Ton Dong A (HSTC:GDA) ROCE % : 9.68% (As of Dec. 2024)

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What is Ton Dong A 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. Ton Dong A's annualized ROCE % for the quarter that ended in Dec. 2024 was 9.68%.

Ton Dong A ROCE % Historical Data

The historical data trend for Ton Dong A'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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Ton Dong A ROCE % Chart

Ton Dong A Annual Data

Trend

Dec22

Dec23

Dec24

ROCE %

-1.24

16.73

17.65

Ton Dong A Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial					3.18	18.50	29.02	11.97	9.68

Ton Dong A ROCE % Calculation

Ton Dong A'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 )
	=	670687.194	/	( ( (11542083.078 - 7879094.964)	+	(12938967.207 - 9001585.506) )	/ 2 )
	=	670687.194	/	( (3662988.114	+	3937381.701)	/ 2 )
	=	670687.194	/	3800184.9075
	=	17.65 %

Ton Dong A'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 )
	=	386655.828	/	( ( (12096488.545 - 8048655.308)	+	(12938967.207 - 9001585.506) )	/ 2 )
	=	386655.828	/	( ( 4047833.237	+	3937381.701 )	/ 2 )
	=	386655.828	/	3992607.469
	=	9.68 %

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

Ton Dong A (HSTC:GDA) 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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Ton Dong A Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ton Dong A Corp (HSTC:GDA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Street 5, Song Than 1 Industrial Park, Di An Ward, Di An City, Binh Duong Province, Ho Chi Minh, VNM

Website

https://www.tondonga.com.vn

Ton Dong A Corp is a company specializing in the production of cold rolled steel, zinc corrugated iron, cold corrugated iron, color corrugated iron, galvanized box steel for industrial and civil construction, transportation infrastructure, and home appliances use. The company operates in the field of manufacturing galvanized steel sheet, the main products are cold rolled steel, black corrugated iron, galvanized steel zinc corrugated iron, aluminum zinc alloy coated steel, cold corrugated iron and painted cold corrugated iron Cold corrugated iron. color cold corrugated iron.

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