Sunshine Homes Development JSC (HSTC:SSH) ROCE % : 30.25% (As of Dec. 2024)

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What is Sunshine Homes Development JSC 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. Sunshine Homes Development JSC's annualized ROCE % for the quarter that ended in Dec. 2024 was 30.25%.

Sunshine Homes Development JSC ROCE % Historical Data

The historical data trend for Sunshine Homes Development JSC'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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Sunshine Homes Development JSC ROCE % Chart

Sunshine Homes Development JSC Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

ROCE %

17.49

11.55

19.68

15.30

Sunshine Homes Development JSC Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial								6.58	9.99	15.56	3.78	30.25

Sunshine Homes Development JSC ROCE % Calculation

Sunshine Homes Development JSC's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	1460618.134	/	( ( (13200834.909 - 3360619.454)	+	(14403337.283 - 5147777.589) )	/ 2 )
	=	1460618.134	/	( (9840215.455	+	9255559.694)	/ 2 )
	=	1460618.134	/	9547887.5745
	=	15.30 %

Sunshine Homes Development JSC's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	2778918.892	/	( ( (12307759.645 - 3193146.201)	+	(14403337.283 - 5147777.589) )	/ 2 )
	=	2778918.892	/	( ( 9114613.444	+	9255559.694 )	/ 2 )
	=	2778918.892	/	9185086.569
	=	30.25 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Sunshine Homes Development JSC (HSTC:SSH) 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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Sunshine Homes Development JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunshine Homes Development JSC (HSTC:SSH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9th Floor, Sunshine Center building, 16 Pham Hung, My Dinh 2 Ward, Nam Tu Liem District, Hanoi, VNM

Website

https://www.ssh.vn

Sunshine Homes Development JSC is engaged in luxury real estate development. Its product lines include Sunshine Limited, Sunshine Sky Villas, Sunshine Apartments, and Sunshine Premier among others. The company operates mainly in the field of business, real estate consulting and leasing, housing construction, social infrastructure, and construction system installation.

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