Sunshine 100 China Holdings (HKSE:02608) ROCE % : -14.64% (As of Dec. 2023)

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What is Sunshine 100 China Holdings 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. Sunshine 100 China Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -14.64%.

Sunshine 100 China Holdings ROCE % Historical Data

The historical data trend for Sunshine 100 China Holdings'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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Sunshine 100 China Holdings ROCE % Chart

Sunshine 100 China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.09

8.85

-11.23

-12.95

-10.11

Sunshine 100 China Holdings 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															-24.58	-1.71	-28.85	-7.42	-14.64

Sunshine 100 China Holdings ROCE % Calculation

Sunshine 100 China Holdings'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 )
	=	-952.245	/	( ( (58496.989 - 48240.062)	+	(55598.715 - 47018.154) )	/ 2 )
	=	-952.245	/	( (10256.927	+	8580.561)	/ 2 )
	=	-952.245	/	9418.744
	=	-10.11 %

Sunshine 100 China Holdings'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 )
	=	-1222.342	/	( ( (57045.827 - 48924.382)	+	(55598.715 - 47018.154) )	/ 2 )
	=	-1222.342	/	( ( 8121.445	+	8580.561 )	/ 2 )
	=	-1222.342	/	8351.003
	=	-14.64 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Sunshine 100 China Holdings (HKSE:02608) 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.

Sunshine 100 China Holdings ROCE % Related Terms

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Sunshine 100 China Holdings (HKSE:02608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunshine 100 China Holdings Ltd (HKSE:02608) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 2 Guang Hua Road, 12th Floor, Tower D, Beijing, CHN, 100026

Website

http://www.ss100.com.cn

Sunshine 100 China Holdings Ltd engages in property and land development, property investment, and property management & hotel operation in China. The group generates revenue through property sales, property management and hotel operation income, and rental income. The property and land development business earns sales from residential and commercial properties and constructs projects in multiple Chinese cities. A majority of the company's revenue is derived from the mixed-use business complexes segment. Nearly all the company's revenue comes from its customers in the People's Republic of China.

Executives

Fantasy Races Limited	2201 Interest of corporation controlled by you
Tian Feng	2401 A concert party to an agreement to buy shares
Li Mingqiang	2401 A concert party to an agreement to buy shares
Jin Xiangfei	2401 A concert party to an agreement to buy shares
Liu Chaohui	2401 A concert party to an agreement to buy shares
Yi Xiaodi	2307 Founder of a discretionary trust who can infl
Fan Xiaohua	2307 Founder of a discretionary trust who can infl
Fan Xiaochong	2307 Founder of a discretionary trust who can infl
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Qian Tiwei	2201 Interest of corporation controlled by you

Sunshine 100 China Holdings (HKSE:02608) Headlines

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