GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Vinaceglass JSC (HSTC:CGV) » Definitions » ROCE %

Vinaceglass JSC (HSTC:CGV) ROCE % : 0.00% (As of . 20)


View and export this data going back to 2017. Start your Free Trial

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


Vinaceglass JSC ROCE % Historical Data

The historical data trend for Vinaceglass 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.

* Premium members only.

Vinaceglass JSC ROCE % Chart

Vinaceglass JSC Annual Data
Trend
ROCE %

Vinaceglass JSC Semi-Annual Data
ROCE %

Vinaceglass JSC ROCE % Calculation

Vinaceglass 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 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Vinaceglass 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.

* 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.


Vinaceglass JSC  (HSTC:CGV) 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.


Vinaceglass JSC ROCE % Related Terms

Thank you for viewing the detailed overview of Vinaceglass JSC's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vinaceglass JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
20-24 Nguyen Cong Tru, Nguyen Thai Binh Ward, District 1, Ho Chi Minh, VNM
Vinaceglass JSC is engaged in the Manufacture and sale of refractory materials and mechanical products; Construction of works on insulation; Trading in chemicals and raw materials and others.