TH Heavy Engineering Bhd (XKLS:7206PB.PFD) ROCE % : 0.00% (As of Mar. 2022)

View and export this data going back to 2015. Start your Free Trial

What is TH Heavy Engineering 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. TH Heavy Engineering Bhd's annualized ROCE % for the quarter that ended in Mar. 2022 was 0.00%.

TH Heavy Engineering Bhd ROCE % Historical Data

The historical data trend for TH Heavy Engineering 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.

TH Heavy Engineering Bhd ROCE % Chart

TH Heavy Engineering Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

Get a 7-Day Free Trial

-71.63

TH Heavy Engineering Bhd Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

TH Heavy Engineering Bhd ROCE % Calculation

TH Heavy Engineering Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-11.503	/	( ( (270.477 - 398.013)	+	(221.066 - 425.439) )	/ 2 )
	=	-11.503	/	( (-127.536	+	-204.373)	/ 2 )
	=	-11.503	/	-165.9545
	=	6.93 %

TH Heavy Engineering Bhd's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	-20.94	/	( ( (221.066 - 425.439)	+	(216.213 - 425.422) )	/ 2 )
	=	-20.94	/	( ( -204.373	+	-209.209 )	/ 2 )
	=	-20.94	/	-206.791
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

TH Heavy Engineering Bhd (XKLS:7206PB.PFD) 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.

TH Heavy Engineering Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of TH Heavy Engineering Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

TH Heavy Engineering Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TH Heavy Engineering Bhd (XKLS:7206PB.PFD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Persiaran KLCC,, Level 28, MOF Inc. Tower,, Wilayah Persekutuan., Kuala Lumpur, SGR, MYS, 50088

Website

http://www.thhe.com.my

TH Heavy Engineering Bhd is engaged in the fabrication of offshore oil and gas facilities. The businesses activities of the company are offshore structures fabrications which include inter-platform bridges, booms, compression platforms, modules, decks, and living quarters, HUC and topside major maintenance, marine services, offshore crane manufacturing, and shipbuilding and ship repair. Its segments include Construction services, Offshore crane works, and Others. The company derives the maximum revenue from the Construction service segment. Geographically, it operates in Malaysia.

TH Heavy Engineering Bhd Headlines

No Headlines