Hiap Huat Holdings Bhd (XKLS:0160) ROCE % : 3.69% (As of Dec. 2024)

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What is Hiap Huat Holdings 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. Hiap Huat Holdings Bhd's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.69%.

Hiap Huat Holdings Bhd ROCE % Historical Data

The historical data trend for Hiap Huat Holdings 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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Hiap Huat Holdings Bhd ROCE % Chart

Hiap Huat Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-1.13

6.92

10.58

10.54

3.87

Hiap Huat Holdings Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															13.88	3.48	7.29	5.97	3.69

Hiap Huat Holdings Bhd ROCE % Calculation

Hiap Huat Holdings Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	8.692	/	( ( (129.084 - 7.459)	+	(352.304 - 24.32) )	/ 2 )
	=	8.692	/	( (121.625	+	327.984)	/ 2 )
	=	8.692	/	224.8045
	=	3.87 %

Hiap Huat Holdings Bhd's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	9.028	/	( ( (185.209 - 23.315)	+	(352.304 - 24.32) )	/ 2 )
	=	9.028	/	( ( 161.894	+	327.984 )	/ 2 )
	=	9.028	/	244.939
	=	3.69 %

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

Hiap Huat Holdings Bhd (XKLS:0160) 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.

Hiap Huat Holdings Bhd ROCE % Related Terms

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Hiap Huat Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hiap Huat Holdings Bhd (XKLS:0160) » Definitions » ROCE %

Comparable Companies

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N/A

Address

Jalan Sungai Pinang 5/3, Lot 102521, Fasa 2, Kawasan Perindustrian Pulau Indah, Pulau Indah, SGR, MYS, 42920

Website

https://www.hiaphuat.com

Hiap Huat Holdings Bhd through its subsidiaries is engaged in manufacturing, recycling, and refining petroleum-based products. The company is involved in various industries, such as scheduled waste management, oil and gas, petrochemicals, and laboratory services. Geographically, it derives maximum revenue from Malaysia and also has a presence in Singapore, Italy, Hong Kong, and Vietnam. Its products include Fuel Oil, Base Oil, Petrochemicals, Lubricants, Grease, Paint, and Container.

Hiap Huat Holdings Bhd Headlines

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