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Hai Leck Holdings (SGX:BLH) ROCE % : 2.27% (As of Dec. 2023)


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What is Hai Leck 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. Hai Leck Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.27%.


Hai Leck Holdings ROCE % Historical Data

The historical data trend for Hai Leck 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.

Hai Leck Holdings ROCE % Chart

Hai Leck Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 4.27 11.15 10.29 3.49

Hai Leck Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 5.73 0.79 11.18 5.20 2.27

Hai Leck Holdings ROCE % Calculation

Hai Leck Holdings'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 )
=4.247/( ( (145.935 - 23.833) + (133.907 - 12.806) )/ 2 )
=4.247/( (122.102+121.101)/ 2 )
=4.247/121.6015
=3.49 %

Hai Leck Holdings'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: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=2.72/( ( (135.58 - 13.749) + (130.136 - 12.236) )/ 2 )
=2.72/( ( 121.831 + 117.9 )/ 2 )
=2.72/119.8655
=2.27 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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.


Hai Leck Holdings  (SGX:BLH) 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.


Hai Leck Holdings ROCE % Related Terms

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Hai Leck Holdings (SGX:BLH) Business Description

Traded in Other Exchanges
N/A
Address
47 Tuas View Circuit, Singapore, SGP, 637357
Hai Leck Holdings Ltd is an investment holding company. The company's operating segment based on its products and services includes Project and maintenance services and Contact centre services. The project and maintenance services segment comprises of mechanical engineering services, scaffolding, corrosion prevention services, thermal insulation services, refractory and passive fireproofing and complemented by general civil engineering services. Its Contact centre services segment pertains to call centre services, telecommunications, and information technology services. Geographically, it derives a majority of revenue from Singapore.

Hai Leck Holdings (SGX:BLH) Headlines

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