Solarvest Holdings Bhd (XKLS:0215) ROCE % : 16.90% (As of Dec. 2023)

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What is Solarvest 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. Solarvest Holdings Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.90%.

Solarvest Holdings Bhd ROCE % Historical Data

The historical data trend for Solarvest 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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Solarvest Holdings Bhd ROCE % Chart

Solarvest Holdings Bhd Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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24.81

20.75

19.78

7.57

12.65

Solarvest Holdings Bhd Quarterly Data
	Mar18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															13.03	12.09	13.39	12.33	16.90

Solarvest Holdings Bhd ROCE % Calculation

Solarvest Holdings 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 )
	=	31.801	/	( ( (253.569 - 60.084)	+	(474.275 - 164.955) )	/ 2 )
	=	31.801	/	( (193.485	+	309.32)	/ 2 )
	=	31.801	/	251.4025
	=	12.65 %

Solarvest Holdings 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 )
	=	68.732	/	( ( (560.979 - 156.349)	+	(536.064 - 127.1) )	/ 2 )
	=	68.732	/	( ( 404.63	+	408.964 )	/ 2 )
	=	68.732	/	406.797
	=	16.90 %

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

Solarvest Holdings Bhd (XKLS:0215) 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.

Solarvest Holdings Bhd ROCE % Related Terms

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Solarvest Holdings Bhd (XKLS:0215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solarvest Holdings Bhd (XKLS:0215) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No. 5, Jalan 13/6, Seksyen 13, L1-01, Pacific 63 at PJ Centre, Petaling Jaya, SGR, MYS, 46200

Website

https://www.solarvest.my

Solarvest Holdings Bhd is an investment holding company. The company's operating segment includes (engineering, procurement, construction and commissioning) EPCC of the solar energy system; Operations and maintenance of solar energy system; Sale of electricity through solar energy generation, and others. It generates maximum revenue from EPCC of the solar energy system segment. The company serves residential; commercial; industrial and large-scale solar energy producers.

Solarvest Holdings Bhd (XKLS:0215) Headlines

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