Can Don Hydro Power JSC (STC:SJD) ROCE % : 7.46% (As of Mar. 2024)

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What is Can Don Hydro Power 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. Can Don Hydro Power JSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.46%.

Can Don Hydro Power JSC ROCE % Historical Data

The historical data trend for Can Don Hydro Power 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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Can Don Hydro Power JSC ROCE % Chart

Can Don Hydro Power JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.60

12.52

18.56

16.68

14.40

Can Don Hydro Power JSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															8.69	14.89	30.98	5.40	7.46

Can Don Hydro Power JSC ROCE % Calculation

Can Don Hydro Power 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 )
	=	182241.414	/	( ( (1435387.343 - 123651.521)	+	(1348496.809 - 128292.217) )	/ 2 )
	=	182241.414	/	( (1311735.822	+	1220204.592)	/ 2 )
	=	182241.414	/	1265970.207
	=	14.40 %

Can Don Hydro Power 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 )
	=	91451.808	/	( ( (1348496.809 - 128292.217)	+	(1330968.882 - 99952.643) )	/ 2 )
	=	91451.808	/	( ( 1220204.592	+	1231016.239 )	/ 2 )
	=	91451.808	/	1225610.4155
	=	7.46 %

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

Can Don Hydro Power JSC (STC:SJD) 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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Can Don Hydro Power JSC (STC:SJD) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Can Don Hydro Power JSC (STC:SJD) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Thanh Binh Town, Bu Dop District, Binh Phuoc, VNM

Website

http://www.candon.com.vn

Can Don Hydro Power JSC is a Vietnam based company engaged in the production and trade of electricity. It is also involved in Investing in small and medium power projects; Construction of civil, industrial, transport, irrigation, post, technical infrastructure works in urban and industrial zones, water supply and drainage work, transmission lines and substations; Manufacturing and trading of construction materials, machinery and equipment; Receiving and transporting materials and equipment; Business hotel services; Training officials and employees operating hydroelectric plants; and Trading and aquaculture and afforestation.