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Top Glove Corporation Bhd - Stock

Top Glove Corporation Bhd ROCE 2024

Top Glove Corporation Bhd ROCE

-0.09

Ticker

TOPGLOV.KL

ISIN

MYL7113OO003

WKN

358038

In 2024, Top Glove Corporation Bhd's return on capital employed (ROCE) was -0.09, a -312.64% increase from the 0.04 ROCE in the previous year.

Top Glove Corporation Bhd Aktienanalyse

What does Top Glove Corporation Bhd do?

The Top Glove Corporation Bhd is a Malaysian company specializing in the production of gloves. It was founded in 1991 by Tan Sri Lim Wee Chai and is headquartered in Klang, Selangor. Since its inception, Top Glove has become a leading manufacturer of medical and industrial gloves and is now the world's largest glove manufacturer. The business model of Top Glove is based on the production and sale of gloves. The company is divided into two main segments: Medical gloves and industrial gloves. Medical gloves include disposable gloves used in hospitals, pharmacies, and other medical facilities. Industrial gloves are mainly used in manufacturing, food processing, and other industries. Top Glove's product range includes latex gloves, nitrile gloves, and vinyl gloves in various sizes and colors. Top Glove is divided into three main regions: Malaysia, Thailand, and China. The company operates seventeen factories in Malaysia, five in Thailand, and two in China. It also has sales offices in the USA and Europe. With a production capacity of over 70 billion gloves per year, Top Glove is the largest manufacturer of medical and industrial gloves worldwide. The history of Top Glove began in 1991 with the founding of Top Glove Sdn Bhd in Malaysia. The company established its first factory in Klang, Selangor, and started producing latex gloves. In 1993, Top Glove acquired the brand "Top Glove," which is now globally recognized. In the following years, the company opened more factories and expanded its product range to include nitrile gloves and vinyl gloves. In 2000, Top Glove was listed on the Malaysian stock exchange, and in 2001, the company opened its first factory in Thailand. In 2006, Top Glove acquired a factory in China, and in 2009, the company opened its first sales office in the USA. In the following years, the company continued to expand and open new factories in Malaysia, Thailand, and China. In 2020, Top Glove gained even more attention due to the COVID-19 pandemic, as it is one of the main suppliers of gloves to the medical sector. However, the company has also faced criticism for past allegations of human rights violations against its foreign workers. Overall, Top Glove is a significant player in the market for medical and industrial gloves. The company has an impressive success story and is well positioned to continue playing a leading role in the industry. Top Glove Corporation Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Top Glove Corporation Bhd's Return on Capital Employed (ROCE)

Top Glove Corporation Bhd's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Top Glove Corporation Bhd's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Top Glove Corporation Bhd's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Top Glove Corporation Bhd’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Top Glove Corporation Bhd stock

What is the ROCE (Return on Capital Employed) of Top Glove Corporation Bhd this year?

The ROCE of Top Glove Corporation Bhd is -0.09 undefined this year.

How has the ROCE (Return on Capital Employed) of Top Glove Corporation Bhd developed compared to the previous year?

The ROCE of Top Glove Corporation Bhd has increased by -312.64% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Top Glove Corporation Bhd?

A high Return on Capital Employed (ROCE) indicates that Top Glove Corporation Bhd has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Top Glove Corporation Bhd?

A low ROCE (Return on Capital Employed) can indicate that Top Glove Corporation Bhd has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Top Glove Corporation Bhd impact the company?

An increase in the ROCE of Top Glove Corporation Bhd can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Top Glove Corporation Bhd affect the company?

A decrease in ROCE of Top Glove Corporation Bhd can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Top Glove Corporation Bhd?

Some factors that can affect Top Glove Corporation Bhd's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Top Glove Corporation Bhd so important for investors?

The ROCE of Top Glove Corporation Bhd is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Top Glove Corporation Bhd take to improve the ROCE?

To improve the ROCE, Top Glove Corporation Bhd can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Top Glove Corporation Bhd pay?

Over the past 12 months, Top Glove Corporation Bhd paid a dividend of 0.43 MYR . This corresponds to a dividend yield of about 35.75 %. For the coming 12 months, Top Glove Corporation Bhd is expected to pay a dividend of 0 MYR.

What is the dividend yield of Top Glove Corporation Bhd?

The current dividend yield of Top Glove Corporation Bhd is 35.75 %.

When does Top Glove Corporation Bhd pay dividends?

Top Glove Corporation Bhd pays a quarterly dividend. This is distributed in the months of April, July, November, January.

How secure is the dividend of Top Glove Corporation Bhd?

Top Glove Corporation Bhd paid dividends every year for the past 3 years.

What is the dividend of Top Glove Corporation Bhd?

For the upcoming 12 months, dividends amounting to 0 MYR are expected. This corresponds to a dividend yield of 0 %.

In which sector is Top Glove Corporation Bhd located?

Top Glove Corporation Bhd is assigned to the 'Health' sector.

Wann musste ich die Aktien von Top Glove Corporation Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Top Glove Corporation Bhd from 1/10/2022 amounting to 0.012 MYR, you needed to have the stock in your portfolio before the ex-date on 12/24/2021.

When did Top Glove Corporation Bhd pay the last dividend?

The last dividend was paid out on 1/10/2022.

What was the dividend of Top Glove Corporation Bhd in the year 2023?

In the year 2023, Top Glove Corporation Bhd distributed 0 MYR as dividends.

In which currency does Top Glove Corporation Bhd pay out the dividend?

The dividends of Top Glove Corporation Bhd are distributed in MYR.

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Andere Kennzahlen von Top Glove Corporation Bhd

Our stock analysis for Top Glove Corporation Bhd Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Top Glove Corporation Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.