Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) ROCE % : 2.86% (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Malaysia Marine and Heavy Engineering Holdings 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. Malaysia Marine and Heavy Engineering Holdings Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.86%.

Malaysia Marine and Heavy Engineering Holdings Bhd ROCE % Historical Data

The historical data trend for Malaysia Marine and Heavy Engineering Holdings 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.

Malaysia Marine and Heavy Engineering Holdings Bhd ROCE % Chart

Malaysia Marine and Heavy Engineering Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-1.58

-16.76

-12.29

2.96

-25.92

Malaysia Marine and Heavy Engineering Holdings 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															1.89	1.35	-84.22	-25.63	2.86

Malaysia Marine and Heavy Engineering Holdings Bhd ROCE % Calculation

Malaysia Marine and Heavy Engineering Holdings 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 )
	=	-467.67	/	( ( (3358.124 - 1284.918)	+	(3649.32 - 2113.496) )	/ 2 )
	=	-467.67	/	( (2073.206	+	1535.824)	/ 2 )
	=	-467.67	/	1804.515
	=	-25.92 %

Malaysia Marine and Heavy Engineering Holdings 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 )
	=	43.588	/	( ( (3449.923 - 1936.813)	+	(3649.32 - 2113.496) )	/ 2 )
	=	43.588	/	( ( 1513.11	+	1535.824 )	/ 2 )
	=	43.588	/	1524.467
	=	2.86 %

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

Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) 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.

Malaysia Marine and Heavy Engineering Holdings Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of Malaysia Marine and Heavy Engineering Holdings Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Hishamuddin, Level 31, Menara Dayabumi, Kuala Lumpur, MYS, 50050

Website

https://www.mhb.com.my

Malaysia Marine and Heavy Engineering Holdings Bhd is a marine and heavy engineering solutions provider for a range of offshore and onshore facilities and vessels. The company operates through three segments. Its Heavy engineering Business segment is engaged in the provision of service for oil and gas engineering, construction and conversion works. The Marine segment offers repair services and dry docking of liquefied natural gas carriers. Its Other segment comprises of supporting divisions to the group operations and sludge disposal management. The company generates maximum revenue from the Heavy engineering Business segment.

Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Headlines

No Headlines