Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (BKK:QHHR) ROCE % : 4.30% (As of Mar. 2024)

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What is Quality Houses Hotel and Residence Freehold and Leasehold Property Fund 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. Quality Houses Hotel and Residence Freehold and Leasehold Property Fund's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.30%.

Quality Houses Hotel and Residence Freehold and Leasehold Property Fund ROCE % Historical Data

The historical data trend for Quality Houses Hotel and Residence Freehold and Leasehold Property Fund'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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Quality Houses Hotel and Residence Freehold and Leasehold Property Fund ROCE % Chart

Quality Houses Hotel and Residence Freehold and Leasehold Property Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.06

3.00

0.60

-3.71

0.21

Quality Houses Hotel and Residence Freehold and Leasehold Property Fund Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-1.29	2.94	-2.49	1.70	4.30

Quality Houses Hotel and Residence Freehold and Leasehold Property Fund ROCE % Calculation

Quality Houses Hotel and Residence Freehold and Leasehold Property Fund'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 )
	=	9.379	/	( ( (4474.56 - 7.518)	+	(4392.043 - 6.368) )	/ 2 )
	=	9.379	/	( (4467.042	+	4385.675)	/ 2 )
	=	9.379	/	4426.3585
	=	0.21 %

Quality Houses Hotel and Residence Freehold and Leasehold Property Fund's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	188.364	/	( ( (4392.043 - 6.368)	+	(4386.337 - 3.378) )	/ 2 )
	=	188.364	/	( ( 4385.675	+	4382.959 )	/ 2 )
	=	188.364	/	4384.317
	=	4.30 %

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

Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (BKK:QHHR) 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.

Quality Houses Hotel and Residence Freehold and Leasehold Property Fund ROCE % Related Terms

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Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (BKK:QHHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (BKK:QHHR) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

South Sathon Road, 11 Q.House Sathon Building, 14th Floor, Thungmahamek Sathon, Bangkok, THA, 10120

Website

https://www.qhhr-pf.com

Quality Houses Hotel and Residence Freehold and Leasehold Property Fund is a closed-end property fund. The fund assembles money from general investors with the objective of purchasing and/or taking on leasing and/or subleasing of immovable properties and/or accepting the transfer of leasehold rights of immovable properties and/or the transfer of sub-leasehold rights of immovable properties such as hotel and serviced apartment. All the revenue for the company is derived from renting immovable properties. Geographically, it operates in Thailand. The Fund has invested in freehold right on Centre Point Hotel and Residence Petchburi Project, Centre Point Hotel and Residence Sukhumvit Project and has invested in leasehold right on Centre Point Hotel and Residence Langsuan Project.

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