Can-One Bhd (XKLS:5105) ROCE % : -9.49% (As of Sep. 2024)

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What is Can-One 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. Can-One Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was -9.49%.

Can-One Bhd ROCE % Historical Data

The historical data trend for Can-One 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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Can-One Bhd ROCE % Chart

Can-One Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.26

2.40

-0.84

6.71

4.08

Can-One 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															1.53	5.88	8.71	4.52	-9.49

Can-One Bhd ROCE % Calculation

Can-One 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 )
	=	121.915	/	( ( (4263.573 - 1361.643)	+	(4483.226 - 1405.931) )	/ 2 )
	=	121.915	/	( (2901.93	+	3077.295)	/ 2 )
	=	121.915	/	2989.6125
	=	4.08 %

Can-One 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 )
	=	-299.956	/	( ( (4655.166 - 1390.853)	+	(4275.369 - 1220.262) )	/ 2 )
	=	-299.956	/	( ( 3264.313	+	3055.107 )	/ 2 )
	=	-299.956	/	3159.71
	=	-9.49 %

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

Can-One Bhd (XKLS:5105) 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.

Can-One Bhd ROCE % Related Terms

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Can-One Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Can-One Bhd (XKLS:5105) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan SS 6/6, Kelana Jaya, 2B-4, Level 4, Petaling Jaya, SGR, MYS, 47301

Website

https://www.canone.com.my

Can-One Bhd is an investment holding company. It operates through the following segments, 1) General packaging division - General cans (Tin cans, jerry cans and rigid packaging) segment 2) General packaging division - Aluminium cans segment, 3) General packaging division - Cartons segment, 4) Contract manufacturing division, 5) Trading division, 6) Property development and investment holding division. The company's geographical segments include Malaysia, Vietnam, Singapore, Myanmar, Indonesia and United States of America.

Can-One Bhd Headlines

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