Xidelang Holdings (XKLS:5156) ROCE % : -6.92% (As of Sep. 2024)

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What is Xidelang Holdings 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. Xidelang Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was -6.92%.

Xidelang Holdings ROCE % Historical Data

The historical data trend for Xidelang Holdings'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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Xidelang Holdings ROCE % Chart

Xidelang Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Jun20

Jun21

Jun22

Jun23

ROCE %

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2.48

4.42

-2.36

-10.53

-1.52

Xidelang Holdings Quarterly Data
	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-1.82	0.15	1.05	-0.50	-6.92

Xidelang Holdings ROCE % Calculation

Xidelang Holdings'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 )
	=	-12.935	/	( ( (996.909 - 128.876)	+	(918.243 - 79.651) )	/ 2 )
	=	-12.935	/	( (868.033	+	838.592)	/ 2 )
	=	-12.935	/	853.3125
	=	-1.52 %

Xidelang Holdings'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-55.68	/	( ( (882.233 - 31.755)	+	(832.043 - 72.706) )	/ 2 )
	=	-55.68	/	( ( 850.478	+	759.337 )	/ 2 )
	=	-55.68	/	804.9075
	=	-6.92 %

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

Xidelang Holdings (XKLS:5156) 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.

Xidelang Holdings ROCE % Related Terms

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Xidelang Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Xidelang Holdings Ltd (XKLS:5156) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

XiDeLang Industrial Park, Neikeng Town, Fujian Province, Jinjiang, CHN, 362211

Website

http://www.xidelang.com.my

Xidelang Holdings Ltd is engaged in the business of designing, manufacturing, and marketing of sports shoes as well as designing and marketing of sports apparel, accessories, and equipment. The company operates into two segments; ODM Segment and Own-Branding Segment. The company mainly operates in the People's Republic of China and generates maximum revenue from the sale of sports shoes.

Xidelang Holdings Headlines

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