Deo Ca Traffic Infrastructure Investment JSC (STC:HHV) ROCE % : 3.97% (As of Mar. 2024)

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What is Deo Ca Traffic 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. Deo Ca Traffic Infrastructure Investment JSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.97%.

Deo Ca Traffic Infrastructure Investment JSC ROCE % Historical Data

The historical data trend for Deo Ca Traffic 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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Deo Ca Traffic Infrastructure Investment JSC ROCE % Chart

Deo Ca Traffic Infrastructure Investment JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.96

2.34

2.97

3.20

3.32

Deo Ca Traffic Infrastructure Investment JSC Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													3.25	3.71	3.63	2.72	3.97

Deo Ca Traffic Infrastructure Investment JSC ROCE % Calculation

Deo Ca Traffic 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 )
	=	1087156.177	/	( ( (35653232.485 - 3857252.85)	+	(36780154.789 - 3143895.667) )	/ 2 )
	=	1087156.177	/	( (31795979.635	+	33636259.122)	/ 2 )
	=	1087156.177	/	32716119.3785
	=	3.32 %

Deo Ca Traffic 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 )
	=	1356725.528	/	( ( (36780154.789 - 3143895.667)	+	(37660435.147 - 2865928.597) )	/ 2 )
	=	1356725.528	/	( ( 33636259.122	+	34794506.55 )	/ 2 )
	=	1356725.528	/	34215382.836
	=	3.97 %

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

Deo Ca Traffic Infrastructure Investment JSC (STC:HHV) 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.

Deo Ca Traffic Infrastructure Investment JSC ROCE % Related Terms

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Deo Ca Traffic Infrastructure Investment JSC (STC:HHV) Business Description

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Traded in Other Exchanges

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Address

Km11+500 road leading south of Hai Van tunnel, Hoa Hiep Bac ward, Lien Chieu district, Da Nang City, VNM

Website

https://www.hamadeco.com.vn

Deo Ca Traffic Infrastructure Investment JSC is engaged in the management, exploitation, and maintenance of road tunnels; the management, operation, maintenance, and maintenance of assigned national highways.

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