Leong Hup International Bhd (XKLS:6633) ROCE % : 21.21% (As of Dec. 2023)

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What is Leong Hup International 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. Leong Hup International Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 21.21%.

Leong Hup International Bhd ROCE % Historical Data

The historical data trend for Leong Hup International 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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Leong Hup International Bhd ROCE % Chart

Leong Hup International Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.60

8.44

7.14

12.21

17.89

Leong Hup International 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															19.63	7.61	15.96	26.50	21.21

Leong Hup International Bhd ROCE % Calculation

Leong Hup International 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 )
	=	724.335	/	( ( (6592.201 - 2663.122)	+	(6526.584 - 2358.257) )	/ 2 )
	=	724.335	/	( (3929.079	+	4168.327)	/ 2 )
	=	724.335	/	4048.703
	=	17.89 %

Leong Hup International 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 )
	=	879.76	/	( ( (6642.727 - 2517.211)	+	(6526.584 - 2358.257) )	/ 2 )
	=	879.76	/	( ( 4125.516	+	4168.327 )	/ 2 )
	=	879.76	/	4146.9215
	=	21.21 %

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

Leong Hup International Bhd (XKLS:6633) 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.

Leong Hup International Bhd ROCE % Related Terms

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Leong Hup International Bhd (XKLS:6633) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Leong Hup International Bhd (XKLS:6633) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3rd Floor, Wisma Westcourt, Number 126, Jalan Kelang Lama, Wilayah Persekutuan, Kuala Lumpur, MYS, 58000

Website

https://www.leonghupinternational.com

Leong Hup International Bhd is an integrated producer of poultry, eggs, and livestock feed. The operating segments of the group are Livestock and poultry-related products and Feedmill. Livestock and poultry-related products include the production and distribution of breeder and broiler day-old-chick, broiler chickens, eggs, animal health products, and consumer food products. The Feedmill segment involves the manufacturing and trading of animal feeds. The group has a business presence in Malaysia, Singapore, Indonesia, Vietnam, and the Philippines, of which key revenue is derived from Indonesia.

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