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Petrolimex Construction 1 JSC Group (HSTC:PCC) ROC % : 0.00% (As of . 20)


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What is Petrolimex Construction 1 JSC Group 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 %. Petrolimex Construction 1 JSC Group's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2024-12-12), Petrolimex Construction 1 JSC Group's WACC % is 0.00%. Petrolimex Construction 1 JSC Group's ROC % is 0.00% (calculated using TTM income statement data). Petrolimex Construction 1 JSC Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Petrolimex Construction 1 JSC Group ROC % Historical Data

The historical data trend for Petrolimex Construction 1 JSC Group'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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Petrolimex Construction 1 JSC Group ROC % Chart

Petrolimex Construction 1 JSC Group Annual Data
Trend
ROC %

Petrolimex Construction 1 JSC Group Semi-Annual Data
ROC %

Petrolimex Construction 1 JSC Group ROC % Calculation

Petrolimex Construction 1 JSC Group'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

Petrolimex Construction 1 JSC Group'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

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.


Petrolimex Construction 1 JSC Group  (HSTC:PCC) 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, Petrolimex Construction 1 JSC Group's WACC % is 0.00%. Petrolimex Construction 1 JSC Group's ROC % is 0.00% (calculated using TTM income statement data). Petrolimex Construction 1 JSC Group 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.


Petrolimex Construction 1 JSC Group ROC % Related Terms

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Petrolimex Construction 1 JSC Group Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 550-552, Nguyen Van Cu, Gia Thuy Ward, Long Bien District, Hanoi, VNM
Petrolimex Construction 1 JSC Group mainly operates in the fields of construction and installation of pipelines, tanks for storing petroleum, gas, chemicals; construction of civil and industrial works; structural concrete production, and others.

Petrolimex Construction 1 JSC Group Headlines

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