Sunview Group Bhd (XKLS:0262) ROCE % : 12.55% (As of Dec. 2023)

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What is Sunview Group 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. Sunview Group Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.55%.

Sunview Group Bhd ROCE % Historical Data

The historical data trend for Sunview Group 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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Sunview Group Bhd ROCE % Chart

Sunview Group Bhd Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

-12.22

61.28

29.69

17.61

21.58

Sunview Group Bhd Quarterly Data
	Mar19	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial						14.89	32.71	12.27	10.91	12.55

Sunview Group Bhd ROCE % Calculation

Sunview Group 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 )
	=	25.261	/	( ( (158.233 - 60.413)	+	(285.029 - 148.689) )	/ 2 )
	=	25.261	/	( (97.82	+	136.34)	/ 2 )
	=	25.261	/	117.08
	=	21.58 %

Sunview Group 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 )
	=	18.204	/	( ( (352.272 - 207.253)	+	(322.031 - 176.937) )	/ 2 )
	=	18.204	/	( ( 145.019	+	145.094 )	/ 2 )
	=	18.204	/	145.0565
	=	12.55 %

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

Sunview Group Bhd (XKLS:0262) 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.

Sunview Group Bhd ROCE % Related Terms

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Sunview Group Bhd (XKLS:0262) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sunview Group Bhd (XKLS:0262) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.5, Jln Prof Khoo Kay Kim, 01-09, 9th Floor, Menara Symphony, Seksyen 13, Petaling Jaya, SGR, MYS, 46200

Website

https://www.sunview.com.my

Sunview Group Bhd is Investment holding company engaged in clean energy service provider in Malaysia. It operates in two segments the Provision of products and services related to renewable energy provides EPCC, construction, installation, associate service, and products of solar PV facilities. and Power generation provides Solar power generation and supply. It generates the majority of its revenue from the Provision of products and services related to renewable energy.

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