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Viet Nam Fishery Mechanical Shipbuilding JSC (HSTC:FSO) ROCE % : 0.00% (As of . 20)


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What is Viet Nam Fishery Mechanical Shipbuilding 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. Viet Nam Fishery Mechanical Shipbuilding JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.


Viet Nam Fishery Mechanical Shipbuilding JSC ROCE % Historical Data

The historical data trend for Viet Nam Fishery Mechanical Shipbuilding 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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Viet Nam Fishery Mechanical Shipbuilding JSC ROCE % Chart

Viet Nam Fishery Mechanical Shipbuilding JSC Annual Data
Trend
ROCE %

Viet Nam Fishery Mechanical Shipbuilding JSC Semi-Annual Data
ROCE %

Viet Nam Fishery Mechanical Shipbuilding JSC ROCE % Calculation

Viet Nam Fishery Mechanical Shipbuilding 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 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Viet Nam Fishery Mechanical Shipbuilding 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.


Viet Nam Fishery Mechanical Shipbuilding JSC  (HSTC:FSO) 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.


Viet Nam Fishery Mechanical Shipbuilding JSC ROCE % Related Terms

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Viet Nam Fishery Mechanical Shipbuilding JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 2 Phan Dinh Phung Street, Ha Ly Ward, Hong Bang District, Hai Phong, VNM
Viet Nam Fishery Mechanical Shipbuilding JSC is engaged in building ships and floating structures. Its other activities include Mechanical processing, metal treatment and coating, manufacturing of metal structures, and wholesale of other machinery and equipment among others.

Viet Nam Fishery Mechanical Shipbuilding JSC Headlines

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