Coastal Greenland (STU:CGR0) ROCE % : -79.79% (As of Mar. 2024)

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What is Coastal Greenland 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. Coastal Greenland's annualized ROCE % for the quarter that ended in Mar. 2024 was -79.79%.

Coastal Greenland ROCE % Historical Data

The historical data trend for Coastal Greenland'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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Coastal Greenland ROCE % Chart

Coastal Greenland Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-4.80

-2.39

-19.83

-10.46

-53.99

Coastal Greenland Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-1.57	-19.85	-53.41	-79.79	-3.30

Coastal Greenland ROCE % Calculation

Coastal Greenland'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 )
	=	-170.195	/	( ( (805.7 - 336.909)	+	(210.582 - 48.951) )	/ 2 )
	=	-170.195	/	( (468.791	+	161.631)	/ 2 )
	=	-170.195	/	315.211
	=	-53.99 %

Coastal Greenland'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	-156.712	/	( ( (694.698 - 463.497)	+	(210.582 - 48.951) )	/ 2 )
	=	-156.712	/	( ( 231.201	+	161.631 )	/ 2 )
	=	-156.712	/	196.416
	=	-79.79 %

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

Coastal Greenland (STU:CGR0) 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.

Coastal Greenland ROCE % Related Terms

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Coastal Greenland Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Coastal Greenland Ltd (STU:CGR0) » Definitions » ROCE %

Traded in Other Exchanges

01124:Hong Kong CGR0:Germany

Address

1006 Fuzhong Third Road, 38th Floor, Noble Center, Futian District, Guangdong Province, Shenzhen, CHN

Website

http://www.coastal.com.cn

Coastal Greenland Ltd is an investment holding company principally engaged in the property-related business in the People's republic of China. The company operates through four business segments. The Property Development segment is engaged in the development of properties for sale. The Property Investment segment is engaged in investment in commercial and residential properties. The Project Management segment is engaged in the provision of project management services. The Project Investment Service segment is engaged in the provision of services about the investment in and the sales of property development and land development projects. The majority of the revenue is generated from the property development segment.

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