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Gemdale Properties and Investment (HKSE:00535) ROCE % : 6.97% (As of Dec. 2023)


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What is Gemdale Properties and Investment 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. Gemdale Properties and Investment's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.97%.


Gemdale Properties and Investment ROCE % Historical Data

The historical data trend for Gemdale Properties and Investment'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.

Gemdale Properties and Investment ROCE % Chart

Gemdale Properties and Investment 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 34.49 24.06 15.63 9.10 6.03

Gemdale Properties and Investment 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 20.12 8.58 9.76 4.96 6.97

Gemdale Properties and Investment ROCE % Calculation

Gemdale Properties and Investment'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 )
=3413.87/( ( (96075.983 - 38834.849) + (99641.514 - 43582.384) )/ 2 )
=3413.87/( (57241.134+56059.13)/ 2 )
=3413.87/56650.132
=6.03 %

Gemdale Properties and Investment'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 )
=3971.944/( ( (110220.197 - 52271.804) + (99641.514 - 43582.384) )/ 2 )
=3971.944/( ( 57948.393 + 56059.13 )/ 2 )
=3971.944/57003.7615
=6.97 %

(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.


Gemdale Properties and Investment  (HKSE:00535) 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.


Gemdale Properties and Investment ROCE % Related Terms

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Gemdale Properties and Investment (HKSE:00535) Business Description

Traded in Other Exchanges
N/A
Address
28 Queen’s Road Central, 19th Floor, Central Tower, Central, Hong Kong, HKG
Gemdale Properties and Investment Corp Ltd is an investment holding company that operates through four segments. The property development segment, which produces the company's revenue, develops and sells residential and commercial properties. The property investment and management segment invests and manages business parks and commercial properties. In the microfinance segment, Gemdale provides financial services to potential property buyers and small businesses. The corporate segment provides corporate management services to residential, commercial, and business park projects. The company generates almost all of its revenue from Mainland China.
Executives
Gemdale Corporation 2201 Interest of corporation controlled by you
Lippo Capital Group Limited 2201 Interest of corporation controlled by you
Riady Stephen 2201 Interest of corporation controlled by you
Leonardi Shincee 2202 Interest of your spouse
Riady James Tjahaja 2201 Interest of corporation controlled by you
Pt Trijaya Utama Mandiri 2201 Interest of corporation controlled by you
Oue Limited 2201 Interest of corporation controlled by you
Lippo Limited 2201 Interest of corporation controlled by you
Lippo Capital Limited 2201 Interest of corporation controlled by you
Lippo Capital Holdings Company Limited 2201 Interest of corporation controlled by you
Lippo Asm Asia Property Limited 2201 Interest of corporation controlled by you
Hongkong Chinese Limited 2201 Interest of corporation controlled by you
Hambali Aileen 2202 Interest of your spouse
Fortune Crane Limited 2201 Interest of corporation controlled by you
Chan Kin 2201 Interest of corporation controlled by you

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