Debao Property Development (SGX:BTF) ROCE % : 3.91% (As of Sep. 2023)

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What is Debao Property Development 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. Debao Property Development's annualized ROCE % for the quarter that ended in Sep. 2023 was 3.91%.

Debao Property Development ROCE % Historical Data

The historical data trend for Debao Property Development'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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Debao Property Development ROCE % Chart

Debao Property Development Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

ROCE %

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6.43

-0.42

6.09

-7.45

0.66

Debao Property Development Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															3.80	-2.83	1.56	6.69	3.91

Debao Property Development ROCE % Calculation

Debao Property Development's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	2.588	/	( ( (826.179 - 306.135)	+	(796.23 - 530.472) )	/ 2 )
	=	2.588	/	( (520.044	+	265.758)	/ 2 )
	=	2.588	/	392.901
	=	0.66 %

Debao Property Development's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	6.72	/	( ( (702.568 - 527.45)	+	(698.93 - 530.489) )	/ 2 )
	=	6.72	/	( ( 175.118	+	168.441 )	/ 2 )
	=	6.72	/	171.7795
	=	3.91 %

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

Debao Property Development (SGX:BTF) 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.

Debao Property Development ROCE % Related Terms

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Debao Property Development (SGX:BTF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Debao Property Development Ltd (SGX:BTF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7, Ground Floor, 39 Nanyi Road, Guicheng, Jiangnan Mingju Xi Yua, Nanhai District, Guangdong province, Foshan, CHN, 528200

Website

http://www.fsnhdebao.com

Debao Property Development Ltd operates as a real estate development company. It is engaged in the development and construction of real estate properties. The company operates through four segments: Property development, Construction contract, Property investment, and Sale of Investment Properties. Its Property development segment is engaged in the development of residential, commercial and other properties. The company's Construction contract segment is engaged in building structural projects and interior works. The company is an integrated property developer of residential properties and commercial properties in China.

Debao Property Development (SGX:BTF) Headlines

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