KRP Development Holdings (HKSE:02421) ROCE % : 11.57% (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is KRP 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. KRP Development Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 11.57%.

KRP Development Holdings ROCE % Historical Data

The historical data trend for KRP 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.

* Premium members only.

KRP Development Holdings ROCE % Chart

KRP Development Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

46.58

56.52

76.00

54.13

KRP Development Holdings Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial			72.65	77.55	80.51	29.78	11.57

KRP Development Holdings ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	518.862	/	( ( (2435.392 - 1486.053)	+	(1722.724 - 754.909) )	/ 2 )
	=	518.862	/	( (949.339	+	967.815)	/ 2 )
	=	518.862	/	958.577
	=	54.13 %

KRP Development Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	109.054	/	( ( (1722.724 - 754.909)	+	(1565.467 - 648.386) )	/ 2 )
	=	109.054	/	( ( 967.815	+	917.081 )	/ 2 )
	=	109.054	/	942.448
	=	11.57 %

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

KRP Development Holdings (HKSE:02421) 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.

KRP Development Holdings ROCE % Related Terms

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

KRP Development Holdings (HKSE:02421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KRP Development Holdings Ltd (HKSE:02421) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

611–619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.krpd.com.hk

KRP Development Holdings Ltd is a boutique residential property developer, It is principally engaged in development and sales of residential properties in the fast-developing residential markets in Dongguan, Huizhou and Foshan. It has developed two product series for homebuyers, namely, Villas series, targeting middle income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.

Executives

Tmf (b.v.i.) Ltd.	2201 Interest of corporation controlled by you
New Sense Enterprises Limited	2101 Beneficial owner
Castfast Properties Development Co., Limited	2101 Beneficial owner
Honford Investments Limited	2201 Interest of corporation controlled by you
The Wedding City Co. Limited	2101 Beneficial owner
Ho Cheuk Fai	2201 Interest of corporation controlled by you
Ho Po Chu	2201 Interest of corporation controlled by you
Ho Cheuk Ming	2201 Interest of corporation controlled by you

KRP Development Holdings (HKSE:02421) Headlines

No Headlines