Thang Long Urban Development and Construction Investment JSC (STC:TLD) ROCE % : 0.00% (As of . 20)

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What is Thang Long Urban Development and Construction Investment 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. Thang Long Urban Development and Construction Investment JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Thang Long Urban Development and Construction Investment JSC ROCE % Historical Data

The historical data trend for Thang Long Urban Development and Construction Investment 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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Thang Long Urban Development and Construction Investment JSC ROCE % Chart

Thang Long Urban Development and Construction Investment JSC Annual Data

Trend

ROCE %

Thang Long Urban Development and Construction Investment JSC Semi-Annual Data

ROCE %

Thang Long Urban Development and Construction Investment JSC ROCE % Calculation

Thang Long Urban Development and Construction Investment JSC's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Thang Long Urban Development and Construction Investment JSC's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Thang Long Urban Development and Construction Investment JSC (STC:TLD) 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.

Thang Long Urban Development and Construction Investment JSC ROCE % Related Terms

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Thang Long Urban Development and Construction Investment JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Thang Long Urban Development and Construction Investment JSC (STC:TLD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Trung village, Lien Trung Commune, Dan Phuong District, Hanoi, VNM

Website

http://www.thanglongdeco.com

Thang Long Urban Development and Construction Investment JSC is a Viet Nam based company, it engages in offering building products and services. Its business activities include the manufacture and trading of plywood, hardwood veneer and softwood veneer, as well as the construction of highways, bridges, kindergartens, institutional headquarters, and irrigation systems. It is also involved in the leasing of warehouses, manufacturing facilities, together with construction machinery, vehicles, and equipment.

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