LB Aluminium Bhd (XKLS:9326) ROCE % : 14.47% (As of Oct. 2024)

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What is LB Aluminium 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. LB Aluminium Bhd's annualized ROCE % for the quarter that ended in Oct. 2024 was 14.47%.

LB Aluminium Bhd ROCE % Historical Data

The historical data trend for LB Aluminium 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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LB Aluminium Bhd ROCE % Chart

LB Aluminium Bhd Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

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4.00

14.36

14.02

11.87

11.38

LB Aluminium Bhd Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
ROCE %	Get a 7-Day Free Trial															8.65	14.74	14.78	14.55	14.47

LB Aluminium Bhd ROCE % Calculation

LB Aluminium Bhd's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	59.653	/	( ( (776.298 - 256.454)	+	(908.44 - 379.626) )	/ 2 )
	=	59.653	/	( (519.844	+	528.814)	/ 2 )
	=	59.653	/	524.329
	=	11.38 %

LB Aluminium Bhd's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	78.164	/	( ( (991.952 - 452.631)	+	(1015.733 - 474.458) )	/ 2 )
	=	78.164	/	( ( 539.321	+	541.275 )	/ 2 )
	=	78.164	/	540.298
	=	14.47 %

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

LB Aluminium Bhd (XKLS:9326) 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.

LB Aluminium Bhd ROCE % Related Terms

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LB Aluminium Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » LB Aluminium Bhd (XKLS:9326) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Lot 11, Jalan Perusahaan 1, Kawasan Perusahaan Beranang, Semenyih, Beranang, SGR, MYS, 43700

Website

https://www.lbalum.com

LB Aluminium Bhd is engaged in the business of manufacturing, marketing, and trading aluminium extrusions. The company reports in two segments: aluminium and property development. Their product acts as a raw material for transport, construction, consumer goods, packaging as well as electrical engineering due to its lightweight, excellent conductor of electricity, and durability in nature. Some of its products and services include aluminium extrusion, aluminium sheets/coils, fitting and accessories, extrusion presses, and anodising. Its geographical segments include Malaysia, Singapore, North America, and Others.

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