PHKIF (Poly Property Group Co) ROCE % : 2.57% (As of Jun. 2024)

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What is Poly Property Group Co 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. Poly Property Group Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 2.57%.

Poly Property Group Co ROCE % Historical Data

The historical data trend for Poly Property Group Co'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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Poly Property Group Co ROCE % Chart

Poly Property Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.56

9.32

9.57

7.29

5.41

Poly Property Group Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															7.98	6.54	5.46	5.28	2.57

Poly Property Group Co ROCE % Calculation

Poly Property Group Co'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 )
	=	787.857	/	( ( (29134.241 - 14043.652)	+	(28824.256 - 14812.888) )	/ 2 )
	=	787.857	/	( (15090.589	+	14011.368)	/ 2 )
	=	787.857	/	14550.9785
	=	5.41 %

Poly Property Group Co'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 )
	=	354.748	/	( ( (28824.256 - 14812.888)	+	(28514.896 - 14908.913) )	/ 2 )
	=	354.748	/	( ( 14011.368	+	13605.983 )	/ 2 )
	=	354.748	/	13808.6755
	=	2.57 %

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

Poly Property Group Co (OTCPK:PHKIF) 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.

Poly Property Group Co ROCE % Related Terms

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Poly Property Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Poly Property Group Co Ltd (OTCPK:PHKIF) » Definitions » ROCE %

Traded in Other Exchanges

00119:Hong Kong CMJ:Germany

Address

18 Harcourt Road, Room 2503, Admiralty Centre, Tower 1, Hong Kong, HKG

Website

https://www.polyhongkong.com

Poly Property Group Co Ltd is a real estate company. The company is organized into four segments; Property Development, Property Investment, Hotel Operations, and Others. The Property Development segment is its focus area and accounts for of the company's revenues. The property Investment and Management segment is engaged in property investment and management. The Hotel Operations segment deals with hotel and restaurant businesses and the Other Operations segment is engaged in the manufacture and sales of digital discs and others.

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