Yongmao Holdings (SGX:BKX) ROCE % : 5.57% (As of Sep. 2024)

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What is Yongmao 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. Yongmao Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 5.57%.

Yongmao Holdings ROCE % Historical Data

The historical data trend for Yongmao 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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Yongmao Holdings ROCE % Chart

Yongmao Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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9.91

10.38

10.25

8.08

7.02

Yongmao Holdings 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															11.47	5.08	11.90	1.93	5.57

Yongmao Holdings ROCE % Calculation

Yongmao Holdings'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 )
	=	14.164	/	( ( (395.717 - 189.834)	+	(384.135 - 186.577) )	/ 2 )
	=	14.164	/	( (205.883	+	197.558)	/ 2 )
	=	14.164	/	201.7205
	=	7.02 %

Yongmao Holdings'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 )
	=	11.608	/	( ( (384.135 - 186.577)	+	(408.331 - 188.799) )	/ 2 )
	=	11.608	/	( ( 197.558	+	219.532 )	/ 2 )
	=	11.608	/	208.545
	=	5.57 %

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

Yongmao Holdings (SGX:BKX) 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.

Yongmao Holdings ROCE % Related Terms

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Yongmao Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Yongmao Holdings Ltd (SGX:BKX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

81 Ubi Avenue 4, No. 09-01 UB. One, Singapore, SGP, 408830

Website

http://www.yongmaoholdings.com

Yongmao Holdings Ltd is involved in the design, development, and manufacture of a wide range of tower cranes, components, and accessories. The products are mainly sold to construction equipment distributors and equipment rental companies. Yongmao Holdings offers tower cranes with various lifting capacities that include the Topless STT series, ST series, Luffing STL series, and Derrick Q series. The business of the company is classified under geographical segments the People's Republic of China, Hong Kong and Macau, and Singapore. The People's Republic of China segment generates maximum revenue for the company which represents the manufacture and sale, with some rental and servicing of tower cranes and tower crane components and accessories in China.

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