Three-A Resources Bhd (XKLS:0012) ROCE % : 15.52% (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Three-A Resources 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. Three-A Resources Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.52%.

Three-A Resources Bhd ROCE % Historical Data

The historical data trend for Three-A Resources 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.

Three-A Resources Bhd ROCE % Chart

Three-A Resources Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

11.24

10.85

15.63

11.19

12.60

Three-A Resources Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															4.56	4.41	13.81	16.10	15.52

Three-A Resources Bhd ROCE % Calculation

Three-A Resources Bhd'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 )
	=	57.861	/	( ( (509.048 - 63.706)	+	(505.664 - 32.384) )	/ 2 )
	=	57.861	/	( (445.342	+	473.28)	/ 2 )
	=	57.861	/	459.311
	=	12.60 %

Three-A Resources Bhd'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	73.6	/	( ( (508.922 - 33.64)	+	(505.664 - 32.384) )	/ 2 )
	=	73.6	/	( ( 475.282	+	473.28 )	/ 2 )
	=	73.6	/	474.281
	=	15.52 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Three-A Resources Bhd (XKLS:0012) 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.

Three-A Resources Bhd ROCE % Related Terms

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

Three-A Resources Bhd (XKLS:0012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Three-A Resources Bhd (XKLS:0012) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Industri, U19, AI 308, Lot 590 & Lot 4196, Kampung Baru Sungai Buloh, Shah Alam, SGR, MYS, 40160

Website

https://www.three-a.com.my

Three-A Resources Bhd is a food and beverage manufacturer. The activities of the company are involved in manufacturing and sale of food and beverages ingredients and investment holding. The company manufactures and trades in Liquid Caramel, Natural Fermented Vinegar, Distilled Vinegar, Glucose Syrup, Vinegar, High Maltose Syrup, Soya Protein Sauce, Hydrolyzed Vegetable Protein Powder, Caramel Powder, Soya Sauce Powder, and Maltodextrin. The majority of the revenue is collected from Malaysia with Singapore and others following.

Three-A Resources Bhd (XKLS:0012) Headlines

No Headlines