Gelex Electricity JSC (STC:GEE) ROCE % : 49.53% (As of Dec. 2024)

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What is Gelex Electricity 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. Gelex Electricity JSC's annualized ROCE % for the quarter that ended in Dec. 2024 was 49.53%.

Gelex Electricity JSC ROCE % Historical Data

The historical data trend for Gelex Electricity 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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Gelex Electricity JSC ROCE % Chart

Gelex Electricity JSC Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

ROCE %

12.41

17.41

18.61

35.77

Gelex Electricity JSC Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial					16.98	14.93	45.47	37.16	49.53

Gelex Electricity JSC ROCE % Calculation

Gelex Electricity 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 )
	=	2644670.115	/	( ( (13722932.431 - 6458680.884)	+	(12903267.306 - 5380609.15) )	/ 2 )
	=	2644670.115	/	( (7264251.547	+	7522658.156)	/ 2 )
	=	2644670.115	/	7393454.8515
	=	35.77 %

Gelex Electricity 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 )
	=	3680765.336	/	( ( (13521850.547 - 6182770.034)	+	(12903267.306 - 5380609.15) )	/ 2 )
	=	3680765.336	/	( ( 7339080.513	+	7522658.156 )	/ 2 )
	=	3680765.336	/	7430869.3345
	=	49.53 %

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

Gelex Electricity JSC (STC:GEE) 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.

Gelex Electricity JSC ROCE % Related Terms

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Gelex Electricity JSC Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

52 Le Dai Hanh Street, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM

Website

https://www.gelex-electric.com

Gelex Electricity JSC is a company engaged in Manufacturing and trading of electrical equipment. It directly owns 5 production and business subsidiaries in the field of electrical equipment including: Vietnam Electric Cable Joint Stock Company, Electrical Equipment Joint Stock Company, Hanoi Electromechanical Manufacturing Joint Stock Company and EMIC Electrical Measurement Equipment Joint Stock Company, Copper Wire Company Vietnam CFT.

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