Charn Issara Development PCL (BKK:CI) ROCE % : 3.34% (As of Dec. 2023)

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What is Charn Issara Development PCL 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. Charn Issara Development PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.34%.

Charn Issara Development PCL ROCE % Historical Data

The historical data trend for Charn Issara Development PCL'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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Charn Issara Development PCL ROCE % Chart

Charn Issara Development PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.73

-2.00

2.69

0.29

2.71

Charn Issara Development PCL 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															6.02	0.95	-1.27	7.50	3.34

Charn Issara Development PCL ROCE % Calculation

Charn Issara Development PCL'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 )
	=	195.293	/	( ( (11153.415 - 4379.897)	+	(12820.068 - 5180.753) )	/ 2 )
	=	195.293	/	( (6773.518	+	7639.315)	/ 2 )
	=	195.293	/	7206.4165
	=	2.71 %

Charn Issara Development PCL'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 )
	=	244.564	/	( ( (10982.843 - 3987.003)	+	(12820.068 - 5180.753) )	/ 2 )
	=	244.564	/	( ( 6995.84	+	7639.315 )	/ 2 )
	=	244.564	/	7317.5775
	=	3.34 %

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

Charn Issara Development PCL (BKK:CI) 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.

Charn Issara Development PCL ROCE % Related Terms

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Charn Issara Development PCL (BKK:CI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Charn Issara Development PCL (BKK:CI) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

2922/200, New Petchburi Road, 10th Floor, Charn Issara Tower II, Bangkapi Sub-district, HuayKwang, Bangkok, THA, 10310

Website

https://www.charnissara.com

Charn Issara Development PCL engages in the real estate business. It operates through the segments of Real Estate Development, Lease of Office Condominium units, Hotel Operations and Sale of goods. Its portfolio and projects include office buildings, shopping centers, House and Townhome, Hotel, Dining and Entertainment, SPA and residential condominiums. The firm's majority revenue comes from the Real Estate Development segment. The company principally operates in Thailand.