HE Group Bhd (XKLS:0296) ROCE % : 29.16% (As of Dec. 2024)

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What is HE 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. HE Group Bhd's annualized ROCE % for the quarter that ended in Dec. 2024 was 29.16%.

HE Group Bhd ROCE % Historical Data

The historical data trend for HE 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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HE Group Bhd ROCE % Chart

HE Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

20.24

47.15

52.48

91.47

30.54

HE Group Bhd Quarterly Data
	Dec20	Dec21	Dec22	Aug23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial				-	22.15	40.58	43.15	29.16

HE Group Bhd ROCE % Calculation

HE Group 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 )
	=	19.582	/	( ( (0 - 0)	+	(111.172 - 47.059) )	/ 1 )
	=	19.582	/	( (0	+	64.113)	/ 1 )
	=	19.582	/	64.113
	=	30.54 %

HE Group 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 )
	=	18.204	/	( ( (130.173 - 69.448)	+	(111.172 - 47.059) )	/ 2 )
	=	18.204	/	( ( 60.725	+	64.113 )	/ 2 )
	=	18.204	/	62.419
	=	29.16 %

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

HE Group Bhd (XKLS:0296) 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.

HE Group Bhd ROCE % Related Terms

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HE Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » HE Group Bhd (XKLS:0296) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 42, Jalan OP 1/5, Pusat Perdagangan One Puchong, Puchong, SGR, MYS, 47160

Website

https://www.hexatech.com.my

HE Group Bhd is an electrical engineering service provider focusing on power distribution systems for end user premises such as industrial plants, and industrial and commercial substations. It is involved in the design, supply, installation, testing, and commissioning of HV, MV, LV, and ELV power distribution systems, as well as hook-up and retrofitting of electrical equipment. It also provides other building systems and works including mechanical systems, control, and instrumentation systems, as well as civil, structural, and architectural works. Its segment includes, namely the provision of power distribution systems, other building systems and works, electrical equipment hook-up and retrofitting, and trading sectors in Malaysia. Maximum revenue is generated from power distribution.

HE Group Bhd Headlines

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