Nghe An Pharmaceutical Medical Material and Equipment JSC (HSTC:NTF) ROCE % : 0.00% (As of . 20)

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What is Nghe An Pharmaceutical Medical Material and Equipment 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. Nghe An Pharmaceutical Medical Material and Equipment JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Nghe An Pharmaceutical Medical Material and Equipment JSC ROCE % Historical Data

The historical data trend for Nghe An Pharmaceutical Medical Material and Equipment 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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Nghe An Pharmaceutical Medical Material and Equipment JSC ROCE % Chart

Nghe An Pharmaceutical Medical Material and Equipment JSC Annual Data

Trend

ROCE %

Nghe An Pharmaceutical Medical Material and Equipment JSC Semi-Annual Data

ROCE %

Nghe An Pharmaceutical Medical Material and Equipment JSC ROCE % Calculation

Nghe An Pharmaceutical Medical Material and Equipment 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Nghe An Pharmaceutical Medical Material and Equipment 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.

Nghe An Pharmaceutical Medical Material and Equipment JSC (HSTC:NTF) 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.

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Nghe An Pharmaceutical Medical Material and Equipment JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Nghe An Pharmaceutical Medical Material and Equipment JSC (HSTC:NTF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Nguyen Thi Minh Khai, Nghe An province, Vinh city, VNM

Website

https://www.dnapharma.com.vn

Nghe An Pharmaceutical Medical Material and Equipment JSC is a Vietnam-based company engaged in the production and trading of pharmaceutical - cosmetics, food, medicine, and medical equipment. Its products include Traditional medicine; New medicine; Functional foods and others.

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