Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) ROCE % : 4.38% (As of Jun. 2024)

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What is Langham Hospitality Investments and Langham Hospitality Investments 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. Langham Hospitality Investments and Langham Hospitality Investments's annualized ROCE % for the quarter that ended in Jun. 2024 was 4.38%.

Langham Hospitality Investments and Langham Hospitality Investments ROCE % Historical Data

The historical data trend for Langham Hospitality Investments and Langham Hospitality Investments'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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Langham Hospitality Investments and Langham Hospitality Investments ROCE % Chart

Langham Hospitality Investments and Langham Hospitality Investments Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-16.80

-1.63

5.21

15.44

4.24

Langham Hospitality Investments and Langham Hospitality Investments Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															-1.52	17.63	13.32	4.38	5.17

Langham Hospitality Investments and Langham Hospitality Investments ROCE % Calculation

Langham Hospitality Investments and Langham Hospitality Investments'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 )
	=	1412.408	/	( ( (15022.631 - 6397.557)	+	(15835.032 - 6161.418) )	/ 2 )
	=	1412.408	/	( (8625.074	+	9673.614)	/ 2 )
	=	1412.408	/	9149.344
	=	15.44 %

Langham Hospitality Investments and Langham Hospitality Investments's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	425.558	/	( ( (15835.032 - 6161.418)	+	(15917.245 - 6156.063) )	/ 2 )
	=	425.558	/	( ( 9673.614	+	9761.182 )	/ 2 )
	=	425.558	/	9717.398
	=	4.38 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) 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.

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Langham Hospitality Investments and Langham Hospitality Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Langham Hospitality Investments and Langham Hospitality Investments Ltd (HKSE:01270) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Harbour Road, Great Eagle Centre, Suite 2702, 27th Floor, Wanchai, Hong Kong, HKG

Website

https://www.langhamhospitality.com

Langham Hospitality Investments and Langham Hospitality Investments Ltd is a holdings company involved in the lodging industry. The company operates through three business segments, Langham, Cordis, and Eaton. Langham invests in a portfolio of hotels with a focus on the Asian market. The business segments, Langham, Cordis, and Eaton are individual hotels based in Hong Kong. Langham is involved with the food, meeting, and conference space offerings at each of these hotels. The company generates all of its revenue in Hong Kong. Cordis, Hong Kong which generates majority revenue provides a contemporary luxury hotel experience.

Executives

Hsbc International Trustee Limited	2301 Trustee
Great Eagle Holdings Limited	2201 Interest of corporation controlled by you
Lo Ka Shui	2201 Interest of corporation controlled by you

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