Panda Eco System Bhd (XKLS:0290) ROCE % : 16.30% (As of Dec. 2023)

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What is Panda Eco System 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. Panda Eco System Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.30%.

Panda Eco System Bhd ROCE % Historical Data

The historical data trend for Panda Eco System 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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Panda Eco System Bhd ROCE % Chart

Panda Eco System Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

57.79

61.11

82.55

72.85

27.63

Panda Eco System Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	63.77	80.21	34.89	16.30

Panda Eco System Bhd ROCE % Calculation

Panda Eco System 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 )
	=	6.312	/	( ( (16.483 - 3.627)	+	(38.572 - 5.745) )	/ 2 )
	=	6.312	/	( (12.856	+	32.827)	/ 2 )
	=	6.312	/	22.8415
	=	27.63 %

Panda Eco System 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	5.13	/	( ( (32.71 - 2.609)	+	(38.572 - 5.745) )	/ 2 )
	=	5.13	/	( ( 30.101	+	32.827 )	/ 2 )
	=	5.13	/	31.464
	=	16.30 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Panda Eco System Bhd (XKLS:0290) 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.

Panda Eco System Bhd ROCE % Related Terms

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Panda Eco System Bhd (XKLS:0290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Panda Eco System Bhd (XKLS:0290) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 28, 28-1, 30, 30-1, 32-1 and 34-1, Jalan PPM13 Plaza Pandan Malim Business Park, Melaka, MYS, 75250

Website

https://www.panda-eco.com

Panda Eco System Bhd is principally involved in the development, customisation, implementation and integration of Retail Management Eco-system. In addition, it is also involved in the trading of third-party software, trading of IT hardware as well as software customisation, implementation and integration of process control and automation solutions.

Panda Eco System Bhd (XKLS:0290) Headlines

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