Risesun Real Estate Development Co (SZSE:002146) ROCE % : -3.83% (As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Risesun Real Estate Development 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. Risesun Real Estate Development Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -3.83%.

Risesun Real Estate Development Co ROCE % Historical Data

The historical data trend for Risesun Real Estate Development 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.

Risesun Real Estate Development Co ROCE % Chart

Risesun Real Estate Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

19.01

13.34

-2.42

-24.80

9.62

Risesun Real Estate Development Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															4.83	16.05	6.83	0.35	-3.83

Risesun Real Estate Development Co ROCE % Calculation

Risesun Real Estate Development 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 )
	=	4781.094	/	( ( (249651.367 - 204430.467)	+	(205857.401 - 151678.625) )	/ 2 )
	=	4781.094	/	( (45220.9	+	54178.776)	/ 2 )
	=	4781.094	/	49699.838
	=	9.62 %

Risesun Real Estate Development Co'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-1750.568	/	( ( (190219.365 - 142483.981)	+	(182804.906 - 139048.452) )	/ 2 )
	=	-1750.568	/	( ( 47735.384	+	43756.454 )	/ 2 )
	=	-1750.568	/	45745.919
	=	-3.83 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Risesun Real Estate Development Co (SZSE:002146) 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.

Risesun Real Estate Development Co ROCE % Related Terms

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

Risesun Real Estate Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Risesun Real Estate Development Co Ltd (SZSE:002146) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Cheung Yun Road 81, Rongsheng Development Building, Langfang, CHN, 065000

Website

http://www.risesun.cn

Risesun Real Estate Development Co Ltd is a real estate development company based in China. The company is engaged in the development of residential buildings and architectural design. Its other business operations consist of property management, hotel management, commercial operation and investment management.

Executives

Bao Li Jie	Directors, executives
Geng Jian Ming	Director
Gu Yong Jun	Executives
Zou Jia Li	Supervisors
Zhang Xing Xing	Securities Affairs Representative
Liu Shan	Directors, executives
Jing Zhong Hua	Executives
Li Ai Hong	Supervisors
Yang Shao Min	Director
Li Wan Le	Directors, executives
Chen Jin Hai	Directors, executives
Feng Quan Yu	Directors, executives
Li Bing	Securities Affairs Representative
Geng Jian Fu	Director
Gao Xue Jun	Supervisors

Risesun Real Estate Development Co Headlines

No Headlines