Sweeten Real Estate Development Co (TPE:5525) ROCE % : -1.64% (As of Mar. 2024)

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What is Sweeten Real Estate Development Co 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. Sweeten Real Estate Development Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.64%.

Sweeten Real Estate Development Co ROCE % Historical Data

The historical data trend for Sweeten Real Estate Development Co'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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Sweeten Real Estate Development Co ROCE % Chart

Sweeten Real Estate Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.25

1.56

-1.18

15.08

14.84

Sweeten Real Estate Development Co Quarterly Data
	Jun19	Sep19	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															-0.01	3.37	64.05	-1.74	-1.64

Sweeten Real Estate Development Co ROCE % Calculation

Sweeten Real Estate Development Co'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 )
	=	888.812	/	( ( (17031.817 - 11641.968)	+	(16709.599 - 10121.784) )	/ 2 )
	=	888.812	/	( (5389.849	+	6587.815)	/ 2 )
	=	888.812	/	5988.832
	=	14.84 %

Sweeten Real Estate Development Co'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 )
	=	-107.98	/	( ( (16709.599 - 10121.784)	+	(17775.35 - 11227.244) )	/ 2 )
	=	-107.98	/	( ( 6587.815	+	6548.106 )	/ 2 )
	=	-107.98	/	6567.9605
	=	-1.64 %

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

Sweeten Real Estate Development Co (TPE:5525) 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.

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Sweeten Real Estate Development Co (TPE:5525) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sweeten Real Estate Development Co Ltd (TPE:5525) » Definitions » ROCE %

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Address

No. 201, Wenxin Road, 3rd Floor, Section 2, Xitun District, Taichung, TWN

Website

http://www.sweeten.com.tw

Sweeten Real Estate Development Co Ltd is a Taiwan-based constructor. It is mainly engaged in the construction of residential buildings and the leasing and sale of commercial buildings, development and leasing of industrial plants, development of specific professional zones, urban renewal, and leasing of office buildings. The company has three segments namely, Building Dept., the Construction Dept. and the Hotel Dept.

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