Da Nang Port JSC (HSTC:CDN) ROCE % : 17.85% (As of Dec. 2024)

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What is Da Nang Port 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. Da Nang Port JSC's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.85%.

Da Nang Port JSC ROCE % Historical Data

The historical data trend for Da Nang Port JSC'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.

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Da Nang Port JSC ROCE % Chart

Da Nang Port JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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17.39

19.51

20.17

18.83

18.86

Da Nang Port JSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															19.14	19.79	18.40	20.91	17.85

Da Nang Port JSC ROCE % Calculation

Da Nang Port JSC's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	395229.399	/	( ( (2202279.149 - 220519.729)	+	(2460176.84 - 251097.787) )	/ 2 )
	=	395229.399	/	( (1981759.42	+	2209079.053)	/ 2 )
	=	395229.399	/	2095419.2365
	=	18.86 %

Da Nang Port JSC's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	382479.172	/	( ( (2446346.043 - 369150.958)	+	(2460176.84 - 251097.787) )	/ 2 )
	=	382479.172	/	( ( 2077195.085	+	2209079.053 )	/ 2 )
	=	382479.172	/	2143137.069
	=	17.85 %

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

Da Nang Port JSC (HSTC:CDN) 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.

Da Nang Port JSC ROCE % Related Terms

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Da Nang Port JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Da Nang Port JSC (HSTC:CDN) » Definitions » ROCE %

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N/A

Address

26 Bach Dang street, Thach Thang Ward, Hai Chau District, Da Nang, VNM

Website

https://www.danangport.com

Da Nang Port JSC is a Vietnam-based shipping and logistics company. The main activities of the company are Cargo Handling, which includes Loading and unloading goods by road, loading and unloading seaport goods, loading and unloading goods at river ports; Service activities that directly support water transport; warehousing and storing goods in cold storage, bonded warehouses; wholesale and retail of solid, liquid, gaseous fuels and related products. The company generates majorly all of its revenue from Vietnam itself.

Da Nang Port JSC Headlines

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