Cao Bang Mineral And Metallurgical JSC (HSTC:KCB) ROCE % : 0.00% (As of . 20)

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What is Cao Bang Mineral And Metallurgical 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. Cao Bang Mineral And Metallurgical JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Cao Bang Mineral And Metallurgical JSC ROCE % Historical Data

The historical data trend for Cao Bang Mineral And Metallurgical 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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Cao Bang Mineral And Metallurgical JSC ROCE % Chart

Cao Bang Mineral And Metallurgical JSC Annual Data

Trend

ROCE %

Cao Bang Mineral And Metallurgical JSC Semi-Annual Data

ROCE %

Cao Bang Mineral And Metallurgical JSC ROCE % Calculation

Cao Bang Mineral And Metallurgical 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Cao Bang Mineral And Metallurgical 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.

Cao Bang Mineral And Metallurgical JSC (HSTC:KCB) 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.

Cao Bang Mineral And Metallurgical JSC ROCE % Related Terms

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Cao Bang Mineral And Metallurgical JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cao Bang Mineral And Metallurgical JSC (HSTC:KCB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 52 Kim Dong Street, Hop Giang Ward, Cao Bang Town, Cao Bang City, VNM

Website

https://cmamc.com.vn

Cao Bang Mineral And Metallurgical JSC is engaged in the mining of iron ore.

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