Jadason Enterprises (SGX:J03) ROCE % : -110.25% (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Jadason Enterprises 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. Jadason Enterprises's annualized ROCE % for the quarter that ended in Dec. 2023 was -110.25%.

Jadason Enterprises ROCE % Historical Data

The historical data trend for Jadason Enterprises'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.

Jadason Enterprises ROCE % Chart

Jadason Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-29.59

-6.91

-27.10

-26.70

-67.00

Jadason Enterprises 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															-30.62	-34.08	-16.74	-30.42	-110.25

Jadason Enterprises ROCE % Calculation

Jadason Enterprises's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-7.732	/	( ( (30.925 - 13.59)	+	(21.344 - 15.597) )	/ 2 )
	=	-7.732	/	( (17.335	+	5.747)	/ 2 )
	=	-7.732	/	11.541
	=	-67.00 %

Jadason Enterprises'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 )
	=	-10.738	/	( ( (28.039 - 14.306)	+	(21.344 - 15.597) )	/ 2 )
	=	-10.738	/	( ( 13.733	+	5.747 )	/ 2 )
	=	-10.738	/	9.74
	=	-110.25 %

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

Jadason Enterprises (SGX:J03) 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.

Jadason Enterprises ROCE % Related Terms

Thank you for viewing the detailed overview of Jadason Enterprises's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Jadason Enterprises (SGX:J03) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jadason Enterprises Ltd (SGX:J03) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3 Kaki Bukit Crescent, No.03-01, Singapore, SGP, 416237

Website

http://www.jadason.com

Jadason Enterprises Ltd is an investment holding company engaged in the distribution of machines and materials for the printed circuit board (PCB) and semiconductor industries. It operates through two segments: Equipment and supplies, which includes the provision of equipment and supplies to the PCB industry; and Manufacturing and support services, which includes the provision of equipment after-sales support and services, PCB drilling services, and PCB mass lamination services in China. It derives revenue from Singapore, the PRC, and other countries.

Jadason Enterprises (SGX:J03) Headlines

No Headlines