Hiap Seng Industries (SGX:1L2) ROCE % : 0.00% (As of Sep. 2024)

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What is Hiap Seng Industries 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. Hiap Seng Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Hiap Seng Industries ROCE % Historical Data

The historical data trend for Hiap Seng Industries'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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Hiap Seng Industries ROCE % Chart

Hiap Seng Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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1,630.23

Hiap Seng Industries Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Hiap Seng Industries ROCE % Calculation

Hiap Seng Industries's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	20.492	/	( ( (32.08 - 49.296)	+	(26.011 - 6.281) )	/ 2 )
	=	20.492	/	( (-17.216	+	19.73)	/ 2 )
	=	20.492	/	1.257
	=	1,630.23 %

Hiap Seng Industries'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	0	/	( ( (26.011 - 6.281)	+	(28.611 - 5.76) )	/ 2 )
	=	0	/	( ( 19.73	+	22.851 )	/ 2 )
	=	0	/	21.2905
	=	0.00 %

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

Hiap Seng Industries (SGX:1L2) 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.

Hiap Seng Industries ROCE % Related Terms

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Hiap Seng Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hiap Seng Industries Ltd (SGX:1L2) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Tuas Crescent, Singapore, SGP, 638719

Website

https://www.hiapseng.com

Hiap Seng Industries Ltd is engaged in the provision of building construction, engineering, procurement, construction and plant maintenance services for oil and gas and energy sectors and, the provision of process and industrial plant engineering and consultancy services. Its segment is Plant construction and maintenance segment.

Hiap Seng Industries Headlines

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