Helio Energy JSC (HSTC:HIO) ROCE % : 9.92% (As of Dec. 2024)

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What is Helio Energy 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. Helio Energy JSC's annualized ROCE % for the quarter that ended in Dec. 2024 was 9.92%.

Helio Energy JSC ROCE % Historical Data

The historical data trend for Helio Energy 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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Helio Energy JSC ROCE % Chart

Helio Energy JSC Annual Data

Trend

Dec22

Dec23

Dec24

ROCE %

7.89

9.56

11.03

Helio Energy JSC Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial				7.40	12.36	13.19	8.22	9.92

Helio Energy JSC ROCE % Calculation

Helio Energy 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 )
	=	49725.641	/	( ( (546321.778 - 74337.605)	+	(505482.508 - 76098.052) )	/ 2 )
	=	49725.641	/	( (471984.173	+	429384.456)	/ 2 )
	=	49725.641	/	450684.3145
	=	11.03 %

Helio Energy 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 )
	=	43299.48	/	( ( (519565.137 - 76065.481)	+	(505482.508 - 76098.052) )	/ 2 )
	=	43299.48	/	( ( 443499.656	+	429384.456 )	/ 2 )
	=	43299.48	/	436442.056
	=	9.92 %

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

Helio Energy JSC (HSTC:HIO) 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.

Helio Energy JSC ROCE % Related Terms

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Helio Energy JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Helio Energy JSC (HSTC:HIO) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

37 Ba Trieu, Hang Bai ward, 4th Floor, Hoan Kiem district, Hanoi, VNM

Website

http://www.helioenergy.vn

Helio Energy JSC is a company whose main business is renewable energy. It is involved in many projects such as Rooftop solar power projects in Binh Thuan province , Rooftop solar power projects in Dong Nai province and Rooftop solar power projects in Dong Nai province.