PT Chandra Asri Pacific Tbk (ISX:TPIA) ROCE % : 1.70% (As of Sep. 2024)

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What is PT Chandra Asri Pacific 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 Chandra Asri Pacific Tbk's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.70%.

PT Chandra Asri Pacific Tbk ROCE % Historical Data

The historical data trend for PT Chandra Asri Pacific 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 Chandra Asri Pacific Tbk ROCE % Chart

PT Chandra Asri Pacific Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.37

3.26

7.68

-2.64

1.33

PT Chandra Asri Pacific Tbk Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															0.23	0.31	-0.81	0.99	1.70

PT Chandra Asri Pacific Tbk ROCE % Calculation

PT Chandra Asri Pacific 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 )
	=	941439.268	/	( ( (77551861.215 - 9559468.732)	+	(86552351.941 - 12599830.116) )	/ 2 )
	=	941439.268	/	( (67992392.483	+	73952521.825)	/ 2 )
	=	941439.268	/	70972457.154
	=	1.33 %

PT Chandra Asri Pacific Tbk's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	1255416.796	/	( ( (80603227.801 - 8364116.502)	+	(82452931.12 - 6613414.689) )	/ 2 )
	=	1255416.796	/	( ( 72239111.299	+	75839516.431 )	/ 2 )
	=	1255416.796	/	74039313.865
	=	1.70 %

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

PT Chandra Asri Pacific Tbk (ISX:TPIA) 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 Chandra Asri Pacific Tbk ROCE % Related Terms

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PT Chandra Asri Pacific Tbk Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PT Chandra Asri Pacific Tbk (ISX:TPIA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

878:Germany

Address

Jalan Let. Jend. S. Parman Kav. 62 - 63, Wisma Barito Pacific Tower A, 7th Floor, Jakarta, IDN, 11410

Website

https://www.chandra-asri.com

PT Chandra Asri Pacific Tbk produces petrochemicals. The company's reportable segments are; Olefin, Polyolefin, Styrene monomer, Butadiene, Methyl Tertiary Butyl Ether (MTBE) & Butene-1, Tanks and jetty rental, and Electricity. The majority of the company's revenue is generated from the Polyolefin segment followed by the Olefins which includes revenue generated from its products like ethylene, propylene, pyrolysis, gasoline, mixed C4, naphtha, polyethylene and polypropylene. Geographically, the company operates in Indonesia and Singapore.