Northern Electricity Development and Investment JSC No 2 (HSTC:ND2) ROCE % : 0.00% (As of . 20)

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What is Northern Electricity Development and Investment JSC No 2 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. Northern Electricity Development and Investment JSC No 2's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Northern Electricity Development and Investment JSC No 2 ROCE % Historical Data

The historical data trend for Northern Electricity Development and Investment JSC No 2'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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Northern Electricity Development and Investment JSC No 2 ROCE % Chart

Northern Electricity Development and Investment JSC No 2 Annual Data

Trend

ROCE %

Northern Electricity Development and Investment JSC No 2 Semi-Annual Data

ROCE %

Northern Electricity Development and Investment JSC No 2 ROCE % Calculation

Northern Electricity Development and Investment JSC No 2'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Northern Electricity Development and Investment JSC No 2'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.

Northern Electricity Development and Investment JSC No 2 (HSTC:ND2) 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.

Northern Electricity Development and Investment JSC No 2 ROCE % Related Terms

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Northern Electricity Development and Investment JSC No 2 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Northern Electricity Development and Investment JSC No 2 (HSTC:ND2) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hoiuse No. 64B Phan Dinh Phung Street, Lao Cai Ward, Lao Cai Province, Lao Cai, VNM

Website

http://www.nedi2.com.vn

Northern Electricity Development and Investment JSC No 2 is engaged in the field of energy development business. The company invests, builds, and operates hydropower projects in Lao Cai province and the Northern provinces. It also provides design consultancy for civil, industrial, traffic, irrigation, and hydroelectric projects.

Northern Electricity Development and Investment JSC No 2 Headlines

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