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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.

* Premium members only.

Ocean Group JSC ROCE % Chart

Ocean Group JSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -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.

* 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.


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

Traded in Other Exchanges
N/A
Address
No. 01 Trung Hoa, Ocean office building, Cau Giay, Hanoi, VNM
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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