Ocean Group JSC (STC:OGC) ROCE % : 14.18% (As of Dec. 2024)

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What is Ocean Group 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. Ocean Group JSC's annualized ROCE % for the quarter that ended in Dec. 2024 was 14.18%.

Ocean Group JSC ROCE % Historical Data

The historical data trend for Ocean Group 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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Ocean Group JSC ROCE % Chart

Ocean Group JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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10.82

-11.23

5.87

6.06

10.94

Ocean Group 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															-1.49	-0.13	1.19	20.30	14.18

Ocean Group JSC ROCE % Calculation

Ocean Group 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 )
	=	428782.215	/	( ( (4767834.482 - 712586.425)	+	(4507732.333 - 724807.187) )	/ 2 )
	=	428782.215	/	( (4055248.057	+	3782925.146)	/ 2 )
	=	428782.215	/	3919086.6015
	=	10.94 %

Ocean Group 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 )
	=	533181.168	/	( ( (4815396.549 - 1077250.807)	+	(4507732.333 - 724807.187) )	/ 2 )
	=	533181.168	/	( ( 3738145.742	+	3782925.146 )	/ 2 )
	=	533181.168	/	3760535.444
	=	14.18 %

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

Ocean Group JSC (STC:OGC) 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.

Ocean Group JSC ROCE % Related Terms

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Ocean Group JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ocean Group JSC (STC:OGC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 01 Trung Hoa, Ocean office building, Cau Giay, Hanoi, VNM

Website

http://oceangroup.vn

Ocean Group JSC is a Vietnam based company engaged in the business fields of Financial business, Hotel business; Real estate business; and BOT Investment. In the Financial business, the group provides a full range of professional securities services in the capital market, including securities brokerage, securities depository, and securities investment advisory service.

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