Union Gas Holdings (SGX:1F2) ROCE % : 16.97% (As of Dec. 2023)

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What is Union Gas 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. Union Gas Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.97%.

Union Gas Holdings ROCE % Historical Data

The historical data trend for Union Gas 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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Union Gas Holdings ROCE % Chart

Union Gas Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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25.00

51.70

21.90

6.50

16.00

Union Gas Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial													2.75	7.22	6.11	15.14	16.97

Union Gas Holdings ROCE % Calculation

Union Gas 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 )
	=	16.419	/	( ( (141.184 - 41.355)	+	(144.982 - 39.598) )	/ 2 )
	=	16.419	/	( (99.829	+	105.384)	/ 2 )
	=	16.419	/	102.6065
	=	16.00 %

Union Gas Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	17.58	/	( ( (138.176 - 36.431)	+	(144.982 - 39.598) )	/ 2 )
	=	17.58	/	( ( 101.745	+	105.384 )	/ 2 )
	=	17.58	/	103.5645
	=	16.97 %

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

Union Gas Holdings (SGX:1F2) 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.

Union Gas Holdings ROCE % Related Terms

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Union Gas Holdings (SGX:1F2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Union Gas Holdings Ltd (SGX:1F2) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Defu Lane 10, Union Gas House, Singapore, SGP, 539220

Website

https://www.uniongas.com.sg

Union Gas Holdings Ltd is engaged in the retailing of LPG, CNG, and diesel. It mainly sells bottled LPG cylinders in Singapore. The company also sells and distributes diesel to retail customers at its fuel station, as well as transports, distributes and bulk sells diesel to commercial and industrial customers. The operating segments of the company Retail LPG (Domestic) Business, Retail LPG (Commercial) Business, Natural gas and diesel business, and Other operations. It derives majority of revenue from Retail LPG (Domestic) Business.

Union Gas Holdings (SGX:1F2) Headlines

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