APB Resources Bhd (XKLS:5568) ROCE % : 2.70% (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is APB 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. APB Resources Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.70%.

APB Resources Bhd ROCE % Historical Data

The historical data trend for APB 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.

APB Resources Bhd ROCE % Chart

APB Resources Bhd Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

ROCE %

Get a 7-Day Free Trial

1.99

-11.90

-1.07

2.96

-3.11

APB Resources Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															14.91	3.57	0.62	6.47	2.70

APB Resources Bhd ROCE % Calculation

APB Resources Bhd's annualized ROCE % for the fiscal year that ended in Sep. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2021 )		(A: Sep. 2020 )		(A: Sep. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2021 )		(A: Sep. 2020 )		(A: Sep. 2021 )
	=	-4.986	/	( ( (173.873 - 11.186)	+	(170.512 - 12.911) )	/ 2 )
	=	-4.986	/	( (162.687	+	157.601)	/ 2 )
	=	-4.986	/	160.144
	=	-3.11 %

APB 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	4.348	/	( ( (171.605 - 13.202)	+	(183.871 - 20.316) )	/ 2 )
	=	4.348	/	( ( 158.403	+	163.555 )	/ 2 )
	=	4.348	/	160.979
	=	2.70 %

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

APB Resources Bhd (XKLS:5568) 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.

APB Resources Bhd ROCE % Related Terms

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

APB Resources Bhd (XKLS:5568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » APB Resources Bhd (XKLS:5568) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 47 (Lot 540), Jalan TUDM, Kampung Baru Subang, Seksyen U6, Shah Alam, SGR, MYS, 40150

Website

https://www.apb-resources.com

APB Resources Bhd is an investment holding company. The company is involved in the fabrication of process equipment for the oleo-chemical, oil & gas, energy, and petrochemical industries. The company operates in three segments: Fabrication, which accounts for the majority of revenue; Non-destructive testing; and Others. The fabrication segment includes the designing and manufacturing of engineering equipment. It caters to different industries such as the petrochemical process, chemical, oil palm processing, paper mill, and power generation industry. Geographically, it derives a majority of its revenue from Malaysia.

APB Resources Bhd (XKLS:5568) Headlines

No Headlines