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BCG Land JSC (HSTC:BCR) ROC % : -1.66% (As of Dec. 2024)


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What is BCG Land JSC ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. BCG Land JSC's annualized return on capital (ROC %) for the quarter that ended in Dec. 2024 was -1.66%.

As of today (2025-03-24), BCG Land JSC's WACC % is 7.26%. BCG Land JSC's ROC % is -0.41% (calculated using TTM income statement data). BCG Land JSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.


BCG Land JSC ROC % Historical Data

The historical data trend for BCG Land JSC's ROC % 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.

BCG Land JSC ROC % Chart

BCG Land JSC Annual Data
Trend Dec22 Dec23 Dec24
ROC %
0.47 0.68 -0.27

BCG Land JSC Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROC % Get a 7-Day Free Trial Premium Member Only 0.58 -0.18 -0.34 0.53 -1.66

BCG Land JSC ROC % Calculation

BCG Land JSC's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2024 is calculated as:

ROC % (A: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2023 ) + Invested Capital (A: Dec. 2024 ))/ count )
=-38456.957 * ( 1 - 15.63% )/( (11347563.696 + 12489972.711)/ 2 )
=-32446.1346209/11918768.2035
=-0.27 %

where

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12020236.632 - 618109.001 - ( 54563.935 - max(0, 2518052.751 - 5240469.636+54563.935))
=11347563.696

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=13319200.937 - 771363.966 - ( 57864.26 - max(0, 2830126.603 - 4997023.205+57864.26))
=12489972.711

BCG Land JSC's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-229916.34 * ( 1 - 9.07% )/( (12671623.738 + 12489972.711)/ 2 )
=-209062.927962/12580798.2245
=-1.66 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=13321011.509 - 616170.127 - ( 33217.644 - max(0, 2533173.615 - 5230551.923+33217.644))
=12671623.738

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=13319200.937 - 771363.966 - ( 57864.26 - max(0, 2830126.603 - 4997023.205+57864.26))
=12489972.711

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) 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.


BCG Land JSC  (HSTC:BCR) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, BCG Land JSC's WACC % is 7.26%. BCG Land JSC's ROC % is -0.41% (calculated using TTM income statement data). BCG Land JSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


BCG Land JSC ROC % Related Terms

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BCG Land JSC Business Description

Traded in Other Exchanges
N/A
Address
No. 22A, Street 7, An Phu Ward, Thu Duc, Ho Chi Minh, VNM
BCG Land JSC is a company engaged in investing in real estate segments from high-end to luxury with a diverse project portfolio, possessing prime locations in the City. Its activity comprises of preparing the premises, construction of other civil engineering works, construction of railway works, construction of houses for living, and construction of houses not for residential purposes.

BCG Land JSC Headlines

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