Rongan Property Co (SZSE:000517) ROCE % : 2.78% (As of Mar. 2025)

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What is Rongan Property 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. Rongan Property Co's annualized ROCE % for the quarter that ended in Mar. 2025 was 2.78%.

Rongan Property Co ROCE % Historical Data

The historical data trend for Rongan Property 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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Rongan Property Co ROCE % Chart

Rongan Property Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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15.06

8.03

6.32

6.80

-13.09

Rongan Property Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															18.29	2.14	-1.62	-84.23	2.78

Rongan Property Co ROCE % Calculation

Rongan Property Co'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 )
	=	-1367.586	/	( ( (48317.306 - 35609.617)	+	(19008.979 - 10814.816) )	/ 2 )
	=	-1367.586	/	( (12707.689	+	8194.163)	/ 2 )
	=	-1367.586	/	10450.926
	=	-13.09 %

Rongan Property Co's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	226.244	/	( ( (19008.979 - 10814.816)	+	(16114.794 - 8053.047) )	/ 2 )
	=	226.244	/	( ( 8194.163	+	8061.747 )	/ 2 )
	=	226.244	/	8127.955
	=	2.78 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Rongan Property Co (SZSE:000517) 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.

Rongan Property Co ROCE % Related Terms

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Rongan Property Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Rongan Property Co Ltd (SZSE:000517) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 513, Lingqiao Road, 15th Floor, Haishu District, Zhejiang, Ningbo, CHN, 315010

Website

http://www.rongan.com.cn

Rongan Property Co Ltd is a China-based company engages in the development, operation, and distribution of real estate. Its business activities include the sale of real estate properties, property management, and house leasing services. It is also engaged in the construction of commercial properties such as parking lots. It also offers multi-story apartments, small and high-rise apartments and business buildings.

Executives

Wang Cong Wei	Directors, executives
Wang Jiu Fang	Director
Lan Dong Hai	Directors, executives
Yu Ya Ping	Supervisors
Wang Lin Shan	Director
Zhong Wei Min	Director
Yu Kang Qi	Directors, executives
Song Zhang Hong	Executives
Wang Xin Zhong	Supervisors
Hu Yue Han	Directors, executives
Wu Ying	Securities Affairs Representative

Rongan Property Co Headlines

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