Huu Nghi Garment JSC (HSTC:HNI) ROCE % : 0.00% (As of . 20)

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

Huu Nghi Garment JSC ROCE % Historical Data

The historical data trend for Huu Nghi Garment 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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Huu Nghi Garment JSC ROCE % Chart

Huu Nghi Garment JSC Annual Data

Trend

ROCE %

Huu Nghi Garment JSC Semi-Annual Data

ROCE %

Huu Nghi Garment JSC ROCE % Calculation

Huu Nghi Garment 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Huu Nghi Garment 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.

Huu Nghi Garment JSC (HSTC:HNI) 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.

Huu Nghi Garment JSC ROCE % Related Terms

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Huu Nghi Garment JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Huu Nghi Garment JSC (HSTC:HNI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

636 - 638 Nguyen Duy Street, District 8, Ho Chi Minh, VNM

Website

http://www.hugamex.vn

Huu Nghi Garment JSC is engaged in the manufacturing of garment items. Its products consist of Jackets, Outerwears, Sport wears, Seam-sealed garments, Trousers, Fashion wears, and Hi-tech apparel items among others.