Chemical Industries (Far East) (SGX:C05) ROCE % : -2.04% (As of Sep. 2023)

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What is Chemical Industries (Far East) 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. Chemical Industries (Far East)'s annualized ROCE % for the quarter that ended in Sep. 2023 was -2.04%.

Chemical Industries (Far East) ROCE % Historical Data

The historical data trend for Chemical Industries (Far East)'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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Chemical Industries (Far East) ROCE % Chart

Chemical Industries (Far East) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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9.75

3.74

5.40

4.46

3.04

Chemical Industries (Far East) Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															-2.57	11.59	1.39	4.74	-2.04

Chemical Industries (Far East) ROCE % Calculation

Chemical Industries (Far East)'s annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	4.133	/	( ( (152.65 - 16.552)	+	(145.988 - 9.755) )	/ 2 )
	=	4.133	/	( (136.098	+	136.233)	/ 2 )
	=	4.133	/	136.1655
	=	3.04 %

Chemical Industries (Far East)'s ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-2.742	/	( ( (145.988 - 9.755)	+	(138.237 - 5.213) )	/ 2 )
	=	-2.742	/	( ( 136.233	+	133.024 )	/ 2 )
	=	-2.742	/	134.6285
	=	-2.04 %

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

Chemical Industries (Far East) (SGX:C05) 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.

Chemical Industries (Far East) ROCE % Related Terms

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Chemical Industries (Far East) (SGX:C05) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemical Industries (Far East) Ltd (SGX:C05) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Jalan Samulun, Singapore, SGP, 629127

Website

https://www.cil.com.sg

Chemical Industries (Far East) Ltd is engaged as the sole manufacturer of Chemical products in Singapore. The company operates through two segments Industrial Chemicals and Properties. It generates maximum revenue from the Industrial Chemicals segment. Geographically, it derives a majority of its revenue from Singapore. Its product portfolio consists of Chlorine, Caustic Soda, Sodium HypoChlorite, and Hydrochloric Acid.

Chemical Industries (Far East) (SGX:C05) Headlines

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