Rapid Synergy Bhd (XKLS:7765) ROCE % : 8.30% (As of Mar. 2024)

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What is Rapid Synergy 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. Rapid Synergy Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.30%.

Rapid Synergy Bhd ROCE % Historical Data

The historical data trend for Rapid Synergy 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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Rapid Synergy Bhd ROCE % Chart

Rapid Synergy Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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4.29

5.80

4.92

6.19

5.61

Rapid Synergy Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															4.00	3.76	26.21	1.93	8.30

Rapid Synergy Bhd ROCE % Calculation

Rapid Synergy Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	16.243	/	( ( (317.552 - 33.016)	+	(341.884 - 47.181) )	/ 2 )
	=	16.243	/	( (284.536	+	294.703)	/ 2 )
	=	16.243	/	289.6195
	=	5.61 %

Rapid Synergy 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 )
	=	21.056	/	( ( (355.201 - 93.497)	+	(349.841 - 103.927) )	/ 2 )
	=	21.056	/	( ( 261.704	+	245.914 )	/ 2 )
	=	21.056	/	253.809
	=	8.30 %

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

Rapid Synergy Bhd (XKLS:7765) 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.

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Rapid Synergy Bhd (XKLS:7765) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Rapid Synergy Bhd (XKLS:7765) » Definitions » ROCE %

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Address

161 Jalan Sungai Keluang, Bayan Lepas FIZ, Phase I, Bayan Lepas, PNG, MYS, 11900

Website

https://www.rapidsynergy.com.my

Rapid Synergy Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the group is engaged in the business segments of Investment holding and Precision Tooling. The Precision tools segment engages in the manufacturing of precision tools, dies, and moulds for the semiconductor, electrical and electronics industries. It offers integrated circuits and lens moulds, spare parts, and trim and form parts. It has two segments: The Investment holding segment involves investment in properties and shares and letting of properties and the Precision tooling segment involves Manufacturing of precision tools, dies and moulds for the semiconductor, electrical and electronics industries. It operates in Malaysia.

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