Hap Seng Plantations Holdings Bhd (XKLS:5138) ROCE % : 4.60% (As of Dec. 2023)

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What is Hap Seng Plantations 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. Hap Seng Plantations Holdings Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.60%.

Hap Seng Plantations Holdings Bhd ROCE % Historical Data

The historical data trend for Hap Seng Plantations 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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Hap Seng Plantations Holdings Bhd ROCE % Chart

Hap Seng Plantations Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.91

5.26

13.18

11.47

5.23

Hap Seng Plantations Holdings 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															4.88	5.54	2.41	8.54	4.60

Hap Seng Plantations Holdings Bhd ROCE % Calculation

Hap Seng Plantations Holdings 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 )
	=	123.407	/	( ( (2420.529 - 71.374)	+	(2427.046 - 54.534) )	/ 2 )
	=	123.407	/	( (2349.155	+	2372.512)	/ 2 )
	=	123.407	/	2360.8335
	=	5.23 %

Hap Seng Plantations Holdings 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 )
	=	108.772	/	( ( (2443.889 - 89.598)	+	(2427.046 - 54.534) )	/ 2 )
	=	108.772	/	( ( 2354.291	+	2372.512 )	/ 2 )
	=	108.772	/	2363.4015
	=	4.60 %

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

Hap Seng Plantations Holdings Bhd (XKLS:5138) 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.

Hap Seng Plantations Holdings Bhd ROCE % Related Terms

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Hap Seng Plantations Holdings Bhd (XKLS:5138) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hap Seng Plantations Holdings Bhd (XKLS:5138) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Jalan P. Ramlee, 21st Floor, Menara Hap Seng, Kuala Lumpur, SGR, MYS, 50250

Website

https://www.hapsengplantations.com.my

Hap Seng Plantations Holdings Bhd is a Malaysia based palm oil plantation company. It is engaged in planting and milling operations. The company operates in the palm oil industry where it grows oil palms in its estates, harvests and processes fresh fruit bunches into crude palm oil in its own mills, and then sells it. It produces palm oil in Sabah with a total area of approximately 40,279 hectares located entirely in Sabah, Malaysia. The company operates four mills namely, Jeroco 1 palm oil mill, Jeroco 2 palm oil mill, Bukit Mas palm oil mill, and Tomanggong palm oil mill. The group has operations in Singapore and Malaysia of which key revenue is generated from Malaysia. The majority of the group sales were local delivered sales to refiners within Malaysia.

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