Haiphong Paint JSC (HSTC:HPP) ROCE % : 0.00% (As of . 20)

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

Haiphong Paint JSC ROCE % Historical Data

The historical data trend for Haiphong Paint 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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Haiphong Paint JSC ROCE % Chart

Haiphong Paint JSC Annual Data

Trend

ROCE %

Haiphong Paint JSC Semi-Annual Data

ROCE %

Haiphong Paint JSC ROCE % Calculation

Haiphong Paint 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Haiphong Paint 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.

Haiphong Paint JSC (HSTC:HPP) 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.

Haiphong Paint JSC ROCE % Related Terms

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Haiphong Paint JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Haiphong Paint JSC (HSTC:HPP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12 Lach Tray Street, Lach Tray Ward, Ngo Quyen District, Hai Phong City, VNM

Website

https://www.sonhaiphong.com.vn

Haiphong Paint JSC is a paint manufacturer and supplier in Vietnam in the areas of painting ships and marine works, paint industrial works, container paint, traffic and construction paint.