Hexza Bhd (XKLS:3298) ROCE % : 2.10% (As of Dec. 2023)

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What is Hexza 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. Hexza Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.10%.

Hexza Bhd ROCE % Historical Data

The historical data trend for Hexza 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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Hexza Bhd ROCE % Chart

Hexza Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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4.81

6.89

4.60

2.56

2.27

Hexza Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															2.23	3.93	2.30	1.57	2.10

Hexza Bhd ROCE % Calculation

Hexza Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	7.077	/	( ( (268.774 - 3.96)	+	(363.949 - 4.563) )	/ 2 )
	=	7.077	/	( (264.814	+	359.386)	/ 2 )
	=	7.077	/	312.1
	=	2.27 %

Hexza 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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	7.8	/	( ( (359.841 - 2.725)	+	(390.089 - 5.4) )	/ 2 )
	=	7.8	/	( ( 357.116	+	384.689 )	/ 2 )
	=	7.8	/	370.9025
	=	2.10 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Hexza Bhd (XKLS:3298) 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.

Hexza Bhd ROCE % Related Terms

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Hexza Bhd (XKLS:3298) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hexza Corp Bhd (XKLS:3298) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 6 and 20, Persiaran Tasek, Kawasan Perindustrian Tasek, Ipoh, PRK, MYS, 31400

Website

http://www.hexza.com.my

Hexza Corp Bhd is a Malaysian-based investment holding firm. The company's operating segments include Investment Holding, Resins, Ethanol, Trading, and Others. It generates maximum revenue from the Resin segment. The Resins segment includes the manufacture and sale of formaldehyde-based adhesive resins and glue for wood-related industries. Its Ethanol segment is engaged in the manufacture and sale of ethyl alcohol, liquefied carbon dioxide, and kaoliang wine.

Hexza Bhd (XKLS:3298) Headlines

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