CSE Global (CSE Global) ROCE % : 16.03% (As of Dec. 2023)

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What is CSE Global 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. CSE Global's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.03%.

CSE Global ROCE % Historical Data

The historical data trend for CSE Global'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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CSE Global ROCE % Chart

CSE Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.42

16.93

8.98

5.35

15.15

CSE Global Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															6.61	6.47	4.43	14.76	16.03

CSE Global ROCE % Calculation

CSE Global'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 )
	=	30.185	/	( ( (365.187 - 164.629)	+	(449.192 - 251.396) )	/ 2 )
	=	30.185	/	( (200.558	+	197.796)	/ 2 )
	=	30.185	/	199.177
	=	15.15 %

CSE Global'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 )
	=	31.168	/	( ( (424.123 - 233.157)	+	(449.192 - 251.396) )	/ 2 )
	=	31.168	/	( ( 190.966	+	197.796 )	/ 2 )
	=	31.168	/	194.381
	=	16.03 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

CSE Global (OTCPK:CSYJY) 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.

CSE Global ROCE % Related Terms

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CSE Global (CSE Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CSE Global Ltd (OTCPK:CSYJY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CSYJF:USA 544:Singapore

Address

202 Bedok South Avenue 1, Building C No. 01-21, Singapore, SGP, 469332

Website

https://www.cse-global.com

CSE Global Ltd is an international technology company. It is engaged in the provision of total integrated industrial automation, information technology and intelligent transport solutions and investment holding. The company provide network and security solutions, targeting to Mining, Infrastructure, Oil, and Gas industry. The revenue sources of the group are Project revenue, Time and material revenue, Maintenance revenue and Equipment rental. The geographical regions of the company are Americas, Asia Pacific and EMEA.

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