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P.A. Resources Bhd (XKLS:7225) ROCE % : 22.18% (As of Dec. 2023)


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What is P.A. 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. P.A. Resources Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 22.18%.


P.A. Resources Bhd ROCE % Historical Data

The historical data trend for P.A. 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.

P.A. Resources Bhd ROCE % Chart

P.A. Resources Bhd Annual Data
Trend Mar13 Mar14 Mar15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.25 9.15 16.67 19.30 17.63

P.A. Resources 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.07 0.57 19.47 16.95 22.18

P.A. Resources Bhd ROCE % Calculation

P.A. Resources 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 )
=44.796/( ( (267.211 - 42.358) + (298.747 - 15.556) )/ 2 )
=44.796/( (224.853+283.191)/ 2 )
=44.796/254.022
=17.63 %

P.A. 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: 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 )
=63.46/( ( (325.957 - 41.959) + (319.404 - 31.279) )/ 2 )
=63.46/( ( 283.998 + 288.125 )/ 2 )
=63.46/286.0615
=22.18 %

(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.


P.A. Resources Bhd  (XKLS:7225) 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.


P.A. Resources Bhd ROCE % Related Terms

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P.A. Resources Bhd (XKLS:7225) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kuala Selangor, Lot 424 and 440, Kampung Batu 8, Ijok, Kuala Selangor, SGR, MYS, 45620
P.A. Resources Bhd is an aluminium extruder company that produces semi-finished aluminium products which are into aluminium smelting, producing aluminium billets. The company's operating segment includes aluminium extrusion and fabrication; aluminium billet casting and tolling; Money lending and others. It generates maximum revenue from the aluminium extrusion and fabrication segment. The company's product is used in the electrical and electronics, furniture, and consumer durables industries. Geographically, it derives a majority of its revenue from the United States of America.

P.A. Resources Bhd (XKLS:7225) Headlines

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