Southern Cable Group Bhd (XKLS:0225) ROCE % : 24.21% (As of Mar. 2024)

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What is Southern Cable Group 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. Southern Cable Group Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 24.21%.

Southern Cable Group Bhd ROCE % Historical Data

The historical data trend for Southern Cable Group 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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Southern Cable Group Bhd ROCE % Chart

Southern Cable Group Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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25.84

15.33

7.10

9.55

15.30

Southern Cable Group Bhd Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															12.50	12.22	13.70	22.95	24.21

Southern Cable Group Bhd ROCE % Calculation

Southern Cable Group Bhd'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 )
	=	48.504	/	( ( (570.532 - 268.758)	+	(605.583 - 273.141) )	/ 2 )
	=	48.504	/	( (301.774	+	332.442)	/ 2 )
	=	48.504	/	317.108
	=	15.30 %

Southern Cable Group 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 )
	=	82.192	/	( ( (605.583 - 273.141)	+	(614.772 - 268.357) )	/ 2 )
	=	82.192	/	( ( 332.442	+	346.415 )	/ 2 )
	=	82.192	/	339.4285
	=	24.21 %

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

Southern Cable Group Bhd (XKLS:0225) 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.

Southern Cable Group Bhd ROCE % Related Terms

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Southern Cable Group Bhd (XKLS:0225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Southern Cable Group Bhd (XKLS:0225) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 42, Jalan Merbau Pulas, Kawasan Perusahaan Kuala Ketil, Kuala Ketil, KDH, MYS, 09300

Website

https://www.southerncable.com.my

Southern Cable Group Bhd is a manufacturer of cables and wires. The company's portfolio includes cables and wires used for power distribution and transmission, communications, as well as control and instrumentation applications. The operating segment of the company are Power cables and wires, Communications cables and wires, Control and instrumentation cables and wires and Related products and services. Power cables and wires segment include power cables and wires which are used in electrical systems for the distribution of power. The majority of company's revenue is generated from Power cables and wires segment.

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