Applied Development Holdings (HKSE:00519) ROCE % : -6.93% (As of Dec. 2023)

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What is Applied Development 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. Applied Development Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -6.93%.

Applied Development Holdings ROCE % Historical Data

The historical data trend for Applied Development 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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Applied Development Holdings ROCE % Chart

Applied Development Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-4.02

-18.86

-4.63

-14.69

-4.00

Applied Development 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															-6.41	-22.99	-4.87	-3.15	-6.93

Applied Development Holdings ROCE % Calculation

Applied Development Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-37.405	/	( ( (1436.359 - 462.761)	+	(1299.818 - 401.822) )	/ 2 )
	=	-37.405	/	( (973.598	+	897.996)	/ 2 )
	=	-37.405	/	935.797
	=	-4.00 %

Applied Development 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 )
	=	-61.946	/	( ( (1299.818 - 401.822)	+	(1279.627 - 388.79) )	/ 2 )
	=	-61.946	/	( ( 897.996	+	890.837 )	/ 2 )
	=	-61.946	/	894.4165
	=	-6.93 %

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

Applied Development Holdings (HKSE:00519) 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.

Applied Development Holdings ROCE % Related Terms

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Applied Development Holdings (HKSE:00519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Applied Development Holdings Ltd (HKSE:00519) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ADHLF:USA

Address

89 Queensway, Unit 2408A, 24th Floor, Tower 1, Lippo Centre, Hong Kong, HKG

Website

http://www.applieddev.com

Applied Development Holdings Ltd is an investment holding company. Its business activities are segmented as follows: Resort and Property Development segment which includes properties under development for commercial purposes; Property Investment segment includes mainly commercial properties that are held for capital appreciation or to earn rental income; and Investment Holding segment includes holding of unlisted investment fund, equity securities, debt instruments, equity-linked notes, and other assets. The majority of its revenue is derived from Resort and Property investment. The group's operations are principally located in Hong Kong, and the People's Republic of China, out of which the People's Republic of China contributes the vast majority of revenue.

Executives

Li Fuyi
Wu Zhanming
Ruixing Investments Limited	2101 Beneficial owner
Wu Zhanming	2101 Beneficial owner

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