Hup Seng Industries Bhd (XKLS:5024) ROCE % : 44.54% (As of Mar. 2024)

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What is Hup Seng Industries 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. Hup Seng Industries Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 44.54%.

Hup Seng Industries Bhd ROCE % Historical Data

The historical data trend for Hup Seng Industries 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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Hup Seng Industries Bhd ROCE % Chart

Hup Seng Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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33.31

36.04

25.35

24.11

37.92

Hup Seng Industries 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															35.19	31.06	45.54	44.22	44.54

Hup Seng Industries Bhd ROCE % Calculation

Hup Seng Industries 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 )
	=	60.027	/	( ( (212.836 - 64.883)	+	(238.617 - 69.941) )	/ 2 )
	=	60.027	/	( (147.953	+	168.676)	/ 2 )
	=	60.027	/	158.3145
	=	37.92 %

Hup Seng Industries 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 )
	=	74.66	/	( ( (238.617 - 69.941)	+	(240.801 - 74.26) )	/ 2 )
	=	74.66	/	( ( 168.676	+	166.541 )	/ 2 )
	=	74.66	/	167.6085
	=	44.54 %

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

Hup Seng Industries Bhd (XKLS:5024) 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.

Hup Seng Industries Bhd ROCE % Related Terms

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Hup Seng Industries Bhd (XKLS:5024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hup Seng Industries Bhd (XKLS:5024) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Jalan Kilang, Kawasan Perindustrian, Batu Pahat, Tongkang Pecah, JHR, MYS, 83010

Website

https://www.hsib.com.my

Hup Seng Industries Bhd is engaged in the business of manufacturing biscuits. Principally, it is involved in the production and sale of biscuits and confectionery food items as well as beverages. The company operates through three segments. It's Biscuit manufacturing segment manufacture and sells biscuits. The Beverage segment consists of wholesale of coffee mix and all kinds of foodstuff. It's Trading division segment markets and distributes biscuits, confectionery, and other foodstuffs. The company offers special cream crackers, cookies, cream sandwich biscuits, peanut butter sandwich, and many more.

Hup Seng Industries Bhd (XKLS:5024) Headlines

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