Prince Housing & Development (TPE:2511) ROCE % : 2.35% (As of Dec. 2024)

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What is Prince Housing & Development 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. Prince Housing & Development's annualized ROCE % for the quarter that ended in Dec. 2024 was 2.35%.

Prince Housing & Development ROCE % Historical Data

The historical data trend for Prince Housing & Development'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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Prince Housing & Development ROCE % Chart

Prince Housing & Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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2.50

4.28

4.83

2.71

1.67

Prince Housing & Development Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															3.37	2.27	0.17	2.00	2.35

Prince Housing & Development ROCE % Calculation

Prince Housing & Development'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 )
	=	702.805	/	( ( (46250.852 - 4415.529)	+	(46582.966 - 4245.014) )	/ 2 )
	=	702.805	/	( (41835.323	+	42337.952)	/ 2 )
	=	702.805	/	42086.6375
	=	1.67 %

Prince Housing & Development'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: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	977.856	/	( ( (44784.157 - 4017.536)	+	(46582.966 - 4245.014) )	/ 2 )
	=	977.856	/	( ( 40766.621	+	42337.952 )	/ 2 )
	=	977.856	/	41552.2865
	=	2.35 %

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

Prince Housing & Development (TPE:2511) 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.

Prince Housing & Development ROCE % Related Terms

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Prince Housing & Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prince Housing & Development Corp (TPE:2511) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 398, Zhonghua East Road, 8th Floor, Sector 1, East District, Tainan, TWN, 701

Website

https://www.prince.com.tw

Prince Housing & Development Corp is a Taiwan-based real estate developer and builder with its principal business in the construction, leasing, and sale of public housing, commercial buildings, recreation places, hotels, industrial parks, indoor sports, and parking lots, and leasing and sale of real estate. The company operates in three segments; Construction, Hotel, and Others.

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