Rhong Khen International Bhd (XKLS:7006) ROCE % : 0.73% (As of Mar. 2024)

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What is Rhong Khen 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. Rhong Khen International Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.73%.

Rhong Khen International Bhd ROCE % Historical Data

The historical data trend for Rhong Khen 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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Rhong Khen International Bhd ROCE % Chart

Rhong Khen International Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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6.32

4.59

12.04

7.73

4.43

Rhong Khen International Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-4.52	5.04	1.72	7.79	0.73

Rhong Khen International Bhd ROCE % Calculation

Rhong Khen International Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	31.088	/	( ( (948.199 - 258.164)	+	(812.717 - 100.37) )	/ 2 )
	=	31.088	/	( (690.035	+	712.347)	/ 2 )
	=	31.088	/	701.191
	=	4.43 %

Rhong Khen International Bhd's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	5.264	/	( ( (819.831 - 100.069)	+	(815.159 - 91.747) )	/ 2 )
	=	5.264	/	( ( 719.762	+	723.412 )	/ 2 )
	=	5.264	/	721.587
	=	0.73 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Rhong Khen International Bhd (XKLS:7006) 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.

Rhong Khen International Bhd ROCE % Related Terms

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Rhong Khen International Bhd (XKLS:7006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Rhong Khen International Bhd (XKLS:7006) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Batu 7¾ Jalan Kapar, Lot 3356, Kapar, SGR, MYS, 42200

Website

http://www.rkibhd.com

Rhong Khen International Bhd predominantly manufactures and distributes polyester boards, decorative wood panels, dining furniture, bedroom sets, and impregnated paper for domestic and export markets. It has three segments Manufacturing, Rental of investment properties and Investment holding. Majority of the revenue for the company is generated from its manufacturing segment.

Rhong Khen International Bhd (XKLS:7006) Headlines

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