Petroleum Equipment Assembly And Metal Structure JSC (HSTC:PXS) ROCE % : 20.33% (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Petroleum Equipment Assembly And Metal Structure 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. Petroleum Equipment Assembly And Metal Structure JSC's annualized ROCE % for the quarter that ended in Dec. 2024 was 20.33%.

Petroleum Equipment Assembly And Metal Structure JSC ROCE % Historical Data

The historical data trend for Petroleum Equipment Assembly And Metal Structure 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.

Petroleum Equipment Assembly And Metal Structure JSC ROCE % Chart

Petroleum Equipment Assembly And Metal Structure JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

3.69

3.10

-19.05

-77.58

9.26

Petroleum Equipment Assembly And Metal Structure 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															-31.14	4.61	5.79	5.36	20.33

Petroleum Equipment Assembly And Metal Structure JSC ROCE % Calculation

Petroleum Equipment Assembly And Metal Structure 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 )
	=	12068.992	/	( ( (820679.858 - 693244.592)	+	(837878.106 - 704515.709) )	/ 2 )
	=	12068.992	/	( (127435.266	+	133362.397)	/ 2 )
	=	12068.992	/	130398.8315
	=	9.26 %

Petroleum Equipment Assembly And Metal Structure 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 )
	=	27146.664	/	( ( (809023.392 - 675370.367)	+	(837878.106 - 704515.709) )	/ 2 )
	=	27146.664	/	( ( 133653.025	+	133362.397 )	/ 2 )
	=	27146.664	/	133507.711
	=	20.33 %

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

Petroleum Equipment Assembly And Metal Structure JSC (HSTC:PXS) 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.

Petroleum Equipment Assembly And Metal Structure JSC ROCE % Related Terms

Thank you for viewing the detailed overview of Petroleum Equipment Assembly And Metal Structure JSC's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Petroleum Equipment Assembly And Metal Structure JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Petroleum Equipment Assembly And Metal Structure JSC (HSTC:PXS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

02, Nguyen Huu Canh Street, Ward Thang Nhat, Vung Tau City, VNM

Website

http://www.pvc-ms.vn

Petroleum Equipment Assembly And Metal Structure JSC is a Vietnam based EPC contractor. It is specialized in providing EPC services for pipeline, piping, storage tank, thermal power plant, refinery and petrochemical plant, gas processing plant and for projects of oil and gas industry. The other activities of the organization cover providing EPC/EPCIC services for offshore projects in oil and gas industry; providing EPC services for process skids and equipment for oil and gas projects; and offering electrical and instrumentation services for oil and gas project.