Smart Asia Chemical Bhd (XKLS:0306) ROCE %: 12.54% (As of Mar. 2026)


XKLS:0306 Smart Asia Chemical Bhd XKLS:0306
31 GF Score
Price RM0.18
! 7 Warning Signs
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What is Smart Asia Chemical Bhd ROCE %?

Smart Asia Chemical Bhd XKLS:0306 +2.94% 31 ROCE % is 12.54% as of Mar. 2026. GuruFocus rates XKLS:0306 with a GF Score™ of 31/100. The stock has 7 warning signs investors should review.

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. Smart Asia Chemical Bhd's annualized ROCE % for the quarter that ended in Mar. 2026 was 12.54%.

Smart Asia Chemical Bhd  (XKLS:0306) 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.

Smart Asia Chemical Bhd ROCE % Related Terms

Smart Asia Chemical Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for Smart Asia Chemical 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.

Smart Asia Chemical Bhd ROCE % Chart

Smart Asia Chemical Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 26.84 17.90 15.26 3.96 2.27

Smart Asia Chemical Bhd Quarterly Data
Dec20 Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.81 0.48 2.45 2.13 12.54
XKLS:0306
31GF Score
Smart Asia Chemical Bhd XKLS:0306
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Asia Chemical Bhd ROCE % Calculation

Smart Asia Chemical Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=3/( ( (158.124 - 28.39) + (164.609 - 29.555) )/ 2 )
=3/( (129.734+135.054)/ 2 )
=3/132.394
=2.27 %

Smart Asia Chemical Bhd's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=17.464/( ( (164.609 - 29.555) + (171.769 - 28.369) )/ 2 )
=17.464/( ( 135.054 + 143.4 )/ 2 )
=17.464/139.227
=12.54 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 12.54% mean?
Smart Asia Chemical Bhd (XKLS:0306) has a ROCE % of 12.54% as of Mar. 2026.
Is Smart Asia Chemical Bhd's ROCE % too high?
Smart Asia Chemical Bhd's current ROCE % is 12.54%. The Chemicals industry median ROCE % is 6.42. Smart Asia Chemical Bhd's value of 12.54% is 95.3% above this industry median. Overall, Smart Asia Chemical Bhd has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Smart Asia Chemical Bhd's ROCE % compare to LIN and SHW?
Smart Asia Chemical Bhd's ROCE % of 12.54% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Smart Asia Chemical Bhd's value of 12.54% is 95.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Chemicals company?
The median ROCE % among Chemicals companies is 6.42, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smart Asia Chemical Bhd's current ROCE % of 12.54% is 95.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Asia Chemical Bhd's current ROCE % is 12.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Asia Chemical Bhd stock overvalued right now?
Smart Asia Chemical Bhd (XKLS:0306) has a current ROCE % of 12.54%. The current ROCE % is 12.54% and 95.3% above the Chemicals industry median of 6.42. Smart Asia Chemical Bhd's overall GF Score™ is 31/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Smart Asia Chemical Bhd (XKLS:0306), the current ROCE % is 12.54% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Smart Asia Chemical Bhd Business Description

Address No. 11, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
Smart Asia Chemical Bhd is an investment holding company. Through its subsidiaries, it is involved in the development, manufacturing, distribution, and sale of decorative paints and protective coatings for household and industrial applications. Also involved in the development, manufacturing, distribution and sale of related products, namely colourants, and binding and coating chemicals; sale and trading of painting tools and accessories, aerosol spray paints and other related products to complement decorative paints and protective coatings offerings, ODM services of decorative paints, protective coatings as well as binding and coating chemicals for third party brand owners. Company has three segments manufacturing, sale and trading and other.
31GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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