Phoenix Plus (Phoenix Plus) ROCE % : -41.95% (As of Jan. 2024)

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What is Phoenix Plus 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. Phoenix Plus's annualized ROCE % for the quarter that ended in Jan. 2024 was -41.95%.

Phoenix Plus ROCE % Historical Data

The historical data trend for Phoenix Plus'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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Phoenix Plus ROCE % Chart

Phoenix Plus Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

ROCE %

-47.33

-17.65

-33.20

-28.85

Phoenix Plus Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial												3.21	-43.29	-37.06	-14.56	-41.95

Phoenix Plus ROCE % Calculation

Phoenix Plus's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	-0.389	/	( ( (1.583 - 0.067)	+	(1.251 - 0.07) )	/ 2 )
	=	-0.389	/	( (1.516	+	1.181)	/ 2 )
	=	-0.389	/	1.3485
	=	-28.85 %

Phoenix Plus's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-0.448	/	( ( (1.327 - 0.2)	+	(1.35 - 0.341) )	/ 2 )
	=	-0.448	/	( ( 1.127	+	1.009 )	/ 2 )
	=	-0.448	/	1.068
	=	-41.95 %

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

Phoenix Plus (OTCPK:PXPC) 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.

Phoenix Plus ROCE % Related Terms

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Phoenix Plus (Phoenix Plus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Phoenix Plus Corp (OTCPK:PXPC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3 & 2-5 Bedford Business Park, Jalan 3/137B, Batu 5, Jalan Kelang Lama, Kuala Lumpur, MYS, 58200

Website

https://phoenixpluscorp.com

Phoenix Plus Corp through its Hong Kong subsidiary is engaged in providing technical consultancy on solar power systems and consultancy on green energy solutions, with an additional focus on the commercialization of a targeted portfolio of solar products and technologies for a wide range of applications including electrical power production. The company is geographically segmented in United States, Malaysia and Hong Kong, out of which it generates majority of its revenue from Malaysia.

Phoenix Plus (Phoenix Plus) Headlines

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