Lien Hoe Bhd (XKLS:3573) ROCE % : -1.85% (As of Sep. 2024)

View and export this data going back to 1970. Start your Free Trial

What is Lien Hoe 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. Lien Hoe Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was -1.85%.

Lien Hoe Bhd ROCE % Historical Data

The historical data trend for Lien Hoe 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.

* Premium members only.

Lien Hoe Bhd ROCE % Chart

Lien Hoe Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-5.33

-5.12

-22.77

-9.06

-3.80

Lien Hoe Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-4.31	-2.22	-2.40	-2.49	-1.85

Lien Hoe Bhd ROCE % Calculation

Lien Hoe 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 )
	=	-12.627	/	( ( (357.789 - 15.729)	+	(342.83 - 20.689) )	/ 2 )
	=	-12.627	/	( (342.06	+	322.141)	/ 2 )
	=	-12.627	/	332.1005
	=	-3.80 %

Lien Hoe Bhd's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-5.8	/	( ( (335.117 - 20.184)	+	(331.706 - 19.923) )	/ 2 )
	=	-5.8	/	( ( 314.933	+	311.783 )	/ 2 )
	=	-5.8	/	313.358
	=	-1.85 %

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

Lien Hoe Bhd (XKLS:3573) 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.

Lien Hoe Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of Lien Hoe Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lien Hoe Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lien Hoe Corp Bhd (XKLS:3573) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 6, Lorong Utara C, 3rd Floor, Plaza Armada, Section 52, Petaling Jaya, SGR, MYS, 46200

Website

https://www.lienhoe.com.my

Lien Hoe Corp Bhd, along with its subsidiaries, is engaged in hotel service, property investment and property development business. The group operates in the business segments of Property which comprise land and property investment; Hotel comprising hotel operations; and Corporate which involves group-level corporate services and treasury functions. It principally operates in Malaysia and derives key revenue from the Hotel segment that consists of Hotel Armada, a 4-star business and tourist class hotel located in the heart of Petaling Jaya along the Federal Highway.

Lien Hoe Bhd Headlines

No Headlines