Ocean Fresh Bhd (XKLS:0312) ROCE % : 4.22% (As of Dec. 2024)

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What is Ocean Fresh 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. Ocean Fresh Bhd's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.22%.

Ocean Fresh Bhd ROCE % Historical Data

The historical data trend for Ocean Fresh 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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Ocean Fresh Bhd ROCE % Chart

Ocean Fresh Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

9.91

15.85

19.83

14.94

4.22

Ocean Fresh Bhd Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23	Dec24
ROCE %	9.91	15.85	19.83	14.94	4.22

Ocean Fresh Bhd ROCE % Calculation

Ocean Fresh 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 )
	=	2.469	/	( ( (74.03 - 17.273)	+	(78.271 - 18.037) )	/ 2 )
	=	2.469	/	( (56.757	+	60.234)	/ 2 )
	=	2.469	/	58.4955
	=	4.22 %

Ocean Fresh 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: Dec. 2023 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Dec. 2023 )		(Q: Dec. 2024 )
	=	2.469	/	( ( (74.03 - 17.273)	+	(78.271 - 18.037) )	/ 2 )
	=	2.469	/	( ( 56.757	+	60.234 )	/ 2 )
	=	2.469	/	58.4955
	=	4.22 %

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

Ocean Fresh Bhd (XKLS:0312) 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.

Ocean Fresh Bhd ROCE % Related Terms

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Ocean Fresh Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ocean Fresh Bhd (XKLS:0312) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 19869, Kampung Baru Peramu, Kuantan, PHG, MYS, 26060

Website

https://www.oceanfresh.com.my

Ocean Fresh Bhd is an investment holding company and through its subsidiaries, It is engaged in the processing and trading of frozen seafood products and frozen seafood processing services. Its processing and trading of frozen seafood products includes Molluscs mainly comprised cuttlefish, squid, octopus and ark shell meat, Fishes mainly comprised tuna, bonito, leatherjacket, mackerel, ribbonfish, pomfret and other types of fishes and Others mainly comprised sea cucumber, prawn and abalone.

Ocean Fresh Bhd Headlines

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