Advanced Holdings (SGX:BLZ) ROCE % : -16.74% (As of Dec. 2023)

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What is Advanced Holdings 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. Advanced Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -16.74%.

Advanced Holdings ROCE % Historical Data

The historical data trend for Advanced Holdings'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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Advanced Holdings ROCE % Chart

Advanced Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-24.97

6.79

-7.20

-3.35

-10.51

Advanced Holdings 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															-13.36	2.22	-9.78	-3.76	-16.74

Advanced Holdings ROCE % Calculation

Advanced Holdings'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 )
	=	-4.027	/	( ( (41.607 - 2.856)	+	(43.069 - 5.153) )	/ 2 )
	=	-4.027	/	( (38.751	+	37.916)	/ 2 )
	=	-4.027	/	38.3335
	=	-10.51 %

Advanced Holdings'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 )
	=	-6.564	/	( ( (43.625 - 3.107)	+	(43.069 - 5.153) )	/ 2 )
	=	-6.564	/	( ( 40.518	+	37.916 )	/ 2 )
	=	-6.564	/	39.217
	=	-16.74 %

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

Advanced Holdings (SGX:BLZ) 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.

Advanced Holdings ROCE % Related Terms

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Advanced Holdings (SGX:BLZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Advanced Holdings Ltd (SGX:BLZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Woodlands Loop, Singapore, SGP, 738319

Website

https://www.advancedholdings.com

Advanced Holdings Ltd is a Singapore based investment holding company. It designs, manufactures, markets and supplies products and solutions to the oil and gas, chemicals and petrochemicals, iron and steel, and other industries. It has two key business divisions: Engineering services and equipment; and Clean Technologies. Geographically, it operates in China, the United States, Kazakhstan, Singapore, Europe, Middle East, Malaysia, Indonesia, and other Asian countries. The company derives most of its revenue from China, followed by the United States and Kazakhstan.

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