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PXPC (Phoenix Plus) ROCE % : -95.80% (As of Apr. 2024)


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What is Phoenix Plus 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. Phoenix Plus's annualized ROCE % for the quarter that ended in Apr. 2024 was -95.80%.


Phoenix Plus ROCE % Historical Data

The historical data trend for Phoenix Plus'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.

Phoenix Plus ROCE % Chart

Phoenix Plus Annual Data
Trend Jul20 Jul21 Jul22 Jul23
ROCE %
-47.33 -17.65 -33.20 -28.85

Phoenix Plus Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -43.29 -37.06 -14.56 -41.95 -95.80

Phoenix Plus ROCE % Calculation

Phoenix Plus's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=-0.389/( ( (1.583 - 0.067) + (1.251 - 0.07) )/ 2 )
=-0.389/( (1.516+1.181)/ 2 )
=-0.389/1.3485
=-28.85 %

Phoenix Plus's ROCE % of for the quarter that ended in Apr. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2024 )  (Q: Jan. 2024 )(Q: Apr. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2024 )  (Q: Jan. 2024 )(Q: Apr. 2024 )
=-0.844/( ( (1.35 - 0.341) + (0.983 - 0.23) )/ 2 )
=-0.844/( ( 1.009 + 0.753 )/ 2 )
=-0.844/0.881
=-95.80 %

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

* 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.


Phoenix Plus  (OTCPK:PXPC) 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.


Phoenix Plus ROCE % Related Terms

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Phoenix Plus Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2-3 & 2-5 Bedford Business Park, Jalan 3/137B, Batu 5, Jalan Kelang Lama, Kuala Lumpur, MYS, 58200
Phoenix Plus Corp through its Hong Kong subsidiary is engaged in providing technical consultancy on solar power systems and consultancy on green energy solutions, with an additional focus on the commercialization of a targeted portfolio of solar products and technologies for a wide range of applications including electrical power production. The company is geographically segmented in United States, Malaysia and Hong Kong, out of which it generates majority of its revenue from Malaysia.

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