Ho Chi Minh City Infrastructure Investment JSC (STC:CII) ROCE % : 10.83% (As of Mar. 2024)

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What is Ho Chi Minh City Infrastructure Investment 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. Ho Chi Minh City Infrastructure Investment JSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.83%.

Ho Chi Minh City Infrastructure Investment JSC ROCE % Historical Data

The historical data trend for Ho Chi Minh City Infrastructure Investment 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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Ho Chi Minh City Infrastructure Investment JSC ROCE % Chart

Ho Chi Minh City Infrastructure Investment JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.11

7.82

4.79

10.62

7.91

Ho Chi Minh City Infrastructure Investment JSC 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															7.74	12.10	10.78	10.38	10.83

Ho Chi Minh City Infrastructure Investment JSC ROCE % Calculation

Ho Chi Minh City Infrastructure Investment JSC'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 )
	=	1741424.641	/	( ( (28559496.485 - 9570468.97)	+	(33184094.516 - 8144174.34) )	/ 2 )
	=	1741424.641	/	( (18989027.515	+	25039920.176)	/ 2 )
	=	1741424.641	/	22014473.8455
	=	7.91 %

Ho Chi Minh City Infrastructure Investment JSC'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 )
	=	2864991.104	/	( ( (33184094.516 - 8144174.34)	+	(36205093.96 - 8319092.217) )	/ 2 )
	=	2864991.104	/	( ( 25039920.176	+	27886001.743 )	/ 2 )
	=	2864991.104	/	26462960.9595
	=	10.83 %

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

Ho Chi Minh City Infrastructure Investment JSC (STC:CII) 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.

Ho Chi Minh City Infrastructure Investment JSC ROCE % Related Terms

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Ho Chi Minh City Infrastructure Investment JSC (STC:CII) Business Description

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Address

50 Ton That Dam Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City, VNM

Website

http://www.cii.com.vn

Ho Chi Minh City Infrastructure Investment JSC engages in construction, development, and operation of infrastructure projects. The investment activities of the company include bridge and road, water, and real estate. Some of the projects of the company include Hanoi highway expansion phrase 2, Saigon 2 bridge, rach chiec bridge, rach mieu bridge phrase 2, tan hiep 2 water plant project, diamond riverside building project, and lu gia building project.

Ho Chi Minh City Infrastructure Investment JSC (STC:CII) Headlines

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