Ni Hsin Group Bhd (XKLS:7215) ROCE % : -4.72% (As of Dec. 2024)

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What is Ni Hsin Group 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. Ni Hsin Group Bhd's annualized ROCE % for the quarter that ended in Dec. 2024 was -4.72%.

Ni Hsin Group Bhd ROCE % Historical Data

The historical data trend for Ni Hsin Group 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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Ni Hsin Group Bhd ROCE % Chart

Ni Hsin Group Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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2.22

-6.91

-3.68

-6.88

-5.12

Ni Hsin Group Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-7.27	-5.44	-5.73	-4.88	-4.72

Ni Hsin Group Bhd ROCE % Calculation

Ni Hsin Group Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-5.199	/	( ( (107.468 - 4.979)	+	(110.06 - 9.616) )	/ 2 )
	=	-5.199	/	( (102.489	+	100.444)	/ 2 )
	=	-5.199	/	101.4665
	=	-5.12 %

Ni Hsin Group Bhd's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-4.712	/	( ( (109.529 - 10.237)	+	(110.06 - 9.616) )	/ 2 )
	=	-4.712	/	( ( 99.292	+	100.444 )	/ 2 )
	=	-4.712	/	99.868
	=	-4.72 %

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

Ni Hsin Group Bhd (XKLS:7215) 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.

Ni Hsin Group Bhd ROCE % Related Terms

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Ni Hsin Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ni Hsin Group Bhd (XKLS:7215) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

7215PA.PFD:Malaysia

Address

45, Jalan Taming Dua, Taman Taming Jaya, Seri Kembangan, SGR, MYS, 43300

Website

https://www.ni-hsin.com

Ni Hsin Group Bhd is a manufacturer of premium stainless-steel multi-ply cookware in Malaysia. The business of the company is organized into the following product segments, Cookware, Stainless-steel products, Food and beverages, Logistics services, and Electric vehicles. The products manufactured and sold under the cookware segment include premium multi-ply stainless steel cookware and pressure cookers which are sold locally and exported overseas.

Ni Hsin Group Bhd Headlines

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