CC International Bhd (XKLS:03053) ROCE % : 15.59% (As of Dec. 2023)

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What is CC International 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. CC International Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.59%.

CC International Bhd ROCE % Historical Data

The historical data trend for CC International 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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CC International Bhd ROCE % Chart

CC International Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

27.01

38.73

39.54

14.39

12.97

CC International Bhd Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			32.90	24.74	3.50	13.83	15.59

CC International Bhd ROCE % Calculation

CC International 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 )
	=	9.394	/	( ( (62.204 - 6.188)	+	(97.525 - 8.639) )	/ 2 )
	=	9.394	/	( (56.016	+	88.886)	/ 2 )
	=	9.394	/	72.451
	=	12.97 %

CC International 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 )
	=	11.162	/	( ( (59.77 - 5.502)	+	(97.525 - 8.639) )	/ 2 )
	=	11.162	/	( ( 54.268	+	88.886 )	/ 2 )
	=	11.162	/	71.577
	=	15.59 %

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

CC International Bhd (XKLS:03053) 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.

CC International Bhd ROCE % Related Terms

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CC International Bhd (XKLS:03053) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CC International Bhd (XKLS:03053) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Jalan Klang Lama, 8-4, Jalan 2/114 Kuchai Business Centre, Kuala Lumpur, SGR, MYS, 58200

Website

https://www.chengco.com.my

CC International Bhd is a home-grown multidisciplinary professional service provider. The company's services include GBS - Accounting and business service outsourcing, Tax services, Corporate secretarial services, Business consultancy services, and Wealth management services. Its clients comprises corporate clients such as SMEs, large private corporations, public listed companies, multinational corporations, government institutions and foundations as well as individual clients.

CC International Bhd (XKLS:03053) Headlines

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