XOX Technology Bhd (XKLS:0017) ROCE % : 105.65% (As of Dec. 2023)

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What is XOX Technology 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. XOX Technology Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 105.65%.

XOX Technology Bhd ROCE % Historical Data

The historical data trend for XOX Technology 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.

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XOX Technology Bhd ROCE % Chart

XOX Technology Bhd Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Dec19

Mar21

Mar22

Mar23

ROCE %

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-3.53

-13.22

-0.45

23.60

XOX Technology Bhd Quarterly Data
	Mar18	Sep18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															31.79	-11.64	107.21	91.49	105.65

XOX Technology Bhd ROCE % Calculation

XOX Technology Bhd's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	6.496	/	( ( (57.674 - 26.313)	+	(51.49 - 27.804) )	/ 2 )
	=	6.496	/	( (31.361	+	23.686)	/ 2 )
	=	6.496	/	27.5235
	=	23.60 %

XOX Technology 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 )
	=	34.484	/	( ( (88.383 - 57.746)	+	(95.179 - 60.534) )	/ 2 )
	=	34.484	/	( ( 30.637	+	34.645 )	/ 2 )
	=	34.484	/	32.641
	=	105.65 %

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

XOX Technology Bhd (XKLS:0017) 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.

XOX Technology Bhd ROCE % Related Terms

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XOX Technology Bhd (XKLS:0017) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » XOX Technology Bhd (XKLS:0017) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 17.1, 17th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf and Country Resort, Petaling Jaya, SGR, MYS, 47410

Website

https://www.m3tech.com.my

XOX Technology Bhd, formerly M3 Technologies (Asia) Bhd is engaged in the provision of mobile value-added services. Business activity of the firm is operated through the region of Malaysia, Pakistan, United Arab Emirates - Dubai, and Other Countries of which Pakistan region accounts for a larger share of the revenue. The business activities function through Mobile Solutions; Cloud Services Solutions and Trading and Distribution business. It offers a range of mobile solutions and platforms, such as multimedia products, wireless access protocol (WAP) and Java 2 Micro Edition (J2ME) applications catering to all channels of its business, such as Business to Consumer, Business to Business and Business to Owner.

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