China Overseas Property Holdings (China Overseas Property Holdings) ROCE % : 50.27% (As of Jun. 2023)

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What is China Overseas Property Holdings 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. China Overseas Property Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was 50.27%.

China Overseas Property Holdings ROCE % Historical Data

The historical data trend for China Overseas Property Holdings'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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China Overseas Property Holdings ROCE % Chart

China Overseas Property Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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55.41

48.82

49.30

49.32

45.12

China Overseas Property Holdings Semi-Annual Data
	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														54.79	43.80	55.45	50.27	39.45

China Overseas Property Holdings ROCE % Calculation

China Overseas Property Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	217.374	/	( ( (1066.77 - 668.864)	+	(1300.048 - 816.503) )	/ 2 )
	=	217.374	/	( (397.906	+	483.545)	/ 2 )
	=	217.374	/	440.7255
	=	49.32 %

China Overseas Property Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	252.64	/	( ( (1300.048 - 816.503)	+	(1318.193 - 796.528) )	/ 2 )
	=	252.64	/	( ( 483.545	+	521.665 )	/ 2 )
	=	252.64	/	502.605
	=	50.27 %

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

China Overseas Property Holdings (OTCPK:CNPPF) 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.

China Overseas Property Holdings ROCE % Related Terms

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China Overseas Property Holdings (China Overseas Property Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Overseas Property Holdings Ltd (OTCPK:CNPPF) » Definitions » ROCE %

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02669:Hong Kong

Address

1 Queen’s Road East, Suite 703, 7th Floor, Three Pacific Place, Hongkong, HKG

Website

http://www.copl.com.hk

China Overseas Property Holdings Ltd is an investment holding company. The business activities of the group functioned through Property Management Services and Value-added Services and Car parking spaces trading business. Property Management Services division provides services such as security, repairs and maintenance, cleaning and garden landscape maintenance, pre-delivery services, and engineering service quality monitoring. Value-added services include engineering services such as automation consulting, engineering product sales, equipment upgrade services, community leasing, and other services. In addition the group is also involved in trading of various types of car parking spaces. The company derives the majority of revenue from Property Management Services.

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