Jaya Tiasa Holdings Bhd (XKLS:4383) ROCE % : 14.95% (As of Dec. 2023)

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What is Jaya Tiasa Holdings 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. Jaya Tiasa Holdings Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.95%.

Jaya Tiasa Holdings Bhd ROCE % Historical Data

The historical data trend for Jaya Tiasa Holdings 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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Jaya Tiasa Holdings Bhd ROCE % Chart

Jaya Tiasa Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-7.59

-5.39

7.58

13.59

10.27

Jaya Tiasa Holdings 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															16.27	4.56	9.64	21.09	14.95

Jaya Tiasa Holdings Bhd ROCE % Calculation

Jaya Tiasa Holdings Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	191.3	/	( ( (2065.932 - 159.248)	+	(1954.5 - 135.595) )	/ 2 )
	=	191.3	/	( (1906.684	+	1818.905)	/ 2 )
	=	191.3	/	1862.7945
	=	10.27 %

Jaya Tiasa Holdings 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 )
	=	287.408	/	( ( (2051.114 - 138.588)	+	(2086.281 - 154.619) )	/ 2 )
	=	287.408	/	( ( 1912.526	+	1931.662 )	/ 2 )
	=	287.408	/	1922.094
	=	14.95 %

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

Jaya Tiasa Holdings Bhd (XKLS:4383) 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.

Jaya Tiasa Holdings Bhd ROCE % Related Terms

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Jaya Tiasa Holdings Bhd (XKLS:4383) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jaya Tiasa Holdings Bhd (XKLS:4383) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1-9, Pusat Suria Permata, Lorong Upper Lanang 10A, Sibu, SWK, MYS, 96000

Website

http://www.jayatiasa.net

Jaya Tiasa Holdings Bhd is an investment holding company, engaged in the development of oil palm plantations. The business activity of the group is breakdown into various segments which include logs trading, manufacturing, oil palm, oil mill, and others. Through its subsidiaries, the company manufactures a product such as sawn timber, blockboard, plywood, veneer, and related products. In addition, the firm also provides air transportation services and it is further engaged in the development of oil palm plantations. The majority of the firm's revenue gets derived from the oil palm operations.

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