Land and Houses PCL (Land and Houses PCL) ROCE % : 7.13% (As of Mar. 2024)

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What is Land and Houses PCL 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. Land and Houses PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.13%.

Land and Houses PCL ROCE % Historical Data

The historical data trend for Land and Houses PCL'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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Land and Houses PCL ROCE % Chart

Land and Houses PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.63

9.84

9.06

10.90

9.73

Land and Houses PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															7.18	7.99	6.73	17.07	7.13

Land and Houses PCL ROCE % Calculation

Land and Houses PCL'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 )
	=	280.869	/	( ( (3565.014 - 716.172)	+	(3771.181 - 847.026) )	/ 2 )
	=	280.869	/	( (2848.842	+	2924.155)	/ 2 )
	=	280.869	/	2886.4985
	=	9.73 %

Land and Houses PCL's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	206.528	/	( ( (3771.181 - 847.026)	+	(3877.977 - 1007.608) )	/ 2 )
	=	206.528	/	( ( 2924.155	+	2870.369 )	/ 2 )
	=	206.528	/	2897.262
	=	7.13 %

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

Land and Houses PCL (OTCPK:LHSPY) 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.

Land and Houses PCL ROCE % Related Terms

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Land and Houses PCL (Land and Houses PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Land and Houses PCL (OTCPK:LHSPY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LH-F:Thailand LH:Thailand LHOG:Germany

Address

No. 1, South Sathon Road, 37-38 Floor, Q. House Lumpini Building, Kwaeng Tungmahamek, Khet Sathon, Bangkok, THA, 10120

Website

https://www.lh.co.th

Land and Houses PCL is a residential property development company in Thailand. The company focuses on developing single-detached houses. It also develops townhouses and condominiums. The company develops property in Bangkok and major provinces such as Chiang Mai, Chiang Rai, Khon Kaen, Nakhon Ratchasima, Udon Thani, Hua Hin, Phuket, Maha Sarakham, and Ayutthaya. Geographically, the business activities of the group are seen in Thailand and the USA, of which the Thailand region accounts for the majority of revenue.

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