Lippo China Resources (HKSE:00156) ROCE % : -4.77% (As of Dec. 2023)

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What is Lippo China Resources 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. Lippo China Resources's annualized ROCE % for the quarter that ended in Dec. 2023 was -4.77%.

Lippo China Resources ROCE % Historical Data

The historical data trend for Lippo China Resources'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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Lippo China Resources ROCE % Chart

Lippo China Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

ROCE %

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9.94

-3.02

1.69

-7.24

-3.85

Lippo China Resources Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-4.82	-5.63	-9.32	-3.08	-4.77

Lippo China Resources ROCE % Calculation

Lippo China Resources'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 )
	=	-133.68	/	( ( (4392.037 - 918.41)	+	(3976.33 - 499.379) )	/ 2 )
	=	-133.68	/	( (3473.627	+	3476.951)	/ 2 )
	=	-133.68	/	3475.289
	=	-3.85 %

Lippo China Resources's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-162.484	/	( ( (4161.233 - 832.028)	+	(3976.33 - 499.379) )	/ 2 )
	=	-162.484	/	( ( 3329.205	+	3476.951 )	/ 2 )
	=	-162.484	/	3403.078
	=	-4.77 %

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

Lippo China Resources (HKSE:00156) 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.

Lippo China Resources ROCE % Related Terms

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Lippo China Resources (HKSE:00156) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Lippo China Resources Ltd (HKSE:00156) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, 40th Floor, Tower Two, Lippo Centre, Hong Kong, HKG

Website

https://www.lcr.com.hk

Lippo China Resources Ltd is a Hong Kong-based investment holding company. The company along with its subsidiaries is principally engaged in the below segments: Property development, Food businesses, Healthcare services, Securities investment, Treasury investment, and Others. It derives a majority of the revenue from the Food business activity which includes the distribution of consumer food and non-food products, food manufacturing and retailing, the management of restaurants, and food court operations. The company operates in Hong Kong, Mainland China, the Republic of Singapore, the USA, Malaysia, and other countries, of which key revenue is generated from the Republic of Singapore.

Executives

Tai Tak Fung	2201 Interest of corporation controlled by you
Wu Mei Yung	2202 Interest of your spouse
Ever Media Limited	2101 Beneficial owner
Four Seas Enterprises (bvi) Limited	2201 Interest of corporation controlled by you
Four Seas Mercantile Holdings Limited	2201 Interest of corporation controlled by you
Hambali Aileen
Lippo Capital Group Limited
Lippo Capital Holdings Company Limited
Lippo Capital Limited
Lippo Limited
Pt Trijaya Utama Mandiri
Riady James Tjahaja
Skyscraper Realty Limited
Leonardi Shincee
Riady Stephen

Lippo China Resources (HKSE:00156) Headlines

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