UG Healthcare (SGX:8K7) ROCE % : -5.83% (As of Dec. 2023)

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What is UG Healthcare 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. UG Healthcare's annualized ROCE % for the quarter that ended in Dec. 2023 was -5.83%.

UG Healthcare ROCE % Historical Data

The historical data trend for UG Healthcare'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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UG Healthcare ROCE % Chart

UG Healthcare Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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8.58

34.90

119.62

21.73

-12.25

UG Healthcare Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															24.54	19.56	-7.39	-17.10	-5.83

UG Healthcare ROCE % Calculation

UG Healthcare's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-27.446	/	( ( (288.039 - 37.155)	+	(229.996 - 32.777) )	/ 2 )
	=	-27.446	/	( (250.884	+	197.219)	/ 2 )
	=	-27.446	/	224.0515
	=	-12.25 %

UG Healthcare'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 )
	=	-11.212	/	( ( (229.996 - 32.777)	+	(215.392 - 27.861) )	/ 2 )
	=	-11.212	/	( ( 197.219	+	187.531 )	/ 2 )
	=	-11.212	/	192.375
	=	-5.83 %

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

UG Healthcare (SGX:8K7) 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.

UG Healthcare ROCE % Related Terms

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UG Healthcare (SGX:8K7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » UG Healthcare Corp Ltd (SGX:8K7) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 North Bridge Road, No 06-15 High Street Centre, Singapore, SGP, 179094

Website

https://www.ughealthcarecorporation.com

UG Healthcare Corp Ltd is a rubber gloves manufacturer. The company manufactures and distributes products under the Unigloves brand as well as Original Equipment Manufacturer (OEM). The company's business segments are latex examination gloves, nitrile examination gloves, and other ancillary products. It also offers vinyl gloves, surgical gloves and cleanroom gloves, face masks, and other medical disposables. It has two manufacturing plants located in Seremban, Malaysia. Its gloves are used in medical and healthcare, food and beverage, R&D, Industrials and beauty industry. It has a geographical presence with the majority of the revenue generated from Europe.

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