Beijing Capital Grand (HKSE:01329) ROCE % : 3.59% (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Beijing Capital Grand 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. Beijing Capital Grand's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.59%.

Beijing Capital Grand ROCE % Historical Data

The historical data trend for Beijing Capital Grand'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.

Beijing Capital Grand ROCE % Chart

Beijing Capital Grand Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

2.99

1.59

2.99

0.14

2.79

Beijing Capital Grand Semi-Annual Data
	Mar14	Sep14	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															1.75	0.40	-0.12	2.01	3.59

Beijing Capital Grand ROCE % Calculation

Beijing Capital Grand'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 )
	=	415.046	/	( ( (22122.446 - 4371.593)	+	(19612.813 - 7575.718) )	/ 2 )
	=	415.046	/	( (17750.853	+	12037.095)	/ 2 )
	=	415.046	/	14893.974
	=	2.79 %

Beijing Capital Grand'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 )
	=	495.828	/	( ( (23309.893 - 7722.808)	+	(19612.813 - 7575.718) )	/ 2 )
	=	495.828	/	( ( 15587.085	+	12037.095 )	/ 2 )
	=	495.828	/	13812.09
	=	3.59 %

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

Beijing Capital Grand (HKSE:01329) 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.

Beijing Capital Grand ROCE % Related Terms

Thank you for viewing the detailed overview of Beijing Capital Grand's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Beijing Capital Grand (HKSE:01329) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Beijing Capital Grand Ltd (HKSE:01329) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 8 North 3rd Ring East Road, West Area, 7th Floor, Jing An Centre, Chaoyang District, Beijing, CHN

Website

https://www.bcgrand.com

Beijing Capital Grand Ltd is a commercial property developer in China property market. It is engaged in the development of outlets-backed integrated property and commercial property development and operations. The company segments namely Property development, Investment property development and operation, Sale of merchandise inventories, and other segments. The segment of Investment property development and operation, which is the key revenue contributor, derives revenue from rental income.

Beijing Capital Grand (HKSE:01329) Headlines

No Headlines