Petrolimex Information Technology and Telecommunication JSC (HSTC:PIA) ROCE % : 0.00% (As of . 20)

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What is Petrolimex Information Technology and Telecommunication 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. Petrolimex Information Technology and Telecommunication JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Petrolimex Information Technology and Telecommunication JSC ROCE % Historical Data

The historical data trend for Petrolimex Information Technology and Telecommunication 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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Petrolimex Information Technology and Telecommunication JSC ROCE % Chart

Petrolimex Information Technology and Telecommunication JSC Annual Data

Trend

ROCE %

Petrolimex Information Technology and Telecommunication JSC Semi-Annual Data

ROCE %

Petrolimex Information Technology and Telecommunication JSC ROCE % Calculation

Petrolimex Information Technology and Telecommunication 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Petrolimex Information Technology and Telecommunication 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.

Petrolimex Information Technology and Telecommunication JSC (HSTC:PIA) 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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Petrolimex Information Technology and Telecommunication JSC (HSTC:PIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Petrolimex Information Technology and Telecommunication JSC (HSTC:PIA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 01 Kham Thien Street, Kham Thien Ward, Dong Da District, Ha Noi, VNM

Website

http://www.piacom.petrolimex.com.vn

Petrolimex Information Technology and Telecommunication JSC is engaged in the activities of automation, ERP services, software solutions, and IT hardware and services.

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