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Better Life Group (TPE:1805) ROCE % : 11.50% (As of Sep. 2024)


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What is Better Life Group 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. Better Life Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.50%.


Better Life Group ROCE % Historical Data

The historical data trend for Better Life Group'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.

Better Life Group ROCE % Chart

Better Life Group 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 -8.13 -7.17 -2.15 -9.45 -9.39

Better Life Group 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 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 2.74 -31.32 11.01 20.70 11.50

Better Life Group ROCE % Calculation

Better Life Group'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 )
=-84.334/( ( (1423.984 - 490.206) + (1537.732 - 676.183) )/ 2 )
=-84.334/( (933.778+861.549)/ 2 )
=-84.334/897.6635
=-9.39 %

Better Life Group'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 )
=107.192/( ( (1654.093 - 775.291) + (2133.815 - 1148.716) )/ 2 )
=107.192/( ( 878.802 + 985.099 )/ 2 )
=107.192/931.9505
=11.50 %

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


Better Life Group  (TPE:1805) 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.


Better Life Group ROCE % Related Terms

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Better Life Group Business Description

Traded in Other Exchanges
N/A
Address
No. 303, Xinhu 1st Road, 4th Floor, Neihu District, Taipei City, TWN
Better Life Group operates a business is to contract construction companies to build public housing projects and commercial buildings for lease out and sale. The company has two reporting segments which are the Construction Department: which includes the development, construction, letting and sale of residential and other properties and the Real Estate Agency Department includes third-party marketing services for leasing and sale of residential properties and the majority of revenues are generated from Construction segment.

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