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Hock Lok Siew Bhd (XKLS:7098) ROCE % : 0.00% (As of Sep. 2012)


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What is Hock Lok Siew 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. Hock Lok Siew Bhd's annualized ROCE % for the quarter that ended in Sep. 2012 was 0.00%.

Hock Lok Siew Bhd ROCE % Historical Data

The historical data trend for Hock Lok Siew 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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Hock Lok Siew Bhd ROCE % Chart

Hock Lok Siew Bhd Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
ROCE %
Get a 7-Day Free Trial - - -198.32 -13.44 -

Hock Lok Siew Bhd Quarterly Data
Dec11 Mar12 Jun12 Sep12
ROCE % - - - -

Hock Lok Siew Bhd ROCE % Calculation

Hock Lok Siew Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2011 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=-23.013/( ( (31.935 - 29.107) + (20.92 - 52.612) )/ 2 )
=-23.013/( (2.828+-31.692)/ 2 )
=-23.013/-14.432
=159.46 %

Hock Lok Siew Bhd's ROCE % of for the quarter that ended in Sep. 2012 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2012 )  (Q: Jun. 2012 )(Q: Sep. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2012 )  (Q: Jun. 2012 )(Q: Sep. 2012 )
=11.86/( ( (15.736 - 27.53) + (17.711 - 30.04) )/ 2 )
=11.86/( ( -11.794 + -12.329 )/ 2 )
=11.86/-12.0615
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2012) 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.

Hock Lok Siew Bhd  (XKLS:7098) 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.

Hock Lok Siew Bhd ROCE % Related Terms

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