GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Xiwang Property Holdings Co Ltd (STU:XSA) » Definitions » ROCE %

Xiwang Property Holdings Co (STU:XSA) ROCE % : -51.25% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Xiwang Property Holdings 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. Xiwang Property Holdings Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -51.25%.


Xiwang Property Holdings Co ROCE % Historical Data

The historical data trend for Xiwang Property Holdings 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.

* Premium members only.

Xiwang Property Holdings Co ROCE % Chart

Xiwang Property Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.33 -1.68 -0.26 -1.22 -25.18

Xiwang Property Holdings Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.55 -0.99 -1.47 -0.53 -51.25

Xiwang Property Holdings Co ROCE % Calculation

Xiwang Property Holdings 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 )
=-19.519/( ( (98.456 - 8.818) + (72.889 - 7.479) )/ 2 )
=-19.519/( (89.638+65.41)/ 2 )
=-19.519/77.524
=-25.18 %

Xiwang Property Holdings Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-38.574/( ( (93.906 - 8.778) + (72.889 - 7.479) )/ 2 )
=-38.574/( ( 85.128 + 65.41 )/ 2 )
=-38.574/75.269
=-51.25 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) 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.


Xiwang Property Holdings Co  (STU:XSA) 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.


Xiwang Property Holdings Co ROCE % Related Terms

Thank you for viewing the detailed overview of Xiwang Property Holdings Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Xiwang Property Holdings Co (STU:XSA) Business Description

Traded in Other Exchanges
Address
Xiwang Industrial Area, Zouping County, Shandong Province, Binzhou, CHN, 256209
Xiwang Property Holdings Co Ltd is an investment holding company. The company segment includes Property development business; property management services business and Trading of construction material business. It generates maximum revenue from the Trading of construction material segment.

Xiwang Property Holdings Co (STU:XSA) Headlines

No Headlines