Sino-Thai Engineering and Construction PCL (BKK:STEC-F) ROCE % : 1.78% (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Sino-Thai Engineering and Construction PCL 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. Sino-Thai Engineering and Construction PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.78%.

Sino-Thai Engineering and Construction PCL ROCE % Historical Data

The historical data trend for Sino-Thai Engineering and Construction PCL'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.

Sino-Thai Engineering and Construction PCL ROCE % Chart

Sino-Thai Engineering and Construction PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

12.28

7.92

4.82

4.91

3.09

Sino-Thai Engineering and Construction PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															3.79	2.76	3.44	2.35	1.78

Sino-Thai Engineering and Construction PCL ROCE % Calculation

Sino-Thai Engineering and Construction PCL'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 )
	=	680.385	/	( ( (50789.589 - 27472.23)	+	(47449.44 - 26697.609) )	/ 2 )
	=	680.385	/	( (23317.359	+	20751.831)	/ 2 )
	=	680.385	/	22034.595
	=	3.09 %

Sino-Thai Engineering and Construction PCL's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	365.808	/	( ( (47449.44 - 26697.609)	+	(47927.846 - 27509.912) )	/ 2 )
	=	365.808	/	( ( 20751.831	+	20417.934 )	/ 2 )
	=	365.808	/	20584.8825
	=	1.78 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Sino-Thai Engineering and Construction PCL (BKK:STEC-F) 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.

Sino-Thai Engineering and Construction PCL ROCE % Related Terms

Thank you for viewing the detailed overview of Sino-Thai Engineering and Construction PCL's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sino-Thai Engineering and Construction PCL (BKK:STEC-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sino-Thai Engineering and Construction PCL (BKK:STEC-F) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

STEC:Thailand

Address

Sukhumvit 21 Road, Asoke Road, 32/59-32/60, Sino-Thai Tower, Klongtoey-Nua, Wattana, Bangkok, THA, 10110

Website

https://www.stecon.co.th

Sino-Thai Engineering and Construction PCL are principally engaged in the provision of construction services. The operations of the company and its subsidiaries principally involve construction contracting, office building rental, machinery and construction equipment rental, and property development. The company generates the majority of its sales from the Thailand domestic market.

Sino-Thai Engineering and Construction PCL (BKK:STEC-F) Headlines

No Headlines