Chin Well Holdings Bhd (XKLS:5007) ROCE % : 1.88% (As of Mar. 2024)

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What is Chin Well Holdings 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. Chin Well Holdings Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.88%.

Chin Well Holdings Bhd ROCE % Historical Data

The historical data trend for Chin Well Holdings 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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Chin Well Holdings Bhd ROCE % Chart

Chin Well Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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12.64

1.67

6.19

19.46

7.71

Chin Well Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															0.12	3.70	1.96	0.25	1.88

Chin Well Holdings Bhd ROCE % Calculation

Chin Well Holdings 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 )
	=	52.725	/	( ( (797.46 - 121.544)	+	(760.875 - 69.076) )	/ 2 )
	=	52.725	/	( (675.916	+	691.799)	/ 2 )
	=	52.725	/	683.8575
	=	7.71 %

Chin Well Holdings Bhd's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	12.888	/	( ( (746.684 - 63.479)	+	(749.779 - 62.231) )	/ 2 )
	=	12.888	/	( ( 683.205	+	687.548 )	/ 2 )
	=	12.888	/	685.3765
	=	1.88 %

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

Chin Well Holdings Bhd (XKLS:5007) 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.

Chin Well Holdings Bhd ROCE % Related Terms

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Chin Well Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chin Well Holdings Bhd (XKLS:5007) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

No. 1586, MK11, Lorong Perusahaan Utama 1, Bukit Tengah Industrial Park, Bukit Mertajam, PNG, MYS, 14000

Website

https://www.chinwell.com.my

Chin Well Holdings Bhd is a Malaysia-based investment holding company. It operates in three business segments. The Fastening products segment is a key revenue driver which is engaged in the manufacturing and trading of screws, nuts, bolts, and other related products. Its Wire products segment is involved in the production of precision galvanized wire, annealing wire, bright wire, hard drawn wire, polyvinyl chloride wire, bent round bar, and grill mesh. The company's Investment holding segment comprises investment holding and property investment activities. Geographically, it operates in Malaysia, Europe, North America, Vietnam, Australia, Other Asia Pacific countries and others. It derives a majority of its revenue from Malaysia.

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