Jasa Kita Bhd (XKLS:8648) ROCE % : 1.09% (As of Sep. 2024)

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What is Jasa Kita 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. Jasa Kita Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.09%.

Jasa Kita Bhd ROCE % Historical Data

The historical data trend for Jasa Kita 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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Jasa Kita Bhd ROCE % Chart

Jasa Kita Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-5.68

-0.76

0.27

0.30

1.21

Jasa Kita 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															2.54	1.59	7.84	184.07	1.09

Jasa Kita Bhd ROCE % Calculation

Jasa Kita 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 )
	=	0.787	/	( ( (66.021 - 1.396)	+	(69.852 - 4.451) )	/ 2 )
	=	0.787	/	( (64.625	+	65.401)	/ 2 )
	=	0.787	/	65.013
	=	1.21 %

Jasa Kita 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 )
	=	1.04	/	( ( (99.878 - 1.432)	+	(94.377 - 2.622) )	/ 2 )
	=	1.04	/	( ( 98.446	+	91.755 )	/ 2 )
	=	1.04	/	95.1005
	=	1.09 %

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

Jasa Kita Bhd (XKLS:8648) 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.

Jasa Kita Bhd ROCE % Related Terms

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Jasa Kita Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jasa Kita Bhd (XKLS:8648) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, 3rd Floor, Jalan Segambut, Kuala Lumpur, MYS, 51200

Website

https://www.jasakita.com.my

Jasa Kita Bhd is a management and investment holding company. The company's operating segment includes Distribution and trading; Logistics related services; Investment holding and others. The company generates maximum revenue from the Distribution and trading segment which includes trading of electric motors, power tools, engineering and other industrial equipment, automobile batteries, and related automotive industrial products. Geographically, it operates only in Malaysia. Some of its products include Digital Angle Measurer; Pc End Cap Oil Filter Wrench Set; Cordless Tapper; Angle Grinder Quick and others.

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