Petrolimex Nghe Tinh Transportation and Service JSC (HSTC:PTX) ROCE % : 0.00% (As of . 20)

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What is Petrolimex Nghe Tinh Transportation and Service 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 Nghe Tinh Transportation and Service JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Petrolimex Nghe Tinh Transportation and Service JSC ROCE % Historical Data

The historical data trend for Petrolimex Nghe Tinh Transportation and Service 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 Nghe Tinh Transportation and Service JSC ROCE % Chart

Petrolimex Nghe Tinh Transportation and Service JSC Annual Data

Trend

ROCE %

Petrolimex Nghe Tinh Transportation and Service JSC Semi-Annual Data

ROCE %

Petrolimex Nghe Tinh Transportation and Service JSC ROCE % Calculation

Petrolimex Nghe Tinh Transportation and Service 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 Nghe Tinh Transportation and Service 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 Nghe Tinh Transportation and Service JSC (HSTC:PTX) 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 Nghe Tinh Transportation and Service JSC ROCE % Related Terms

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Petrolimex Nghe Tinh Transportation and Service JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Petrolimex Nghe Tinh Transportation and Service JSC (HSTC:PTX) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Hamlet 13, Nghi Kim Commune, Nghe An Province, Vinh, VNM

Website

https://ptsnghetinh.petrolimex.com.vn

Petrolimex Nghe Tinh Transportation and Service JSC is an investment holding company. The company business activities include Transportation of petrol and oil, goods by road and waterway; Trading in petroleum and petrochemical products; Mechanical repair services, automobile and motorcycle overhaul, assembly Assemble petrol and oil technology pump columns; Hotel business; Animal feed processing and Warehouse business.

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