Son Ha Development of Renewable Energy JSC (HSTC:SHE) ROCE % : 0.00% (As of . 20)

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What is Son Ha Development of Renewable Energy 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. Son Ha Development of Renewable Energy JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Son Ha Development of Renewable Energy JSC ROCE % Historical Data

The historical data trend for Son Ha Development of Renewable Energy 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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Son Ha Development of Renewable Energy JSC ROCE % Chart

Son Ha Development of Renewable Energy JSC Annual Data

Trend

ROCE %

Son Ha Development of Renewable Energy JSC Semi-Annual Data

ROCE %

Son Ha Development of Renewable Energy JSC ROCE % Calculation

Son Ha Development of Renewable Energy 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Son Ha Development of Renewable Energy 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.

Son Ha Development of Renewable Energy JSC (HSTC:SHE) 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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Son Ha Development of Renewable Energy JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Son Ha Development of Renewable Energy JSC (HSTC:SHE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Thanh Lam street, Tu Liem industrial cluster, Minh Khai ward, Bac Tu Liem district, Hanoi, VNM

Website

https://www.thaiduongnang.com.vn

Son Ha Development of Renewable Energy JSC is specialized in manufacturing of solar water heater products. the company distributes its products through branches and agents in Vietnam.