PCL's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.43%.

Heng Leasing and Capital PCL ROCE % Historical Data

The historical data trend for Heng Leasing and Capital 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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Heng Leasing and Capital PCL ROCE % Chart

Heng Leasing and Capital PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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8.79

7.27

8.06

7.24

2.67

Heng Leasing and Capital PCL Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															9.24	2.95	0.13	2.80	4.43

Heng Leasing and Capital PCL ROCE % Calculation

Heng Leasing and Capital PCL's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	261.638	/	( ( (15673.196 - 4539.274)	+	(13087.966 - 4626.068) )	/ 2 )
	=	261.638	/	( (11133.922	+	8461.898)	/ 2 )
	=	261.638	/	9797.91
	=	2.67 %

Heng Leasing and Capital PCL's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	411.62	/	( ( (13913.603 - 3774.645)	+	(13087.966 - 4626.068) )	/ 2 )
	=	411.62	/	( ( 10138.958	+	8461.898 )	/ 2 )
	=	411.62	/	9300.428
	=	4.43 %

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

Heng Leasing and Capital PCL (BKK:HENG) 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.

Heng Leasing and Capital PCL ROCE % Related Terms

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Heng Leasing and Capital PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Heng Leasing and Capital PCL (BKK:HENG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HENG-R:Thailand

Address

69 Moo 7, Tambon Sansai Noi, Amphur Sansai, Chiang Mai, THA, 50210

Website

https://www.hengleasing.com

Heng Leasing and Capital PCL is engaged Company is principally engaged in providing financial services specifically hire purchase, loans secured against vehicle registrations, land and building loans, personal loans, and nano finance without collateral. The company operates. in the single operating segment of hire purchase and loan receivables. The operations are carried out in a single geographical area of Thailand.

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