Sansiri PCL (BKK:SIRI) ROCE % : 6.36% (As of Mar. 2024)

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What is Sansiri PCL 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. Sansiri PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.36%.

Sansiri PCL ROCE % Historical Data

The historical data trend for Sansiri PCL'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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Sansiri PCL ROCE % Chart

Sansiri PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.24

3.95

4.77

7.23

8.40

Sansiri PCL 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															8.95	8.12	7.58	6.62	6.36

Sansiri PCL ROCE % Calculation

Sansiri PCL'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 )
	=	7860.031	/	( ( (127451.468 - 42316.262)	+	(147303.352 - 45403.992) )	/ 2 )
	=	7860.031	/	( (85135.206	+	101899.36)	/ 2 )
	=	7860.031	/	93517.283
	=	8.40 %

Sansiri PCL'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 )
	=	6588.148	/	( ( (147303.352 - 45403.992)	+	(153267.544 - 47938.569) )	/ 2 )
	=	6588.148	/	( ( 101899.36	+	105328.975 )	/ 2 )
	=	6588.148	/	103614.1675
	=	6.36 %

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

Sansiri PCL (BKK:SIRI) 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.

Sansiri PCL ROCE % Related Terms

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Sansiri PCL (BKK:SIRI) Business Description

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SIRI-F:Thailand

Address

59 Soi Rim Khlong Phra Khanong, Siri Campus Building, Phra Kranong Nuea Sub-district, Vadhana District, Bangkok, THA, 10110

Website

https://www.sansiri.com

Sansiri PCL is s principally engaged in property development. The company generates nearly all of its revenue from project sales via its property development business segment, which consists of land and housing projects, residential projects, serviced apartments, and office buildings for rent. The remaining revenue comes from the provision of building management services, hotel management, and Other business segment consisting of hotel and education businesses. Sansiri operates a precast factory for precast construction as well. The company also operates Sansiri Global Investment, its international branch, which sells and leases property in the United Kingdom.