PT Pelita Teknologi Global Tbk (ISX:CHIP) ROCE % : 19.22% (As of Jun. 2024)

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What is PT Pelita Teknologi Global Tbk 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. PT Pelita Teknologi Global Tbk's annualized ROCE % for the quarter that ended in Jun. 2024 was 19.22%.

PT Pelita Teknologi Global Tbk ROCE % Historical Data

The historical data trend for PT Pelita Teknologi Global Tbk'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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PT Pelita Teknologi Global Tbk ROCE % Chart

PT Pelita Teknologi Global Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-207.78

99.26

55.61

29.07

PT Pelita Teknologi Global Tbk Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			53.00	56.58	61.54	-2.91	19.22

PT Pelita Teknologi Global Tbk ROCE % Calculation

PT Pelita Teknologi Global Tbk'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 )
	=	17884.455	/	( ( (66758.33 - 25778.322)	+	(113911.853 - 31852.283) )	/ 2 )
	=	17884.455	/	( (40980.008	+	82059.57)	/ 2 )
	=	17884.455	/	61519.789
	=	29.07 %

PT Pelita Teknologi Global Tbk's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	15721.006	/	( ( (113911.853 - 31852.283)	+	(108665.753 - 27121.893) )	/ 2 )
	=	15721.006	/	( ( 82059.57	+	81543.86 )	/ 2 )
	=	15721.006	/	81801.715
	=	19.22 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

PT Pelita Teknologi Global Tbk (ISX:CHIP) 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.

PT Pelita Teknologi Global Tbk ROCE % Related Terms

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PT Pelita Teknologi Global Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Pelita Teknologi Global Tbk (ISX:CHIP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Gatot Subroto KM 5, No. 66 Kroncong, Jatiuwung, Banten, Tangerang, IDN, 15134

Website

https://www.pelitateknologi.com

PT Pelita Teknologi Global Tbk is engaged in consulting, IT design, and the smart card industry, where the company manufactures and programs SIM Card Operating Systems, Produces Scratch cards for prepaid reloads, etc. The company consists of two business activities:- Connectivity Solution- which offers products such as SIM (Subscriber Identity Module) Card. IT Business Line and Application which offers programming services, such as Solutions covering end-to-end applications which includes software program development, program customization, etc. It has four operating segments Operating System & SIM card, Scratch Card, Fulfillment, and Application in which it generates key revenue from Operating Systems & SIM cards.

PT Pelita Teknologi Global Tbk Headlines

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