YGL Convergence Bhd (XKLS:0086) ROCE % : -6.08% (As of Dec. 2023)

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What is YGL Convergence 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. YGL Convergence Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -6.08%.

YGL Convergence Bhd ROCE % Historical Data

The historical data trend for YGL Convergence 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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YGL Convergence Bhd ROCE % Chart

YGL Convergence Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar21

Mar22

Mar23

ROCE %

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-1.88

-11.47

2.31

-1.38

-10.69

YGL Convergence Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-20.88	9.66	0.51	-5.30	-6.08

YGL Convergence Bhd ROCE % Calculation

YGL Convergence Bhd'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 )
	=	-1.26	/	( ( (17.621 - 4.808)	+	(15.968 - 5.206) )	/ 2 )
	=	-1.26	/	( (12.813	+	10.762)	/ 2 )
	=	-1.26	/	11.7875
	=	-10.69 %

YGL Convergence Bhd'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 )
	=	-0.824	/	( ( (16.589 - 4.007)	+	(19.28 - 4.757) )	/ 2 )
	=	-0.824	/	( ( 12.582	+	14.523 )	/ 2 )
	=	-0.824	/	13.5525
	=	-6.08 %

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

YGL Convergence Bhd (XKLS:0086) 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.

YGL Convergence Bhd ROCE % Related Terms

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YGL Convergence Bhd (XKLS:0086) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » YGL Convergence Bhd (XKLS:0086) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35, Scotland Road, George Town, PNG, MYS, 10450

Website

https://www.yglworld.com

YGL Convergence Bhd is principally engaged in the marketing and distribution of computer software and hardware and the provision of professional service. The Group's reportable segment includes Software implementation, which is engaged in the Provision of software installation, commissioning, support, and maintenance services and its related services; the Solar panel installation segment, which is engaged in the Provision of engineering, procurement, construction, and commissioning services in solar energy solution and its related services. The majority of the company's revenue is derived from software panel installations. The company's geographical segments include Malaysia, Hong Kong, and other countries, out of which Malaysia derives the majority revenue.

YGL Convergence Bhd (XKLS:0086) Headlines

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