An Gia Real Estate Investment And Development (STC:AGG) ROCE % : 33.30% (As of Mar. 2024)

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What is An Gia Real Estate Investment And Development 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. An Gia Real Estate Investment And Development's annualized ROCE % for the quarter that ended in Mar. 2024 was 33.30%.

An Gia Real Estate Investment And Development ROCE % Historical Data

The historical data trend for An Gia Real Estate Investment And Development'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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An Gia Real Estate Investment And Development ROCE % Chart

An Gia Real Estate Investment And Development Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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23.99

13.88

10.48

9.35

18.59

An Gia Real Estate Investment And Development Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															5.40	17.88	35.83	24.29	33.30

An Gia Real Estate Investment And Development ROCE % Calculation

An Gia Real Estate Investment And Development's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	844995.876	/	( ( (11098528.307 - 6015500.153)	+	(9293398.077 - 5284699.37) )	/ 2 )
	=	844995.876	/	( (5083028.154	+	4008698.707)	/ 2 )
	=	844995.876	/	4545863.4305
	=	18.59 %

An Gia Real Estate Investment And Development's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1366813.908	/	( ( (9293398.077 - 5284699.37)	+	(8481657.84 - 4280433.246) )	/ 2 )
	=	1366813.908	/	( ( 4008698.707	+	4201224.594 )	/ 2 )
	=	1366813.908	/	4104961.6505
	=	33.30 %

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

An Gia Real Estate Investment And Development (STC:AGG) 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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An Gia Real Estate Investment And Development (STC:AGG) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » An Gia Real Estate Investment And Development Corp (STC:AGG) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

30 Nguyen Thi Dieu, Ward 6, District 3, Ho Chi Minh City, VNM

Website

https://www.angia.com.vn

An Gia Real Estate Investment And Development Corp is a real estate company. The company is engaged in real estate trading, real estate brokerage, real estate management, real estate exchange, management consulting, advertising, marketing research and public opinion polling, organization of convention and trading shows, construction of buildings, construction of other civil projects, construction of railways and roads, construction of utility projects, demolition and site preparation. The company derives its majority of revenue from real estate.