LHN Logistics (SGX:GIH) ROCE % : 17.78% (As of Mar. 2023)

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What is LHN Logistics 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. LHN Logistics's annualized ROCE % for the quarter that ended in Mar. 2023 was 17.78%.

LHN Logistics ROCE % Historical Data

The historical data trend for LHN Logistics'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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LHN Logistics ROCE % Chart

LHN Logistics Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

ROCE %

38.10

21.28

17.84

-9.12

LHN Logistics Semi-Annual Data
	Sep19	Sep20	Sep21	Mar22	Sep22	Mar23
ROCE %	Get a 7-Day Free Trial			-	-	11.03	-31.41	17.78

LHN Logistics ROCE % Calculation

LHN Logistics's annualized ROCE % for the fiscal year that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2022 )		(A: Sep. 2021 )		(A: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2022 )		(A: Sep. 2021 )		(A: Sep. 2022 )
	=	-2.689	/	( ( (37.92 - 6.97)	+	(35.308 - 7.313) )	/ 2 )
	=	-2.689	/	( (30.95	+	27.995)	/ 2 )
	=	-2.689	/	29.4725
	=	-9.12 %

LHN Logistics's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Sep. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Sep. 2022 )		(Q: Mar. 2023 )
	=	5.066	/	( ( (35.308 - 7.313)	+	(39.046 - 10.064) )	/ 2 )
	=	5.066	/	( ( 27.995	+	28.982 )	/ 2 )
	=	5.066	/	28.4885
	=	17.78 %

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

LHN Logistics (SGX:GIH) 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.

LHN Logistics ROCE % Related Terms

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LHN Logistics (SGX:GIH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LHN Logistics Ltd (SGX:GIH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Raeburn Park No. 02-15B, Singapore, SGP, 088702

Website

https://www.lhnlogistics.com

LHN Logistics Ltd is a logistics services group with two principal business segments, namely, transportation and container depot services. Geographically it derives a majority of its revenue from Singapore.

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