Malayan Flour Mills Bhd (XKLS:3662) ROCE % : -0.26% (As of Dec. 2023)

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What is Malayan Flour Mills 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. Malayan Flour Mills Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.26%.

Malayan Flour Mills Bhd ROCE % Historical Data

The historical data trend for Malayan Flour Mills 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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Malayan Flour Mills Bhd ROCE % Chart

Malayan Flour Mills Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.70

11.29

7.96

14.02

5.65

Malayan Flour Mills Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															16.37	7.56	2.72	12.05	-0.26

Malayan Flour Mills Bhd ROCE % Calculation

Malayan Flour Mills 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 )
	=	89.116	/	( ( (2731.427 - 1120.606)	+	(2580.74 - 1034.706) )	/ 2 )
	=	89.116	/	( (1610.821	+	1546.034)	/ 2 )
	=	89.116	/	1578.4275
	=	5.65 %

Malayan Flour Mills Bhd'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-4.148	/	( ( (2750.046 - 1144.139)	+	(2580.74 - 1034.706) )	/ 2 )
	=	-4.148	/	( ( 1605.907	+	1546.034 )	/ 2 )
	=	-4.148	/	1575.9705
	=	-0.26 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Malayan Flour Mills Bhd (XKLS:3662) 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.

Malayan Flour Mills Bhd ROCE % Related Terms

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Malayan Flour Mills Bhd (XKLS:3662) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Malayan Flour Mills Bhd (XKLS:3662) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Level 28, Menara Citibank, Suite 28.01, 165 Jalan Ampang, Kuala Lumpur, SGR, MYS, 50450

Website

https://www.mfm.com.my

Malayan Flour Mills Bhd is engaged in the flour milling industry in Malaysia. It has three operating segments; Flour and grain trading segment includes Milling and selling wheat flour and trading in grain and other allied products, Poultry integration segment includes Manufacture and sale of animal feeds, processing and sale of poultry products, poultry grow-out farm, breeding and sale of day-old-chicks and contract farming activities, and Other segment include Manufacture and sale of aqua feeds, re-measurement of contingent consideration receivable and provision for profit guarantee payment. Maximum revenue is generated by the Flour and grains trading segment. Geographically, Malaysia generates a majority of the revenue for the company.

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