QL Resources Bhd (XKLS:7084) ROCE % : 21.96% (As of Sep. 2024)

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What is QL Resources 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. QL Resources Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was 21.96%.

QL Resources Bhd ROCE % Historical Data

The historical data trend for QL Resources 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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QL Resources Bhd ROCE % Chart

QL Resources Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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13.05

15.16

10.75

15.60

19.45

QL Resources 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															21.52	21.39	16.61	18.16	21.96

QL Resources Bhd ROCE % Calculation

QL Resources Bhd's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	697.084	/	( ( (5285.099 - 1786.673)	+	(5476.823 - 1808.56) )	/ 2 )
	=	697.084	/	( (3498.426	+	3668.263)	/ 2 )
	=	697.084	/	3583.3445
	=	19.45 %

QL Resources 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 )
	=	826.78	/	( ( (5644.656 - 1890.745)	+	(5492.489 - 1715.926) )	/ 2 )
	=	826.78	/	( ( 3753.911	+	3776.563 )	/ 2 )
	=	826.78	/	3765.237
	=	21.96 %

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

QL Resources Bhd (XKLS:7084) 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.

QL Resources Bhd ROCE % Related Terms

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QL Resources Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » QL Resources Bhd (XKLS:7084) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Number 16A, Jalan Astaka U8/83, Bukit Jelutong, Shah Alam, SGR, MYS, 40150

Website

https://www.ql.com.my

QL Resources Bhd is an agro-food company. The company has the following principal segments; Integrated Livestock Farming, Marine Products Manufacturing, and Palm oil and clean energy and Convenience store chain. It farms and produces resource-efficient protein and food energy sources. The group's business operates in four geographical areas: Malaysia, Indonesia, Vietnam, and Singapore. It generates the majority of its revenue from the Integrated Livestock Farming segment.

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