Sersol Bhd (XKLS:0055) ROCE % : -13.83% (As of Sep. 2024)

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What is Sersol Bhd 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. Sersol Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was -13.83%.

Sersol Bhd ROCE % Historical Data

The historical data trend for Sersol Bhd'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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Sersol Bhd ROCE % Chart

Sersol Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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1.80

-4.07

-3.74

2.42

-8.95

Sersol Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-14.48	-85.93	-108.99	-14.42	-13.83

Sersol Bhd ROCE % Calculation

Sersol Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-1.792	/	( ( (20.598 - 3.85)	+	(25.995 - 2.692) )	/ 2 )
	=	-1.792	/	( (16.748	+	23.303)	/ 2 )
	=	-1.792	/	20.0255
	=	-8.95 %

Sersol Bhd'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 )
	=	-3.284	/	( ( (26.763 - 2.549)	+	(25.884 - 2.595) )	/ 2 )
	=	-3.284	/	( ( 24.214	+	23.289 )	/ 2 )
	=	-3.284	/	23.7515
	=	-13.83 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Sersol Bhd (XKLS:0055) 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.

Sersol Bhd ROCE % Related Terms

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Sersol Bhd Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28, Jalan Canggih 1, Taman Perindustrian Cemerlang, Johor Darul Takzim, Ulu Tiram, JHR, MYS, 81800

Website

https://www.sersol.com.my

Sersol Bhd is a Malaysian company which is principally involved in the coatings business relating to buildings, furniture, electrical and electronic products. The company operates through its geographical segment namely Malaysia and Thailand. Its Malaysia segment involved in manufacturing and selling of coatings, thinners and industrial chemical, investment holding and provision of management services and trading of architectural coating and wall surface finishing material. The Thailand segment manufactures and sales of coatings, thinners and industrial chemical. It derives a majority of revenue from Malaysia.

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