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Viglacera Dapcau Sheet Glass JSC (HSTC:DSG) ROC % : 0.00% (As of . 20)


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What is Viglacera Dapcau Sheet Glass 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 %. Viglacera Dapcau Sheet Glass JSC's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2024-06-14), Viglacera Dapcau Sheet Glass JSC's WACC % is 0.00%. Viglacera Dapcau Sheet Glass JSC's ROC % is 0.00% (calculated using TTM income statement data). Viglacera Dapcau Sheet Glass JSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Viglacera Dapcau Sheet Glass JSC ROC % Historical Data

The historical data trend for Viglacera Dapcau Sheet Glass 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.

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Viglacera Dapcau Sheet Glass JSC ROC % Chart

Viglacera Dapcau Sheet Glass JSC Annual Data
Trend
ROC %

Viglacera Dapcau Sheet Glass JSC Semi-Annual Data
ROC %

Viglacera Dapcau Sheet Glass JSC ROC % Calculation

Viglacera Dapcau Sheet Glass JSC's annualized Return on Capital (ROC %) for the fiscal year that ended in . 20 is calculated as:

ROC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(A: . 20 )
=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))
= - - ( - max(0, - +))
=

Invested Capital(A: . 20 )
=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))
= - - ( - max(0, - +))
=

Viglacera Dapcau Sheet Glass JSC's annualized Return on Capital (ROC %) for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is one times the annual (. 20) 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.

Viglacera Dapcau Sheet Glass JSC  (HSTC:DSG) 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, Viglacera Dapcau Sheet Glass JSC's WACC % is 0.00%. Viglacera Dapcau Sheet Glass JSC's ROC % is 0.00% (calculated using TTM income statement data). Viglacera Dapcau Sheet Glass 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.

Viglacera Dapcau Sheet Glass JSC ROC % Related Terms

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Viglacera Dapcau Sheet Glass JSC (HSTC:DSG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Viglacera Dapcau Sheet Glass JSC (HSTC:DSG) » Definitions » ROC %
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Traded in Other Exchanges
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Address
Vu Ninh ward, Bac Ninh province, Bac Ninh, VNM
Website
http://www.kinhdapcau.vn
Viglacera Dapcau Sheet Glass JSC is engaged in manufacturing and trading of rolled glass, laminated glass, safety tempered glass, opaque glass, mirror, grinding glass, and insulating glass.

Viglacera Dapcau Sheet Glass JSC (HSTC:DSG) Headlines