Oceanus Group (SGX:579) ROCE % : 0.71% (As of Dec. 2023)

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What is Oceanus Group 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. Oceanus Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.71%.

Oceanus Group ROCE % Historical Data

The historical data trend for Oceanus Group'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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Oceanus Group ROCE % Chart

Oceanus Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-18.41

30.15

25.28

-9.90

4.79

Oceanus Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															23.69	4.44	-18.12	8.13	0.71

Oceanus Group ROCE % Calculation

Oceanus Group'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 )
	=	4.107	/	( ( (166.759 - 80.646)	+	(184.637 - 99.226) )	/ 2 )
	=	4.107	/	( (86.113	+	85.411)	/ 2 )
	=	4.107	/	85.762
	=	4.79 %

Oceanus Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	0.654	/	( ( (203.557 - 103.67)	+	(184.637 - 99.226) )	/ 2 )
	=	0.654	/	( ( 99.887	+	85.411 )	/ 2 )
	=	0.654	/	92.649
	=	0.71 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Oceanus Group (SGX:579) 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.

Oceanus Group ROCE % Related Terms

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Oceanus Group (SGX:579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Oceanus Group Ltd (SGX:579) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Ubi Road 4, Number 03-05, UBIX, Singapore, SGP, 408621

Website

https://www.oceanus.com.sg

Oceanus Group Ltd is an investment holding company. The company is engaged in the operation of hatcheries and fish farms, processing, curing, and preserving fish and other seafood. Its operating segment trading segment is those sales of processed marine products, alcoholic beverages, cosmetics, and coffee. The consultancy segment provides consultancy services related to fish farming and acquiring technologies for aquaculture and fishery business. Its geographical segments include China and Singapore, Hong Kong, Macau, and Cambodia out of which Hong Kong contributes the majority of the revenue.

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