GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yanlord Land Group Ltd (OTCPK:YLDGY) » Definitions » ROCE %

Yanlord Land Group (Yanlord Land Group) ROCE % : 2.36% (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Yanlord Land 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. Yanlord Land Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.36%.


Yanlord Land Group ROCE % Historical Data

The historical data trend for Yanlord Land 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.

Yanlord Land Group ROCE % Chart

Yanlord Land 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 13.58 11.82 10.83 7.71 5.61

Yanlord Land Group 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 13.46 8.59 6.79 8.79 2.36

Yanlord Land Group ROCE % Calculation

Yanlord Land 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 )
=609.138/( ( (27119.044 - 15711.508) + (21670.877 - 11358.022) )/ 2 )
=609.138/( (11407.536+10312.855)/ 2 )
=609.138/10860.1955
=5.61 %

Yanlord Land Group'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 )
=247.362/( ( (25811.489 - 15193.847) + (21670.877 - 11358.022) )/ 2 )
=247.362/( ( 10617.642 + 10312.855 )/ 2 )
=247.362/10465.2485
=2.36 %

(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.


Yanlord Land Group  (OTCPK:YLDGY) 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.


Yanlord Land Group ROCE % Related Terms

Thank you for viewing the detailed overview of Yanlord Land Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Yanlord Land Group (Yanlord Land Group) Business Description

Traded in Other Exchanges
Address
9 Temasek Boulevard, No. 36-02 Suntec Tower Two, Singapore, SGP, 038989
Yanlord Land Group Ltd develops properties for sale or rental. The company's segment includes Property development; Property investment and hotel operations; Property management and others. It generates maximum revenue from the Property development segment. The Property development segment includes the development of residential, commercial, and other properties. Geographically, it derives a majority of its revenue from PRC.

Yanlord Land Group (Yanlord Land Group) Headlines

No Headlines