Petrolimex Petrochemical JSC (HSTC:PLC) ROCE % : 16.57% (As of Dec. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Petrolimex Petrochemical 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 Petrochemical JSC's annualized ROCE % for the quarter that ended in Dec. 2024 was 16.57%.

Petrolimex Petrochemical JSC ROCE % Historical Data

The historical data trend for Petrolimex Petrochemical 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.

* Premium members only.

Petrolimex Petrochemical JSC ROCE % Chart

Petrolimex Petrochemical JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

21.62

21.81

20.63

20.24

12.04

Petrolimex Petrochemical JSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															17.41	11.71	9.38	11.00	16.57

Petrolimex Petrochemical JSC ROCE % Calculation

Petrolimex Petrochemical JSC's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	155795.263	/	( ( (4239386.558 - 2918232.435)	+	(4065445.507 - 2798020.053) )	/ 2 )
	=	155795.263	/	( (1321154.123	+	1267425.454)	/ 2 )
	=	155795.263	/	1294289.7885
	=	12.04 %

Petrolimex Petrochemical JSC's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	208504.368	/	( ( (4151705.735 - 2902116.094)	+	(4065445.507 - 2798020.053) )	/ 2 )
	=	208504.368	/	( ( 1249589.641	+	1267425.454 )	/ 2 )
	=	208504.368	/	1258507.5475
	=	16.57 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Petrolimex Petrochemical JSC (HSTC:PLC) 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.

Petrolimex Petrochemical JSC ROCE % Related Terms

Thank you for viewing the detailed overview of Petrolimex Petrochemical JSC's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Petrolimex Petrochemical JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Petrolimex Petrochemical Corporation JSC (HSTC:PLC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

MIPEC Tower, No.229 Tay Son Street, Dong Da District, Floors 18 & 19, Nga Tu So Ward, Hanoi, VNM

Website

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

Petrolimex Petrochemical Corporation JSC is principally engaged in trading, importing and exporting lubricants, asphalt, chemicals and other commodities in the oil and gas sector. It is also involved in the trading, importing and exporting materials and equipment specialized in petrochemicals. The company offers transportation, warehouse rental, mixing, test analysis, consulting and technical services. In addition, it provides seagoing vessel services.