Ho Wah Genting Bhd (XKLS:9601) ROCE % : -10.13% (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Ho Wah Genting 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. Ho Wah Genting Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -10.13%.

Ho Wah Genting Bhd ROCE % Historical Data

The historical data trend for Ho Wah Genting 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.

Ho Wah Genting Bhd ROCE % Chart

Ho Wah Genting Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Apr22

Dec23

ROCE %

Get a 7-Day Free Trial

-38.77

-0.95

-8.73

-2.27

5.85

Ho Wah Genting Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															9.97	-0.16	12.07	22.12	-10.13

Ho Wah Genting Bhd ROCE % Calculation

Ho Wah Genting 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: Apr. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Apr. 2022 )		(A: Dec. 2023 )
	=	5.474	/	( ( (178.95 - 92.575)	+	(131.557 - 30.637) )	/ 2 )
	=	5.474	/	( (86.375	+	100.92)	/ 2 )
	=	5.474	/	93.6475
	=	5.85 %

Ho Wah Genting 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 )
	=	-10.344	/	( ( (127.924 - 24.678)	+	(131.557 - 30.637) )	/ 2 )
	=	-10.344	/	( ( 103.246	+	100.92 )	/ 2 )
	=	-10.344	/	102.083
	=	-10.13 %

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

Ho Wah Genting Bhd (XKLS:9601) 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.

Ho Wah Genting Bhd ROCE % Related Terms

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

Ho Wah Genting Bhd (XKLS:9601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ho Wah Genting Bhd (XKLS:9601) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35, Jalan Maharajalela, 1st Floor, Wisma Ho Wah Genting, Kuala Lumpur, SGR, MYS, 50150

Website

https://www.hwgenting.com

Ho Wah Genting Bhd is engaged in investment holdings and the provision of management services to its subsidiaries. The group has four operating segments, namely, Investment, Moulded power supply cord sets, Healthcare and Travelling Services. Moulded power supply cord sets is engaged in manufacturing and trading of wires and cables, moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment. The group earns a majority of the revenue from Moulded power supply cord sets. Geographically, the group has a presence in North America, Malaysia and the Rest of Asia; with a majority of the revenue being generated from North America.

Ho Wah Genting Bhd (XKLS:9601) Headlines

No Headlines