City Developments (SGX:C09) ROCE % : 5.14% (As of Dec. 2024)

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What is City Developments 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. City Developments's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.14%.

City Developments ROCE % Historical Data

The historical data trend for City Developments'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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City Developments ROCE % Chart

City Developments Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-8.37

2.29

12.32

5.01

4.88

City Developments Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															4.91	4.21	5.99	4.42	5.14

City Developments ROCE % Calculation

City Developments'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 )
	=	923.141	/	( ( (24234.022 - 5706.905)	+	(25606.887 - 6303.746) )	/ 2 )
	=	923.141	/	( (18527.117	+	19303.141)	/ 2 )
	=	923.141	/	18915.129
	=	4.88 %

City Developments'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: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	1001.758	/	( ( (24386.783 - 4705.939)	+	(25606.887 - 6303.746) )	/ 2 )
	=	1001.758	/	( ( 19680.844	+	19303.141 )	/ 2 )
	=	1001.758	/	19491.9925
	=	5.14 %

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

City Developments (SGX:C09) 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.

City Developments ROCE % Related Terms

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City Developments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » City Developments Ltd (SGX:C09) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CDEVY:USA C70.PFD:Singapore CDE:Germany

Address

9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619

Website

http://www.cdl.com.sg

City Developments Ltd operates as a property developer and owner, and investment holding company. Along with its subsidiaries, its principal activities are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management, and provision of consultancy, procurement, and laundry services. The company's reportable segments are; Property development, Hotel operations, and Investment properties. The majority of the revenue is generated from its Property development segment which develops and purchases properties for sale. Key revenue for the company is generated from its operations in Singapore and the rest from Japan, China, the United States, United Kingdom, and other regions.

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