Panasonic Manufacturing Malaysia Bhd (XKLS:3719) ROCE % : 11.60% (As of Dec. 2023)

View and export this data going back to 1966. Start your Free Trial

What is Panasonic Manufacturing Malaysia 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. Panasonic Manufacturing Malaysia Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.60%.

Panasonic Manufacturing Malaysia Bhd ROCE % Historical Data

The historical data trend for Panasonic Manufacturing Malaysia 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.

Panasonic Manufacturing Malaysia Bhd ROCE % Chart

Panasonic Manufacturing Malaysia Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

12.31

17.07

16.58

6.72

11.70

Panasonic Manufacturing Malaysia 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															11.61	2.94	11.21	20.28	11.60

Panasonic Manufacturing Malaysia Bhd ROCE % Calculation

Panasonic Manufacturing Malaysia Bhd's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	91.341	/	( ( (917.782 - 152.034)	+	(922.213 - 126.86) )	/ 2 )
	=	91.341	/	( (765.748	+	795.353)	/ 2 )
	=	91.341	/	780.5505
	=	11.70 %

Panasonic Manufacturing Malaysia 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 )
	=	92.216	/	( ( (913.03 - 129.038)	+	(923.205 - 117.797) )	/ 2 )
	=	92.216	/	( ( 783.992	+	805.408 )	/ 2 )
	=	92.216	/	794.7
	=	11.60 %

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

Panasonic Manufacturing Malaysia Bhd (XKLS:3719) 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.

Panasonic Manufacturing Malaysia Bhd ROCE % Related Terms

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

Panasonic Manufacturing Malaysia Bhd (XKLS:3719) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Panasonic Manufacturing Malaysia Bhd (XKLS:3719) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jalan Sesiku 15/2, Section 15, Shah Alam Industrial Site, Shah Alam, SGR, MYS, 40200

Website

https://www.pmma.panasonic.com.my

Panasonic Manufacturing Malaysia Bhd is engaged in the manufacture and sale of electrical home appliances and related components. The business activity of the group is breakdown into two segments namely home appliances and Life Solutions. Geographical it operates in the region of Malaysia, Japan, Asia (excluding Malaysia and Japan), North America, Europe and the Middle East of which the Asia region accounts for a majority of its revenue.

Panasonic Manufacturing Malaysia Bhd (XKLS:3719) Headlines

No Headlines