Leader Steel Holdings Bhd (XKLS:9881) ROCE % : -2.09% (As of Dec. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Leader Steel Holdings 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. Leader Steel Holdings Bhd's annualized ROCE % for the quarter that ended in Dec. 2024 was -2.09%.

Leader Steel Holdings Bhd ROCE % Historical Data

The historical data trend for Leader Steel Holdings 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.

Leader Steel Holdings Bhd ROCE % Chart

Leader Steel Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

6.87

19.62

5.43

9.11

1.01

Leader Steel Holdings 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															24.34	9.25	0.02	-3.10	-2.09

Leader Steel Holdings Bhd ROCE % Calculation

Leader Steel Holdings 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 )
	=	3.894	/	( ( (465.739 - 88.61)	+	(461.213 - 64.846) )	/ 2 )
	=	3.894	/	( (377.129	+	396.367)	/ 2 )
	=	3.894	/	386.748
	=	1.01 %

Leader Steel Holdings 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 )
	=	-8.3	/	( ( (449.042 - 50.321)	+	(461.213 - 64.846) )	/ 2 )
	=	-8.3	/	( ( 398.721	+	396.367 )	/ 2 )
	=	-8.3	/	397.544
	=	-2.09 %

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

Leader Steel Holdings Bhd (XKLS:9881) 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.

Leader Steel Holdings Bhd ROCE % Related Terms

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

Leader Steel Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Leader Steel Holdings Bhd (XKLS:9881) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wisma Leader Steel, Plot 85, Lorong Perusahaan Utama, Kawasan Perusahaan Bukit Tengah, Bukit Tengah, Seberang Prai Tengah, MYS, 14000

Website

https://www.leadersteel.my

Leader Steel Holdings Bhd is an investment holding company. It is engaged in the business segment of Manufacturing, processing, and trading of steel and metal products and minerals. The group's steel and metal products include steel pipes and tubes, hollow sections, and steel flat bar, whereas the minerals include iron ore, manganese, mill scales, and slags. Geographically, the company operates in Malaysia, China, Hong Kong, Macau, the United Kingdom, and other countries, of which key revenue is generated from Malaysia.

Leader Steel Holdings Bhd Headlines

No Headlines