Guoco Group (Guoco Group) ROCE % : 5.00% (As of Dec. 2023)

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What is Guoco Group 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. Guoco Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.00%.

Guoco Group ROCE % Historical Data

The historical data trend for Guoco Group'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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Guoco Group ROCE % Chart

Guoco Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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4.72

0.62

3.03

4.09

4.64

Guoco Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															3.19	4.76	3.23	6.55	5.00

Guoco Group ROCE % Calculation

Guoco Group'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 )
	=	677.437	/	( ( (16598.561 - 2370.46)	+	(16937.697 - 1994.114) )	/ 2 )
	=	677.437	/	( (14228.101	+	14943.583)	/ 2 )
	=	677.437	/	14585.842
	=	4.64 %

Guoco Group'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	735.562	/	( ( (16937.697 - 1994.114)	+	(17584.182 - 3132.113) )	/ 2 )
	=	735.562	/	( ( 14943.583	+	14452.069 )	/ 2 )
	=	735.562	/	14697.826
	=	5.00 %

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

Guoco Group (OTCPK:GULRY) 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.

Guoco Group ROCE % Related Terms

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Guoco Group (Guoco Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Guoco Group Ltd (OTCPK:GULRY) » Definitions » ROCE %

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GULRF:USA 00053:Hong Kong

Address

99 Queen's Road Central, 50th Floor, The Center, Hong Kong, HKG

Website

https://www.guoco.com

Guoco Group Ltd is a holdings company engaged in investment and financial businesses globally. The company operates in four main segments: principal investment, property development and investment, hospitality and leisure, and financial services. It generates additional revenue from oil and gas production. Principal investment segment covers direct and equity investments, and treasury operations. The property development and investment segment, develops residential and commercial properties in China and Southeast Asia. The main revenue driver, hospitality and leisure segment owns, leases, and manages hotels, and operates gaming businesses in the UK, Spain and Belgium. The financial-services segment includes commercial, consumer and investment banking, as well as insurance services.