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Wanda Hotel Development Co (HKSE:00169) ROCE % : 4.47% (As of Dec. 2023)


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What is Wanda Hotel Development 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. Wanda Hotel Development Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.47%.


Wanda Hotel Development Co ROCE % Historical Data

The historical data trend for Wanda Hotel Development 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.

* Premium members only.

Wanda Hotel Development Co ROCE % Chart

Wanda Hotel Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.85 7.53 11.17 7.99 7.87

Wanda Hotel Development Co Semi-Annual Data
Jun14 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.14 6.14 10.81 11.38 4.47

Wanda Hotel Development Co ROCE % Calculation

Wanda Hotel Development Co'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 )
=302.31/( ( (5261.205 - 1476.564) + (4552.607 - 654.459) )/ 2 )
=302.31/( (3784.641+3898.148)/ 2 )
=302.31/3841.3945
=7.87 %

Wanda Hotel Development Co'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 )
=172.188/( ( (4563.682 - 749.678) + (4552.607 - 654.459) )/ 2 )
=172.188/( ( 3814.004 + 3898.148 )/ 2 )
=172.188/3856.076
=4.47 %

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

* 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.


Wanda Hotel Development Co  (HKSE:00169) 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.


Wanda Hotel Development Co ROCE % Related Terms

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Wanda Hotel Development Co (HKSE:00169) Business Description

Traded in Other Exchanges
Address
Two Exchange Square, 8 Connaught Place, Unit 3007, 30th Floor, Central, Hong Kong, HKG
Wanda Hotel Development Co Ltd, an investment holdings company, operates in commercial property development, leasing, management, and investment holding activities. The group owns projects such as Fuzhou Hengli City and Guilin Wanda Plaza in China and mixed-use projects with residential and commercial components in the United Kingdom, Europe, the United States, and Australia. The company operates through three segments: leasing of investment properties, Hotel Operations and Management services, and Hotel Design and Construction Management services.
Executives
Seatown Private Credit (cayman) Feeder Fund Ii Lp 2201 Interest of corporation controlled by you
Seatown Private Credit Feeder Fund Lp 2201 Interest of corporation controlled by you
Seatown Private Credit Master Fund 2106 Person having a security interest in shares
Seatown Private Credit Master Fund Ii 2106 Person having a security interest in shares
Seatown Singapore Feeder Fund Lp 2201 Interest of corporation controlled by you
Temasek Holdings (private) Limited 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
Deutsche Bank Aktiengesellschaft 2106 Person having a security interest in shares
Orchard Global Asset Management Llp 2102 Investment manager
Tahan Asia Balanced Fund 2106 Person having a security interest in shares
Tahan Capital Management Pte. Ltd. 2102 Investment manager
Taiga Special Opportunities Lcr Lp 2106 Person having a security interest in shares
Taigof Credit Opportunities Limited 2106 Person having a security interest in shares
Tsco Lending Fund Icav 2106 Person having a security interest in shares
Tso Holdings (uk) Limited 2106 Person having a security interest in shares

Wanda Hotel Development Co (HKSE:00169) Headlines

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