Rimbaco Group Global (HKSE:01953) ROCE % : 19.13% (As of Oct. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Rimbaco Group Global 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. Rimbaco Group Global's annualized ROCE % for the quarter that ended in Oct. 2023 was 19.13%.

Rimbaco Group Global ROCE % Historical Data

The historical data trend for Rimbaco Group Global'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.

Rimbaco Group Global ROCE % Chart

Rimbaco Group Global Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

ROCE %

Get a 7-Day Free Trial

20.62

8.78

10.97

0.63

17.25

Rimbaco Group Global Semi-Annual Data
	Oct17	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
ROCE %	Get a 7-Day Free Trial							-2.37	8.87	-7.54	14.31	19.13

Rimbaco Group Global ROCE % Calculation

Rimbaco Group Global's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	44.701	/	( ( (474.323 - 211.361)	+	(574.043 - 318.75) )	/ 2 )
	=	44.701	/	( (262.962	+	255.293)	/ 2 )
	=	44.701	/	259.1275
	=	17.25 %

Rimbaco Group Global's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	52.436	/	( ( (585.116 - 292.105)	+	(574.043 - 318.75) )	/ 2 )
	=	52.436	/	( ( 293.011	+	255.293 )	/ 2 )
	=	52.436	/	274.152
	=	19.13 %

(1) Note: The EBIT data used here is two times the semi-annual (Oct. 2023) EBIT data.

Rimbaco Group Global (HKSE:01953) 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.

Rimbaco Group Global ROCE % Related Terms

Thank you for viewing the detailed overview of Rimbaco Group Global's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Rimbaco Group Global (HKSE:01953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rimbaco Group Global Ltd (HKSE:01953) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Silver Square, Perak Road, 309-E, 1st floor, George Town, MYS, 10150

Website

https://www.rimbaco.com.my

Rimbaco Group Global Ltd is a Malaysia-based building construction contractor focusing on the provision of building construction services for factories, including low-rise processing facilities and manufacturing plants; and institutional, commercial, and/or residential buildings such as private hospitals, hotels, shopping malls, high-rise residential buildings, and commercial/residential complex. The company also undertakes small-scale ancillary construction works, including but not limited to renovation works, repair works, and electrical works.

Executives

Lai Swee Yin
Low Seah Sun	2201 Interest of corporation controlled by you
Rbc Venture Limited

Rimbaco Group Global (HKSE:01953) Headlines

No Headlines