Procimex Viet Nam JSC (HSTC:PRO) ROCE % : 0.00% (As of . 20)

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What is Procimex Viet Nam 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. Procimex Viet Nam JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Procimex Viet Nam JSC ROCE % Historical Data

The historical data trend for Procimex Viet Nam 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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Procimex Viet Nam JSC ROCE % Chart

Procimex Viet Nam JSC Annual Data

Trend

ROCE %

Procimex Viet Nam JSC Semi-Annual Data

ROCE %

Procimex Viet Nam JSC ROCE % Calculation

Procimex Viet Nam 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Procimex Viet Nam 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.

Procimex Viet Nam JSC (HSTC:PRO) 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.

Procimex Viet Nam JSC ROCE % Related Terms

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Procimex Viet Nam JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Procimex Viet Nam JSC (HSTC:PRO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hoa Khanh Nam ward, Lien Chieu District, Group 112, Da Son Block, Da Nang, VNM

Website

http://www.procimex.com.vn

Procimex Viet Nam JSC is engaged in the production and sales of aquatic products. The company's business areas include Seafood export-processing, Producer-aquatic pet food business, Logistics services, and Means Business. The Company focuses its business on 2 main activities namely seafood and aquatic products trading business and livestock slaughtering business.