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

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What is Sunkwan Properties Group ROCE %?

Sunkwan Properties Group HKSE:06900 ROCE % is -6.76% as of Jun. 2023.

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  (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

Sunkwan Properties Group ROCE % Historical Data

* Premium members only.

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.

Sunkwan Properties Group ROCE % Chart

Sunkwan Properties Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial 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 Premium Member Only Premium Member Only 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.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -6.76% mean?
Sunkwan Properties Group (HKSE:06900) has a ROCE % of -6.76% as of Jun. 2023.
Is Sunkwan Properties Group's ROCE % too high?
Sunkwan Properties Group's current ROCE % is -6.76%.
How does Sunkwan Properties Group's ROCE % compare to competitors?
Sunkwan Properties Group's ROCE % of -6.76% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Real Estate company?
The median ROCE % among Real Estate companies is 4.69, based on 1,755 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median ROCE % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunkwan Properties Group's current ROCE % is -6.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunkwan Properties Group stock overvalued right now?
Sunkwan Properties Group (HKSE:06900) has a current ROCE % of -6.76%. The current ROCE % is -6.76%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Sunkwan Properties Group (HKSE:06900), the current ROCE % is -6.76% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sunkwan Properties Group Business Description

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