Khai Hoan Land Real Estate JSC (STC:KHG) ROCE % : 3.56% (As of Mar. 2024)

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What is Khai Hoan Land Real Estate JSC 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. Khai Hoan Land Real Estate JSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.56%.

Khai Hoan Land Real Estate JSC ROCE % Historical Data

The historical data trend for Khai Hoan Land Real Estate JSC'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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Khai Hoan Land Real Estate JSC ROCE % Chart

Khai Hoan Land Real Estate JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.09

8.66

15.81

13.23

4.10

Khai Hoan Land Real Estate JSC Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial														8.31	7.04	3.39	-2.12	3.56

Khai Hoan Land Real Estate JSC ROCE % Calculation

Khai Hoan Land Real Estate JSC'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 )
	=	216176.943	/	( ( (7044644.779 - 1903939.906)	+	(6390734.41 - 984926.397) )	/ 2 )
	=	216176.943	/	( (5140704.873	+	5405808.013)	/ 2 )
	=	216176.943	/	5273256.443
	=	4.10 %

Khai Hoan Land Real Estate JSC's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	192883.192	/	( ( (6390734.41 - 984926.397)	+	(6308751.914 - 889992.349) )	/ 2 )
	=	192883.192	/	( ( 5405808.013	+	5418759.565 )	/ 2 )
	=	192883.192	/	5412283.789
	=	3.56 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Khai Hoan Land Real Estate JSC (STC:KHG) 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.

Khai Hoan Land Real Estate JSC ROCE % Related Terms

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Khai Hoan Land Real Estate JSC (STC:KHG) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Khai Hoan Land Real Estate JSC (STC:KHG) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

R4-93 Hung Gia 4 Street, Phu My Hung Urban Area, Tan Phong Ward, District 7, Ho Chi Minh City, VNM

Website

https://www.khaihoanland.vn

Khai Hoan Land Real Estate JSC operates as a real estate developer and a broker. The company develops luxury apartments, resorts, and apartments.

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