UMS-Neiken Group Bhd (XKLS:7227) ROCE % : 3.58% (As of Sep. 2024)

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What is UMS-Neiken 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. UMS-Neiken Group Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.58%.

UMS-Neiken Group Bhd ROCE % Historical Data

The historical data trend for UMS-Neiken 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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UMS-Neiken Group Bhd ROCE % Chart

UMS-Neiken Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.69

8.15

12.13

10.16

5.62

UMS-Neiken Group 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															6.33	5.03	8.56	7.68	3.58

UMS-Neiken Group Bhd ROCE % Calculation

UMS-Neiken Group Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	6.986	/	( ( (128.036 - 5.543)	+	(132.096 - 6.112) )	/ 2 )
	=	6.986	/	( (122.493	+	125.984)	/ 2 )
	=	6.986	/	124.2385
	=	5.62 %

UMS-Neiken Group 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 )
	=	4.248	/	( ( (124.64 - 5.416)	+	(123.096 - 4.867) )	/ 2 )
	=	4.248	/	( ( 119.224	+	118.229 )	/ 2 )
	=	4.248	/	118.7265
	=	3.58 %

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

UMS-Neiken Group Bhd (XKLS:7227) 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.

UMS-Neiken Group Bhd ROCE % Related Terms

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UMS-Neiken Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » UMS-Neiken Group Bhd (XKLS:7227) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Lot 48, Jalan Industri 2/1, Rawang Integrated Industrial Park, Rawang, MYS, 48000

Website

https://www.ums-neiken.com

UMS-Neiken Group Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the designing, manufacturing, and trading of electrical wiring accessories, and related electric products. Its products include different types of switches, sockets, plugs, starters, weatherproof covers, and others. Geographically, the group has a business presence in Malaysia, Vietnam, and Singapore, of which key revenue is derived from Malaysia.

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