Jason Marine Group (SGX:5PF) ROCE % : -2.55% (As of Sep. 2024)

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What is Jason Marine Group 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. Jason Marine Group's annualized ROCE % for the quarter that ended in Sep. 2024 was -2.55%.

Jason Marine Group ROCE % Historical Data

The historical data trend for Jason Marine Group'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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Jason Marine Group ROCE % Chart

Jason Marine Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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8.78

1.40

1.31

1.33

Jason Marine Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															1.06	1.58	1.33	1.36	-2.55

Jason Marine Group ROCE % Calculation

Jason Marine Group'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 )
	=	0.321	/	( ( (33.17 - 8.38)	+	(34.516 - 11.072) )	/ 2 )
	=	0.321	/	( (24.79	+	23.444)	/ 2 )
	=	0.321	/	24.117
	=	1.33 %

Jason Marine Group'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 )
	=	-0.582	/	( ( (34.516 - 11.072)	+	(32.654 - 10.492) )	/ 2 )
	=	-0.582	/	( ( 23.444	+	22.162 )	/ 2 )
	=	-0.582	/	22.803
	=	-2.55 %

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

Jason Marine Group (SGX:5PF) 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.

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Jason Marine Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jason Marine Group Ltd (SGX:5PF) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

194 Pandan Loop, Number 06-05 Pantech Business Hub, Singapore, SGP, 128383

Website

https://www.jason.com.sg

Jason Marine Group Ltd is a marine electronics system integrator and provides support services for the marine and offshore oil and gas industries. Its segments are as follows, sale of goods, which involves the design, supply, and sale of marine, communication, navigation, and automation equipment; and rendering of services, which is engaged in the provision of maintenance and support services; and Airtime Revenue, which is engaged in the provision of airtime for the satellite communication system. The company makes its majority revenue from the sale of goods segment and has operations spread across the world.

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