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Acesian Partners (SGX:5FW) ROCE % : 56.90% (As of Dec. 2023)


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What is Acesian Partners 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. Acesian Partners's annualized ROCE % for the quarter that ended in Dec. 2023 was 56.90%.


Acesian Partners ROCE % Historical Data

The historical data trend for Acesian Partners'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.

Acesian Partners ROCE % Chart

Acesian Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -68.35 1.52 29.89 74.46 42.49

Acesian Partners 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 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 45.80 66.83 87.51 30.55 56.90

Acesian Partners ROCE % Calculation

Acesian Partners'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 )
=8.356/( ( (28.651 - 12.738) + (29.516 - 6.099) )/ 2 )
=8.356/( (15.913+23.417)/ 2 )
=8.356/19.665
=42.49 %

Acesian Partners'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 )
=11.62/( ( (27.806 - 10.382) + (29.516 - 6.099) )/ 2 )
=11.62/( ( 17.424 + 23.417 )/ 2 )
=11.62/20.4205
=56.90 %

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


Acesian Partners  (SGX:5FW) 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.


Acesian Partners ROCE % Related Terms

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Acesian Partners (SGX:5FW) Business Description

Traded in Other Exchanges
N/A
Address
33 Mactaggart Road, No. 04-00, Lee Kay Huan Building, Singapore, SGP, 368082
Acesian Partners Ltd provides environmental solutions and integrated services to various industries including semiconductor, wastewater treatment, chemical, pharmaceutical and biotechnological industries. Its segments include Manufacturing, distribution and services, Engineering Services, and Corporate. The company provides building services and engineering solutions such as designing, installing, testing and commissioning of Air-Conditioning and Mechanical Ventilation and Electrical Systems. It manufactures Ethylene Tetrafluoroethylene coated stainless steel ducts, Uncoated stainless-steel ducts, and galvanized ducts which will be integrated with third-party equipment such as fume hoods, scrubbers and fans and specialized exhaust system components.

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