Zhulian Bhd (XKLS:5131) ROCE % : 4.12% (As of Feb. 2024)

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What is Zhulian 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. Zhulian Bhd's annualized ROCE % for the quarter that ended in Feb. 2024 was 4.12%.

Zhulian Bhd ROCE % Historical Data

The historical data trend for Zhulian 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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Zhulian Bhd ROCE % Chart

Zhulian Bhd Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

ROCE %

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10.48

9.89

9.11

10.23

7.59

Zhulian Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															5.27	5.68	6.06	14.07	4.12

Zhulian Bhd ROCE % Calculation

Zhulian Bhd's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	37.038	/	( ( (549.669 - 40.161)	+	(503.275 - 37.429) )	/ 2 )
	=	37.038	/	( (509.508	+	465.846)	/ 2 )
	=	37.038	/	487.677
	=	7.59 %

Zhulian Bhd's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	18.924	/	( ( (503.275 - 37.429)	+	(492.464 - 39.354) )	/ 2 )
	=	18.924	/	( ( 465.846	+	453.11 )	/ 2 )
	=	18.924	/	459.478
	=	4.12 %

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

Zhulian Bhd (XKLS:5131) 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.

Zhulian Bhd ROCE % Related Terms

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Zhulian Bhd (XKLS:5131) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zhulian Corp Bhd (XKLS:5131) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 42, Bayan Lepas Industrial Estate, Phase IV, Bayan Lepas, PNG, MYS, 11900

Website

https://www.zhulian.com

Zhulian Corp Bhd is an investment holding company engaged in Multi-Level Marketing, with diversified interests in the manufacturing and trading of costume and fine jewelry, consumer products, and printing. In addition, the company manufactures other products such as food and beverage products, nutritional health supplements, home technology products, and others. The group's operating segment is the manufacture and sale of costume jewelry and consumer products on a direct sales basis. The company has a presence in Malaysia, Thailand, Myanmar, and Indonesia and it generates a majority of its revenue from Thailand.

Zhulian Bhd (XKLS:5131) Headlines

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