Sunkwan Properties Group (HKSE:06900) ROCE % : -6.76% (As of Jun. 2023)

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What is Sunkwan Properties Group 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. Sunkwan Properties Group's annualized ROCE % for the quarter that ended in Jun. 2023 was -6.76%.

Sunkwan Properties Group ROCE % Historical Data

The historical data trend for Sunkwan Properties Group'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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Sunkwan Properties Group ROCE % Chart

Sunkwan Properties Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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63.65

46.36

18.05

5.72

-15.32

Sunkwan Properties Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial					1.26	8.75	-9.62	-22.45	-6.76

Sunkwan Properties Group ROCE % Calculation

Sunkwan Properties Group's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-1838.653	/	( ( (49438.538 - 32897.628)	+	(36973.012 - 29517.48) )	/ 2 )
	=	-1838.653	/	( (16540.91	+	7455.532)	/ 2 )
	=	-1838.653	/	11998.221
	=	-15.32 %

Sunkwan Properties Group's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-459.258	/	( ( (36973.012 - 29517.48)	+	(35942.962 - 29804.253) )	/ 2 )
	=	-459.258	/	( ( 7455.532	+	6138.709 )	/ 2 )
	=	-459.258	/	6797.1205
	=	-6.76 %

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

Sunkwan Properties Group (HKSE:06900) 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.

Sunkwan Properties Group ROCE % Related Terms

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Sunkwan Properties Group (HKSE:06900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunkwan Properties Group Ltd (HKSE:06900) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No.77, Sunkwan Road, Building T1, Sunkwan Cente, Minhang District, Shanghai, CHN

Website

http://www.sunkwan.com.cn

Sunkwan Properties Group Ltd is engaged in the residential property development and sales. It focuses on the Yangtze River Delta Economic Zone and expanding to the Pearl River Delta Economic Zone and the Mid-China Core Economic Region.

Executives

Chen Peng	2202 Interest of your spouse
Fulva Holding Limited	2201 Interest of corporation controlled by you
Northern American Trust Company, Llc	2301 Trustee
Yongheng Holdings Limited	2101 Beneficial owner
Zhu Jing	2307 Founder of a discretionary trust who can infl
Ginkgo Gofar Holdings Limited	2101 Beneficial owner
Lin Jinfeng	2201 Interest of corporation controlled by you

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