Sinarmas Land (SGX:A26) ROCE % : 9.08% (As of Jun. 2024)

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What is Sinarmas Land 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. Sinarmas Land's annualized ROCE % for the quarter that ended in Jun. 2024 was 9.08%.

Sinarmas Land ROCE % Historical Data

The historical data trend for Sinarmas Land'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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Sinarmas Land ROCE % Chart

Sinarmas Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.73

6.10

6.71

11.05

9.25

Sinarmas Land 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															8.37	13.38	8.70	9.17	9.08

Sinarmas Land ROCE % Calculation

Sinarmas Land'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 )
	=	611.674	/	( ( (7700.64 - 1201.934)	+	(7931.142 - 1210.394) )	/ 2 )
	=	611.674	/	( (6498.706	+	6720.748)	/ 2 )
	=	611.674	/	6609.727
	=	9.25 %

Sinarmas Land'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 )
	=	603.262	/	( ( (7931.142 - 1210.394)	+	(7840.41 - 1270.555) )	/ 2 )
	=	603.262	/	( ( 6720.748	+	6569.855 )	/ 2 )
	=	603.262	/	6645.3015
	=	9.08 %

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

Sinarmas Land (SGX:A26) 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.

Sinarmas Land ROCE % Related Terms

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Sinarmas Land Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sinarmas Land Ltd (SGX:A26) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

108 Pasir Panjang Road, No. 06-00 Golden Agri Plaza, Singapore, SGP, 118535

Website

https://www.sinarmasland.com

Sinarmas Land Ltd develops, leases, and manages properties in Indonesia, China, Malaysia, and Singapore. The company operates in four segments: Indonesia property, international property, United Kingdom property, and other. The Indonesia property segment contributes the majority of the company's revenue, owning around 10,000 hectares of land with projects in city development, residential, commercial, retail, industrial estates, and hospitality properties, as well as property-related services. International property engages in and derives revenue from the investment, development, and management of commercial and residential properties in Malaysia, China, and Singapore. Other operations include the investment holding and corporate office.

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