DreamEast Group (HKSE:00593) ROCE % : 0.00% (As of Jun. 2023)

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What is DreamEast Group 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. DreamEast Group's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.

DreamEast Group ROCE % Historical Data

The historical data trend for DreamEast Group'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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DreamEast Group ROCE % Chart

DreamEast Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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6.00

-0.53

-54.79

-20.20

-305.51

DreamEast Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															-25.15	-17.22	77.18	-1,190.07	-

DreamEast Group ROCE % Calculation

DreamEast Group's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-529.687	/	( ( (9160.074 - 8429.483)	+	(7782.951 - 8166.786) )	/ 2 )
	=	-529.687	/	( (730.591	+	-383.835)	/ 2 )
	=	-529.687	/	173.378
	=	-305.51 %

DreamEast Group's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-181.182	/	( ( (7782.951 - 8166.786)	+	(6947.11 - 7677.363) )	/ 2 )
	=	-181.182	/	( ( -383.835	+	-730.253 )	/ 2 )
	=	-181.182	/	-557.044
	=	0 %

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

DreamEast Group (HKSE:00593) 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.

DreamEast Group ROCE % Related Terms

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DreamEast Group (HKSE:00593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » DreamEast Group Ltd (HKSE:00593) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Matheson Street, Suite 2901, Tower Two, Times Square, Hong Kong, HKG

Website

http://www.dreameast.com

DreamEast Group Ltd is engaged in tourism resorts and property development business. The company has two reportable segments namely Property development and leasing; and Tourism Park operations. The property development and leasing segment is engaged in property sales and leases to customers in property market. The tourism park operations segment is engaged in operation of theme parks and provision of food and beverage services in the theme parks. It generates maximum revenue from the Property development and leasing segment. Geographically, it derives the majority of revenue from PRC.

Executives

Billion Shine International Investment Limited	2201 Interest of corporation controlled by you
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Chung Chi Man	2201 Interest of corporation controlled by you
Lee Yin Har	2202 Interest of your spouse
Kuok Lam Lam	2101 Beneficial owner
Lei Heng Lit	2202 Interest of your spouse
Innovax Holdings Limited	2201 Interest of corporation controlled by you
Lai Kar Yan (in The Capacity As A Receiver)	2501 Other
Yeung Lui Ming (in The Capacity As The Receiver)	2501 Other
Central Huijin Investment Ltd.	2106 Person having a security interest in shares
China Construction Bank Corporation	2106 Person having a security interest in shares
Lei Weng Sam	2101 Beneficial owner
Knowledge Silicon Valley Limited	2201 Interest of corporation controlled by you
Sheng Bang Holdings Limited	2201 Interest of corporation controlled by you
Skyocean Investment Holdings Limited	2101 Beneficial owner

DreamEast Group (HKSE:00593) Headlines

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