KGBLY (Kingboard Laminates Holdings) ROCE % : 12.45% (As of Jun. 2024)

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What is Kingboard Laminates Holdings 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. Kingboard Laminates Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 12.45%.

Kingboard Laminates Holdings ROCE % Historical Data

The historical data trend for Kingboard Laminates Holdings'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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Kingboard Laminates Holdings ROCE % Chart

Kingboard Laminates Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.99

21.34

48.62

17.62

7.80

Kingboard Laminates Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															30.56	6.79	7.39	8.52	12.45

Kingboard Laminates Holdings ROCE % Calculation

Kingboard Laminates Holdings'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 )
	=	187.792	/	( ( (3121.203 - 604.666)	+	(3017.092 - 716.447) )	/ 2 )
	=	187.792	/	( (2516.537	+	2300.645)	/ 2 )
	=	187.792	/	2408.591
	=	7.80 %

Kingboard Laminates Holdings'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 )
	=	284.586	/	( ( (3017.092 - 716.447)	+	(3158.172 - 887.478) )	/ 2 )
	=	284.586	/	( ( 2300.645	+	2270.694 )	/ 2 )
	=	284.586	/	2285.6695
	=	12.45 %

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

Kingboard Laminates Holdings (OTCPK:KGBLY) 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.

Kingboard Laminates Holdings ROCE % Related Terms

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Kingboard Laminates Holdings Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kingboard Laminates Holdings Ltd (OTCPK:KGBLY) » Definitions » ROCE %

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01888:Hong Kong KLN:Germany

Address

3 On Yiu Street, 23rd Floor, Delta House, Shek Mun, Shatin, N.T., Hong Kong, HKG

Website

https://www.kblaminates.com

Kingboard Laminates Holdings Ltd is an electronic materials manufacturer engaged in the production of laminates. The group is organized into three reportable segments that are the manufacturing and sale of laminates, properties, and investments. The laminate segment contributes to the majority of the revenue. The company's products include Glass Epoxy Laminates, Paper Laminates, Upstream Materials, and others. The company operates in China, Asian countries, Europe, and America, out of which China accounts for the majority of the revenue.