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Taka Jewellery Holdings (SGX:42L) ROCE % : 9.39% (As of Jun. 2024)


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What is Taka Jewellery 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. Taka Jewellery Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 9.39%.


Taka Jewellery Holdings ROCE % Historical Data

The historical data trend for Taka Jewellery 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.

* Premium members only.

Taka Jewellery Holdings ROCE % Chart

Taka Jewellery Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.19 6.38 9.84 10.24

Taka Jewellery Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only 9.04 12.48 7.12 10.96 9.39

Taka Jewellery Holdings ROCE % Calculation

Taka Jewellery Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=14.337/( ( (194.156 - 57.106) + (212.345 - 69.406) )/ 2 )
=14.337/( (137.05+142.939)/ 2 )
=14.337/139.9945
=10.24 %

Taka Jewellery 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 )
=13.38/( ( (204.842 - 62.728) + (212.345 - 69.406) )/ 2 )
=13.38/( ( 142.114 + 142.939 )/ 2 )
=13.38/142.5265
=9.39 %

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


Taka Jewellery Holdings  (SGX:42L) 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.


Taka Jewellery Holdings ROCE % Related Terms

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Taka Jewellery Holdings Business Description

Traded in Other Exchanges
N/A
Address
3 Kaki Bukit Place, Eunos Techpark, Singapore, SGP, 416181
Taka Jewellery Holdings Ltd is involved in the design, manufacturing and sale of jewellery in Singapore under the Taka Jewellery brand as well as on a wholesale basis to the markets through active participation in international jewellery exhibitions. The company's segment includes Wholesale and Exhibitions; Retail; and Financial Services. It generates maximum revenue from the Financial services segment. The Financial services segment relates to the existing pawn-broking business and the secured lending business.

Taka Jewellery Holdings Headlines

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