Zen Tech International Bhd (XKLS:0094) ROCE % : -4.30% (As of Mar. 2024)

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What is Zen Tech International 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. Zen Tech International Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was -4.30%.

Zen Tech International Bhd ROCE % Historical Data

The historical data trend for Zen Tech International 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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Zen Tech International Bhd ROCE % Chart

Zen Tech International Bhd Annual Data

Trend

Jul11

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jun22

Jun23

ROCE %

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-29.38

-37.47

-44.94

-13.83

-21.19

Zen Tech International Bhd Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Apr20	Jul20	Oct20	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-23.12	-24.63	-3.86	-5.19	-4.30

Zen Tech International Bhd ROCE % Calculation

Zen Tech International Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-11.163	/	( ( (58.658 - 22.62)	+	(83.63 - 14.295) )	/ 2 )
	=	-11.163	/	( (36.038	+	69.335)	/ 2 )
	=	-11.163	/	52.6865
	=	-21.19 %

Zen Tech International Bhd's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-2.964	/	( ( (79.184 - 11.952)	+	(86.257 - 15.482) )	/ 2 )
	=	-2.964	/	( ( 67.232	+	70.775 )	/ 2 )
	=	-2.964	/	69.0035
	=	-4.30 %

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

Zen Tech International Bhd (XKLS:0094) 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.

Zen Tech International Bhd ROCE % Related Terms

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Zen Tech International Bhd (XKLS:0094) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zen Tech International Bhd (XKLS:0094) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lingkaran Syed Putra, Unit No. 53-6 The Boulevard, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.ztech.com.my

Zen Tech International Bhd is a is Malaysia-based investment holding company. The company and its subsidiaries are predominantly engaged in software development, system integration, IT management consulting, and other related professional services. segments, The company operates in three business segments namely, the Software and Books segment, which comprises of software development and system integration solutions; the Gloves segment, which comprises the manufacturing of rubber gloves, and the Corporate segment, which comprises of investment holdings and other related services. Substantial portion of its overall revenue is generated from the Gloves segment and majority of its revenue is generated from the Malaysian market.

Zen Tech International Bhd (XKLS:0094) Headlines

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