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Sapphire (SGX:BRD) ROCE % : 1.60% (As of Dec. 2023)


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What is Sapphire 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. Sapphire's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.60%.

Sapphire ROCE % Historical Data

The historical data trend for Sapphire'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.

Sapphire ROCE % Chart

Sapphire 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 -2.03 0.14 5.69 4.17 1.85

Sapphire 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 9.04 3.72 4.89 2.24 1.60

Sapphire ROCE % Calculation

Sapphire'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 )
=2.354/( ( (151.407 - 13.721) + (134.949 - 17.696) )/ 2 )
=2.354/( (137.686+117.253)/ 2 )
=2.354/127.4695
=1.85 %

Sapphire'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 )
=1.878/( ( (129.782 - 12.589) + (134.949 - 17.696) )/ 2 )
=1.878/( ( 117.193 + 117.253 )/ 2 )
=1.878/117.223
=1.60 %

(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.

Sapphire  (SGX:BRD) 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.

Sapphire ROCE % Related Terms

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Sapphire (SGX:BRD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sapphire Corp Ltd (SGX:BRD) » Definitions » ROCE %
Comparable Companies
SGX:5G9 SGX:MF6 SGX:1B6 SGX:5VC SGX:554 SGX:C06 SGX:KUX SGX:41B SGX:BBP SGX:Y06 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
3 Shenton Way, No. 25-05 Shenton House, Singapore, SGP, 068805
Website
http://www.sapphirecorp.com.sg
Sapphire Corp Ltd is an is an investment management and holding company. It operates through a business segment that is Infrastructure, which includes design, civil engineering, and construction for land transport infrastructure,exore, expressways, roads, and bridges for township development and urbanization projects. The company derives revenue from Construction contracts, Rendering of services, and Sale of Goods. Geographically, it generates the majority revenue from China and also has a presence in Singapore, Bangladesh, India, and Sri Lanka.