Aurora Italia International Bhd (XKLS:03037) ROCE % : 7.33% (As of Sep. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Aurora Italia International 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. Aurora Italia International Bhd's annualized ROCE % for the quarter that ended in Sep. 2023 was 7.33%.

Aurora Italia International Bhd ROCE % Historical Data

The historical data trend for Aurora Italia International 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.

Aurora Italia International Bhd ROCE % Chart

Aurora Italia International Bhd Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

100.18

56.87

15.48

26.32

16.42

Aurora Italia International Bhd Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial							28.12	24.62	17.27	15.50	7.33

Aurora Italia International Bhd ROCE % Calculation

Aurora Italia International Bhd's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	9.214	/	( ( (72.849 - 19.632)	+	(82.441 - 23.419) )	/ 2 )
	=	9.214	/	( (53.217	+	59.022)	/ 2 )
	=	9.214	/	56.1195
	=	16.42 %

Aurora Italia International Bhd's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	4.38	/	( ( (82.441 - 23.419)	+	(75.201 - 14.646) )	/ 2 )
	=	4.38	/	( ( 59.022	+	60.555 )	/ 2 )
	=	4.38	/	59.7885
	=	7.33 %

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

Aurora Italia International Bhd (XKLS:03037) 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.

Aurora Italia International Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of Aurora Italia International Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Aurora Italia International Bhd (XKLS:03037) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Aurora Italia International Bhd (XKLS:03037) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 21, Technoplex Medan Bayan Lepas, Taman Perindustrian Bayan Lepas Phase IV, Bayan Lepas, PNG, MYS, 11900

Website

https://www.auroraitalia.net

Aurora Italia International Bhd is engaged in the trade of jewellery and dealers in all kinds of premium jewellery. The company produces its own designs of fine Sterling Silver jewellery with Preciosa Cubic Zirconia as the ingredient partner under worldwide patented brand names such as Auroses Collection and Licensed Partner with Disney, Marvel, Warner's Bros. and many more. Other than fine jewellery, AURORA ITALIA has developed various themes of 24K 1g Gold Bar for collection or investment. AURORA ITALIA has a footprint across the globe covering Malaysia, China, Indonesia, Singapore, Europe, the USA, and the UAE.

Aurora Italia International Bhd (XKLS:03037) Headlines

No Headlines