Overseas Chinese Town (Asia) Holdings (HKSE:03366) ROCE % : -1.53% (As of Dec. 2023)

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What is Overseas Chinese Town (Asia) 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. Overseas Chinese Town (Asia) Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.53%.

Overseas Chinese Town (Asia) Holdings ROCE % Historical Data

The historical data trend for Overseas Chinese Town (Asia) 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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Overseas Chinese Town (Asia) Holdings ROCE % Chart

Overseas Chinese Town (Asia) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.13

1.34

-3.90

-11.93

-2.01

Overseas Chinese Town (Asia) 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															-8.40	-0.86	-24.38	-2.95	-1.53

Overseas Chinese Town (Asia) Holdings ROCE % Calculation

Overseas Chinese Town (Asia) 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 )
	=	-261.007	/	( ( (25434.338 - 11588.992)	+	(25082.105 - 13000.066) )	/ 2 )
	=	-261.007	/	( (13845.346	+	12082.039)	/ 2 )
	=	-261.007	/	12963.6925
	=	-2.01 %

Overseas Chinese Town (Asia) 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 )
	=	-169.634	/	( ( (26350.192 - 16309.787)	+	(25082.105 - 13000.066) )	/ 2 )
	=	-169.634	/	( ( 10040.405	+	12082.039 )	/ 2 )
	=	-169.634	/	11061.222
	=	-1.53 %

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

Overseas Chinese Town (Asia) Holdings (HKSE:03366) 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.

Overseas Chinese Town (Asia) Holdings ROCE % Related Terms

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Overseas Chinese Town (Asia) Holdings (HKSE:03366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Overseas Chinese Town (Asia) Holdings Ltd (HKSE:03366) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

1 Garden Road, 59th Floor, Bank of China Tower, Hong Kong, HKG

Website

https://www.oct-asia.com

Overseas Chinese Town (Asia) Holdings Ltd is an investment holding company. It operates its business through three segments. The Comprehensive Development Business segment which drives the majority of revenue is engaged in the development and operation of the tourism theme park, the development, and sales of residential properties, and the development and management of properties; Equity investment and fund business segment engage in the investment in new urbanization industrial ecospheres, such as domestic and overseas direct investments, industrial funds, and education. The Finance lease business segment engages in the finance lease business. It generates the majority of its revenue from Mainland China.

Executives

Pacific Climax Limited	2101 Beneficial owner
Shen Zhen Hua Qiao Cheng Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Hua Qiao Cheng Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Hua Qiao Cheng You Xian Gong Si	2201 Interest of corporation controlled by you

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