Thac BA Hydropower JSC (STC:TBC) ROCE % : 17.39% (As of Dec. 2024)

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What is Thac BA Hydropower 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. Thac BA Hydropower JSC's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.39%.

Thac BA Hydropower JSC ROCE % Historical Data

The historical data trend for Thac BA Hydropower 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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Thac BA Hydropower JSC ROCE % Chart

Thac BA Hydropower JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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19.53

18.38

32.27

14.41

19.92

Thac BA Hydropower 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															12.91	17.73	10.24	35.51	17.39

Thac BA Hydropower JSC ROCE % Calculation

Thac BA Hydropower 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 )
	=	275157.721	/	( ( (1535913.004 - 151804.161)	+	(1519817.168 - 141801.357) )	/ 2 )
	=	275157.721	/	( (1384108.843	+	1378015.811)	/ 2 )
	=	275157.721	/	1381062.327
	=	19.92 %

Thac BA Hydropower 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 )
	=	238446.388	/	( ( (1485135.255 - 120158.256)	+	(1519817.168 - 141801.357) )	/ 2 )
	=	238446.388	/	( ( 1364976.999	+	1378015.811 )	/ 2 )
	=	238446.388	/	1371496.405
	=	17.39 %

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

Thac BA Hydropower JSC (STC:TBC) 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.

Thac BA Hydropower JSC ROCE % Related Terms

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Thac BA Hydropower JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Thac BA Hydropower JSC (STC:TBC) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Thac Ba Town, Yen Binh District, Yen Bai Province, Thac Ba, VNM

Website

http://www.thacba.com.vn

Thac BA Hydropower JSC is a Vietnam based company involved in producing and trading electricity. It is also involved in the management, operation, repair, maintenance, overhaul, renovation of hydraulic works, architectural works, equipment of hydropower plants and transformer stations. The other business activities of the organization are Testing and adjusting electrical equipment; Purchase and sale, import and export of materials and equipment; Consultancy of construction investment projects, construction investment management, supervision and supervision of construction and installation of electricity projects; Investing in power and grid projects; Fostering, training on management, operation, maintenance and repair of power plant equipment; and Business travel services.

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