Bahvest Resources Bhd (XKLS:0098) ROCE % : 33.92% (As of Mar. 2024)

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What is Bahvest Resources 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. Bahvest Resources Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 33.92%.

Bahvest Resources Bhd ROCE % Historical Data

The historical data trend for Bahvest Resources 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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Bahvest Resources Bhd ROCE % Chart

Bahvest Resources Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Sep23

ROCE %

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1.90

-84.08

-7.27

16.47

Bahvest Resources Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															11.99	-17.55	7.57	43.44	33.92

Bahvest Resources Bhd ROCE % Calculation

Bahvest Resources Bhd's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Mar. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Mar. 2022 )		(A: Sep. 2023 )
	=	0	/	( ( (164.901 - 32.261)	+	(171.6 - 33.83) )	/ 2 )
	=	0	/	( (132.64	+	137.77)	/ 2 )
	=	0	/	135.205
	=	0.00 %

Bahvest Resources 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 )
	=	51.556	/	( ( (177.47 - 29.529)	+	(189.476 - 33.404) )	/ 2 )
	=	51.556	/	( ( 147.941	+	156.072 )	/ 2 )
	=	51.556	/	152.0065
	=	33.92 %

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

Bahvest Resources Bhd (XKLS:0098) 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.

Bahvest Resources Bhd ROCE % Related Terms

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Bahvest Resources Bhd (XKLS:0098) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bahvest Resources Bhd (XKLS:0098) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Mile 2, Jalan Leila, Bandar Nam Tung, P.O. Box No. 2112, Block E, Lot 4, Sandakan, SBH, MYS, 90724

Website

https://www.bahvest.com.my

Bahvest Resources Bhd is an investment holding company. The company's operating segment includes Aquaculture operations, Investment holding, and Mining operations. It generates maximum revenue from the Mining operations segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Hong Kong.

Bahvest Resources Bhd (XKLS:0098) Headlines

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