Asiasec Properties (HKSE:00271) ROCE % : -3.62% (As of Dec. 2024)

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What is Asiasec Properties 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. Asiasec Properties's annualized ROCE % for the quarter that ended in Dec. 2024 was -3.62%.

Asiasec Properties ROCE % Historical Data

The historical data trend for Asiasec Properties'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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Asiasec Properties ROCE % Chart

Asiasec Properties Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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0.63

0.52

-2.54

13.42

-1.72

Asiasec Properties Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															-5.60	2.06	25.21	0.15	-3.62

Asiasec Properties ROCE % Calculation

Asiasec Properties's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-41.785	/	( ( (2603.968 - 36.141)	+	(2431.092 - 133.148) )	/ 2 )
	=	-41.785	/	( (2567.827	+	2297.944)	/ 2 )
	=	-41.785	/	2432.8855
	=	-1.72 %

Asiasec Properties's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	-87.41	/	( ( (2559.147 - 31.85)	+	(2431.092 - 133.148) )	/ 2 )
	=	-87.41	/	( ( 2527.297	+	2297.944 )	/ 2 )
	=	-87.41	/	2412.6205
	=	-3.62 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Asiasec Properties (HKSE:00271) 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.

Asiasec Properties ROCE % Related Terms

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Asiasec Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Asiasec Properties Ltd (HKSE:00271) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

138 Gloucester Road, 9th Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG

Website

http://www.asiasec.com.hk

Asiasec Properties Ltd is an investment holding company which is involved in real estate, property leasing and management services. The company has aggregated its operations into one reportable segment, Property Leasing and Estate Management. Its prime source of revenue is the rental income from investment properties.

Executives

Allied Group Limited
Lee Seng Hui
Lee Seng Huang
Lee Su Hwei
Allied Properties (h.k.) Limited
Tian An China Investments Company Limited

Asiasec Properties Headlines

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