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MKH OIL PALM (EAST KALIMANTAN) Bhd (XKLS:5319) ROCE % : 18.03% (As of Sep. 2024)


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What is MKH OIL PALM (EAST KALIMANTAN) 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. MKH OIL PALM (EAST KALIMANTAN) Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was 18.03%.


MKH OIL PALM (EAST KALIMANTAN) Bhd ROCE % Historical Data

The historical data trend for MKH OIL PALM (EAST KALIMANTAN) 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.

* Premium members only.

MKH OIL PALM (EAST KALIMANTAN) Bhd ROCE % Chart

MKH OIL PALM (EAST KALIMANTAN) Bhd Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
ROCE %
15.41 37.91 24.42 13.93 18.03

MKH OIL PALM (EAST KALIMANTAN) Bhd Semi-Annual Data
Sep20 Sep21 Sep22 Sep23 Sep24
ROCE % 15.41 37.91 24.42 13.93 18.03

MKH OIL PALM (EAST KALIMANTAN) Bhd ROCE % Calculation

MKH OIL PALM (EAST KALIMANTAN) Bhd's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=86.396/( ( (450.214 - 98.49) + (638.847 - 32.216) )/ 2 )
=86.396/( (351.724+606.631)/ 2 )
=86.396/479.1775
=18.03 %

MKH OIL PALM (EAST KALIMANTAN) 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: Sep. 2023 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Sep. 2023 )(Q: Sep. 2024 )
=86.396/( ( (450.214 - 98.49) + (638.847 - 32.216) )/ 2 )
=86.396/( ( 351.724 + 606.631 )/ 2 )
=86.396/479.1775
=18.03 %

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

* 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.


MKH OIL PALM (EAST KALIMANTAN) Bhd  (XKLS:5319) 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.


MKH OIL PALM (EAST KALIMANTAN) Bhd ROCE % Related Terms

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MKH OIL PALM (EAST KALIMANTAN) Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Semenyih, G-02 & G-03, Ground Floor, Wisma MKH, Kajang, SGR, MYS, 43000
MKH OIL PALM (EAST KALIMANTAN) Bhd is a investment holding and management services company. Through its subsidiaries, it is principally involved in the cultivation of oil palm and the production and sale of Crude Palm Oil (CPO), Palm Kernel (PK), and Crude Palm Kernel Oil (CPKO). The company's reportable operating segments are Plantation and Investment holding. A majority of its revenue is generated from the Plantation segment which is engaged in oil palm cultivation. Geographically, it derives maximum revenue from the Republic of Indonesia.

MKH OIL PALM (EAST KALIMANTAN) Bhd Headlines

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