Global Oriental Bhd (XKLS:1147) ROCE % : 4.85% (As of Dec. 2024)

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What is Global Oriental 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. Global Oriental Bhd's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.85%.

Global Oriental Bhd ROCE % Historical Data

The historical data trend for Global Oriental 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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Global Oriental Bhd ROCE % Chart

Global Oriental Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-3.88

4.21

5.69

7.99

3.76

Global Oriental Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															4.46	20.80	-2.64	0.48	4.85

Global Oriental Bhd ROCE % Calculation

Global Oriental Bhd's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	17.239	/	( ( (932.615 - 470.951)	+	(847.448 - 391.294) )	/ 2 )
	=	17.239	/	( (461.664	+	456.154)	/ 2 )
	=	17.239	/	458.909
	=	3.76 %

Global Oriental 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 )
	=	21.34	/	( ( (828.793 - 380.35)	+	(841.296 - 409.876) )	/ 2 )
	=	21.34	/	( ( 448.443	+	431.42 )	/ 2 )
	=	21.34	/	439.9315
	=	4.85 %

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

Global Oriental Bhd (XKLS:1147) 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.

Global Oriental Bhd ROCE % Related Terms

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Global Oriental Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Global Oriental Bhd (XKLS:1147) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Persiaran Equine Perdana, Taman Equine, G1-08, Galleria 2, Seri Kembangan, SGR, MYS, 43300

Website

https://www.gob.com.my

Global Oriental Bhd is an investment holding company. It is engaged in property development. Its township developments comprising mixed residential and commercial properties are located mainly in Klang Valley. Its operating segments are Property development, Carpark operations, Trading and distribution, Investment holding, and Others. It generates the majority of its revenue from Property development which provides the Development of residential and commercial properties and other similar construction activities development. It group currently operates in Malaysia only.

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