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RITR (Reitar Logtech Holdings) ROCE % : 42.84% (As of Sep. 2024)


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What is Reitar Logtech Holdings 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. Reitar Logtech Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 42.84%.


Reitar Logtech Holdings ROCE % Historical Data

The historical data trend for Reitar Logtech Holdings'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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Reitar Logtech Holdings ROCE % Chart

Reitar Logtech Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24
ROCE %
247.64 478.57 21.23 29.29

Reitar Logtech Holdings Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
ROCE % Get a 7-Day Free Trial 110.11 13.23 24.04 36.04 42.84

Reitar Logtech Holdings ROCE % Calculation

Reitar Logtech Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=3.441/( ( (25.951 - 15.293) + (31.04 - 18.203) )/ 2 )
=3.441/( (10.658+12.837)/ 2 )
=3.441/11.7475
=29.29 %

Reitar Logtech Holdings's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=7.734/( ( (31.04 - 18.203) + (47.282 - 24.009) )/ 2 )
=7.734/( ( 12.837 + 23.273 )/ 2 )
=7.734/18.055
=42.84 %

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


Reitar Logtech Holdings  (NAS:RITR) 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.


Reitar Logtech Holdings ROCE % Related Terms

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Reitar Logtech Holdings Business Description

Traded in Other Exchanges
N/A
Address
c/o Unit 801, 77 Hoi Bun Road, 8th Floor, Tower 2, The Quayside, Kwun Tong, Kowloon, Hong Kong, HKG
Reitar Logtech Holdings Ltd provide one-stop solutions for logistics property operations in property development and redevelopment projects. It consists of two segments: construction management and engineering design services; and asset management and professional consultancy services in Hong Kong. Key revenue is generated from construction management and engineering design services.

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