Yew Lee Pacific Group Bhd (XKLS:0248) ROCE % : -0.73% (As of Mar. 2024)

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What is Yew Lee Pacific Group 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. Yew Lee Pacific Group Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.73%.

Yew Lee Pacific Group Bhd ROCE % Historical Data

The historical data trend for Yew Lee Pacific Group 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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Yew Lee Pacific Group Bhd ROCE % Chart

Yew Lee Pacific Group Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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23.25

39.75

29.08

-0.90

-1.65

Yew Lee Pacific Group Bhd Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								1.99	-1.76	0.23	-7.21	-0.73

Yew Lee Pacific Group Bhd ROCE % Calculation

Yew Lee Pacific Group Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-1.251	/	( ( (81.74 - 4.067)	+	(77.813 - 3.637) )	/ 2 )
	=	-1.251	/	( (77.673	+	74.176)	/ 2 )
	=	-1.251	/	75.9245
	=	-1.65 %

Yew Lee Pacific Group 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 )
	=	-0.54	/	( ( (77.813 - 3.637)	+	(78.294 - 4.111) )	/ 2 )
	=	-0.54	/	( ( 74.176	+	74.183 )	/ 2 )
	=	-0.54	/	74.1795
	=	-0.73 %

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

Yew Lee Pacific Group Bhd (XKLS:0248) 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.

Yew Lee Pacific Group Bhd ROCE % Related Terms

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Yew Lee Pacific Group Bhd (XKLS:0248) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Yew Lee Pacific Group Bhd (XKLS:0248) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Jalan Johan 2/1, Kawasan Perindustrian Pengkalan II, Pusing, PRK, MYS, 31550

Website

https://www.yewlee.com.my

Yew Lee Pacific Group Bhd is engaged in the manufacturing of industrial and household brushes as well as the trading of machinery parts and industrial hardware. The firm operates in three different segments namely the Manufacturing segment Which consists mainly of the manufacturing of industrial brushes; the Trading segment Which consists of trading industrial hardware and machinery parts; and Investment holding operations.

Yew Lee Pacific Group Bhd (XKLS:0248) Headlines

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