Giang Centrifugal Concrete JSC (HSTC:ACE) ROCE % : 0.00% (As of . 20)

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What is Giang Centrifugal Concrete JSC 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. Giang Centrifugal Concrete JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Giang Centrifugal Concrete JSC ROCE % Historical Data

The historical data trend for Giang Centrifugal Concrete JSC's ROCE % can be seen below:

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Giang Centrifugal Concrete JSC ROCE % Chart

Giang Centrifugal Concrete JSC Annual Data

Trend

ROCE %

Giang Centrifugal Concrete JSC Semi-Annual Data

ROCE %

Giang Centrifugal Concrete JSC ROCE % Calculation

Giang Centrifugal Concrete JSC's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Giang Centrifugal Concrete JSC's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Giang Centrifugal Concrete JSC (HSTC:ACE) 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.

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Giang Centrifugal Concrete JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Giang Centrifugal Concrete JSC (HSTC:ACE) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

National Highway 91, My Thoi Ward, An Thoi Hamlet, Long Xuyen, VNM

Website

http://www.aceco.com.vn

Giang Centrifugal Concrete JSC is engaged in producing and trading in industrial concrete products; Construction of power lines and substations and Construction of industrial and public construction works, infrastructure, irrigation, and civil.

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