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C&D Property Management Group Co (HKSE:02156) ROCE % : 53.90% (As of Dec. 2023)


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What is C&D Property Management Group Co 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. C&D Property Management Group Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 53.90%.


C&D Property Management Group Co ROCE % Historical Data

The historical data trend for C&D Property Management Group Co'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.

C&D Property Management Group Co ROCE % Chart

C&D Property Management Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 13.61 24.90 28.14 20.54 40.07

C&D Property Management Group Co Semi-Annual Data
Dec17 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 26.58 24.82 17.98 27.02 53.90

C&D Property Management Group Co ROCE % Calculation

C&D Property Management Group Co'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 )
=707.041/( ( (3692.499 - 2239.528) + (4159.835 - 2084.009) )/ 2 )
=707.041/( (1452.971+2075.826)/ 2 )
=707.041/1764.3985
=40.07 %

C&D Property Management Group Co'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 )
=997.996/( ( (4058.713 - 2431.477) + (4159.835 - 2084.009) )/ 2 )
=997.996/( ( 1627.236 + 2075.826 )/ 2 )
=997.996/1851.531
=53.90 %

(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.


C&D Property Management Group Co  (HKSE:02156) 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.


C&D Property Management Group Co ROCE % Related Terms

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C&D Property Management Group Co (HKSE:02156) Business Description

Traded in Other Exchanges
N/A
Address
No.1699 Huandao East Road, Unit 703, 7th Floor, C&D International Building, Xiamen, CHN
C&D Property Management Group Co Ltd is an investment holding company with its subsidiaries engaged in providing property management services, community and synergy services, and services to non-property owners in the People's Republic of China.
Executives
Sha Men Jian Fa Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Jian Fa Fang Di Chan Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Yi Neng Guo Ji You Xian Gong Si 2101 Beneficial owner
Yi Hong Guo Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Jian Fa Guo Ji Tou Zi Ji Tuan You Xian Gong Si 2501 Other
Sha Men Jian Fa Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Li Richard 2201 Interest of corporation controlled by you
Olp Capital Management Limited 2102 Investment manager
Rcwl Inc. 2201 Interest of corporation controlled by you
Shen Di Fan 2201 Interest of corporation controlled by you
Cederberg Capital (cayman) 2201 Interest of corporation controlled by you
Cederberg Capital (cayman) Gp 2201 Interest of corporation controlled by you
Krige Dawid 2201 Interest of corporation controlled by you
Bowie Krige Michelle Beatrice Wright 2201 Interest of corporation controlled by you

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