MocChau Dairy Cattle Breeding JSC (STC:MCM) ROCE % : 13.82% (As of Dec. 2024)

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What is MocChau Dairy Cattle Breeding 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. MocChau Dairy Cattle Breeding JSC's annualized ROCE % for the quarter that ended in Dec. 2024 was 13.82%.

MocChau Dairy Cattle Breeding JSC ROCE % Historical Data

The historical data trend for MocChau Dairy Cattle Breeding 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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MocChau Dairy Cattle Breeding JSC ROCE % Chart

MocChau Dairy Cattle Breeding JSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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33.93

22.34

17.28

18.62

10.94

MocChau Dairy Cattle Breeding JSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															16.50	9.88	11.03	8.62	13.82

MocChau Dairy Cattle Breeding JSC ROCE % Calculation

MocChau Dairy Cattle Breeding 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 )
	=	253789.329	/	( ( (2606062.838 - 274455.833)	+	(2686673.184 - 377611.943) )	/ 2 )
	=	253789.329	/	( (2331607.005	+	2309061.241)	/ 2 )
	=	253789.329	/	2320334.123
	=	10.94 %

MocChau Dairy Cattle Breeding 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 )
	=	322340.64	/	( ( (2715819.897 - 360001.487)	+	(2686673.184 - 377611.943) )	/ 2 )
	=	322340.64	/	( ( 2355818.41	+	2309061.241 )	/ 2 )
	=	322340.64	/	2332439.8255
	=	13.82 %

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

MocChau Dairy Cattle Breeding JSC (STC:MCM) 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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MocChau Dairy Cattle Breeding JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MocChau Dairy Cattle Breeding JSC (STC:MCM) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Moc Chau Farm Town, Moc Chau District, Son La Province, Son La, VNM

Website

https://www.mcmilk.com.vn

MocChau Dairy Cattle Breeding JSC engages in breeding animals. Its product offerings comprise fresh milk, pasteurized milk, sugar-free yogurt, almond yogurt, taro yogurt, cheese yogurt, fruit yogurt, cheese, milk cake, cocoa milk cake, whey, and other product.

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