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Yenher Holdings Bhd (XKLS:5300) ROCE % : 11.69% (As of Dec. 2023)


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What is Yenher 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. Yenher Holdings Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.69%.


Yenher Holdings Bhd ROCE % Historical Data

The historical data trend for Yenher 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.

Yenher Holdings Bhd ROCE % Chart

Yenher Holdings Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 26.11 24.50 16.97 13.81 11.99

Yenher Holdings Bhd Quarterly Data
Dec17 Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.89 11.83 13.99 11.61 11.69

Yenher Holdings Bhd ROCE % Calculation

Yenher 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 )
=27.464/( ( (243.723 - 25.986) + (270.124 - 29.662) )/ 2 )
=27.464/( (217.737+240.462)/ 2 )
=27.464/229.0995
=11.99 %

Yenher 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 )
=27.16/( ( (255.085 - 30.909) + (270.124 - 29.662) )/ 2 )
=27.16/( ( 224.176 + 240.462 )/ 2 )
=27.16/232.319
=11.69 %

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

* 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.


Yenher Holdings Bhd  (XKLS:5300) 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.


Yenher Holdings Bhd ROCE % Related Terms

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Yenher Holdings Bhd (XKLS:5300) Business Description

Traded in Other Exchanges
N/A
Address
Taman IKS Simpang Ampat, No. 1628, Jalan IKS Simpang Ampat 1, Seberang Perai Selatan, Pulau Pinang, Simpang Ampat, PNG, MYS, 14100
Yenher Holdings Bhd is an investment holding company. Through the subsidiaries, the company is principally involved in the manufacturing and distribution of animal health and nutrition products. It manufactures premixes, complete feed, formulated products, and biotech animal feed ingredients mainly for the poultry and swine subsectors. Geographic it operates with Malaysian customers, Overseas customers. The majority of its revenue comes from Malaysian customers.

Yenher Holdings Bhd (XKLS:5300) Headlines

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