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OUE Healthcare (SGX:5WA) ROCE % : 8.43% (As of Dec. 2023)


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What is OUE Healthcare 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. OUE Healthcare's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.43%.


OUE Healthcare ROCE % Historical Data

The historical data trend for OUE Healthcare'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.

OUE Healthcare ROCE % Chart

OUE Healthcare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.04 -28.67 26.69 7.13 7.32

OUE Healthcare 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.12 9.35 4.15 6.20 8.43

OUE Healthcare ROCE % Calculation

OUE Healthcare'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 )
=96.389/( ( (1402.586 - 112.902) + (1448.1 - 103.279) )/ 2 )
=96.389/( (1289.684+1344.821)/ 2 )
=96.389/1317.2525
=7.32 %

OUE Healthcare'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 )
=112.046/( ( (1424.237 - 111.725) + (1448.1 - 103.279) )/ 2 )
=112.046/( ( 1312.512 + 1344.821 )/ 2 )
=112.046/1328.6665
=8.43 %

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

* 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.


OUE Healthcare  (SGX:5WA) 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.


OUE Healthcare ROCE % Related Terms

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OUE Healthcare (SGX:5WA) Business Description

Traded in Other Exchanges
N/A
Address
6 Shenton Way, Number 10-09A, OUE Downtown, Singapore, SGP, 068809
OUE Healthcare Ltd formerly OUE Lippo Healthcare Ltd is a Pan-Asian healthcare group , that owns, operates, and invests in healthcare businesses in fast-growing Pan-Asian markets. The segments of the company include Healthcare operations, Healthcare assets, Properties under development and Investment. It derives most of its revenue from the Healthcare Assets segment which offers rental of investment properties and assets owned by the Group.

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