Cosmopolitan International Holdings (HKSE:00120) ROCE % : -19.39% (As of Dec. 2023)

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What is Cosmopolitan International 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. Cosmopolitan International Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -19.39%.

Cosmopolitan International Holdings ROCE % Historical Data

The historical data trend for Cosmopolitan International 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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Cosmopolitan International Holdings ROCE % Chart

Cosmopolitan International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.45

-0.38

14.61

8.04

-11.35

Cosmopolitan International 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															26.73	19.05	-2.96	-2.28	-19.39

Cosmopolitan International Holdings ROCE % Calculation

Cosmopolitan International 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 )
	=	-247.9	/	( ( (4000.5 - 1518.6)	+	(3987.6 - 2100.8) )	/ 2 )
	=	-247.9	/	( (2481.9	+	1886.8)	/ 2 )
	=	-247.9	/	2184.35
	=	-11.35 %

Cosmopolitan International 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 )
	=	-437.6	/	( ( (3982.5 - 1355.2)	+	(3987.6 - 2100.8) )	/ 2 )
	=	-437.6	/	( ( 2627.3	+	1886.8 )	/ 2 )
	=	-437.6	/	2257.05
	=	-19.39 %

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

Cosmopolitan International Holdings (HKSE:00120) 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.

Cosmopolitan International Holdings ROCE % Related Terms

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Cosmopolitan International Holdings (HKSE:00120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cosmopolitan International Holdings Ltd (HKSE:00120) » Definitions » ROCE %

Traded in Other Exchanges

02920:Hong Kong

Address

68 Yee Wo Street, 11th Floor, Causeway Bay, Hong Kong, HKG

Website

https://www.cosmoholdings.com

Cosmopolitan International Holdings Ltd is a real estate company. The company's operating segment includes Property development and investment and Financial assets investments. It generates maximum revenue from the property development and investment segment which comprises the development and sale of properties as well as the leasing of properties. Geographically, it derives a majority of its revenue from Mainland China.

Cosmopolitan International Holdings (HKSE:00120) Headlines

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