GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Powerlong Real Estate Holdings Ltd (HKSE:01238) » Definitions » ROCE %

Powerlong Real Estate Holdings (HKSE:01238) ROCE % : -5.11% (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Powerlong Real Estate 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. Powerlong Real Estate Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -5.11%.


Powerlong Real Estate Holdings ROCE % Historical Data

The historical data trend for Powerlong Real Estate 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.

* Premium members only.

Powerlong Real Estate Holdings ROCE % Chart

Powerlong Real Estate Holdings 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 13.52 15.67 11.93 3.88 -0.83

Powerlong Real Estate Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 4.64 3.13 3.11 -5.11 -1.03

Powerlong Real Estate Holdings ROCE % Calculation

Powerlong Real Estate Holdings'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 )
=-969.532/( ( (261032.822 - 130858.233) + (234950.069 - 131233.12) )/ 2 )
=-969.532/( (130174.589+103716.949)/ 2 )
=-969.532/116945.769
=-0.83 %

Powerlong Real Estate Holdings'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 )
=-6015.558/( ( (247081.65 - 115423.531) + (234950.069 - 131233.12) )/ 2 )
=-6015.558/( ( 131658.119 + 103716.949 )/ 2 )
=-6015.558/117687.534
=-5.11 %

(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.


Powerlong Real Estate Holdings  (HKSE:01238) 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.


Powerlong Real Estate Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of Powerlong Real Estate Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Powerlong Real Estate Holdings Business Description

Traded in Other Exchanges
Address
1399 Xinzhen Road, Powerlong Tower, Baolong Building, Minhang District, Shanghai, CHN, 201101
Powerlong Real Estate Holdings Ltd specializes in commercial realty projects. The company operates in four business segments. (i) property development; (ii) property investment; (iii) commercial operation and residential property management; and (iv) other property development related businesses. Majority of the company's revenue is earned in China.
Executives
Sky Infinity Family Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Wason Holdings Limited 2101 Beneficial owner
Hoi Wa Fan 2201 Interest of corporation controlled by you
Walong Holdings Limited 2101 Beneficial owner
Hoi Kin Hong
Hoi Wa Fong
Shih Sze Ni Cecilia
Credit Suisse Trust Limited 2101 Beneficial owner
Sky Infinity Holdings Limited 2101 Beneficial owner
Skylong Holdings Limited 2101 Beneficial owner

Powerlong Real Estate Holdings Headlines

No Headlines