Vingroup JSC (STC:VIC) ROCE % : 9.63% (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Vingroup 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. Vingroup JSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.63%.

Vingroup JSC ROCE % Historical Data

The historical data trend for Vingroup 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.

Vingroup JSC ROCE % Chart

Vingroup JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

11.35

10.12

4.58

7.97

10.80

Vingroup 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															10.33	9.97	13.81	0.86	9.63

Vingroup JSC ROCE % Calculation

Vingroup 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 )
	=	29442241	/	( ( (577407240 - 298411509)	+	(667655767 - 401298366) )	/ 2 )
	=	29442241	/	( (278995731	+	266357401)	/ 2 )
	=	29442241	/	272676566
	=	10.80 %

Vingroup 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 )
	=	27238892	/	( ( (667655767 - 401298366)	+	(693948793 - 394383059) )	/ 2 )
	=	27238892	/	( ( 266357401	+	299565734 )	/ 2 )
	=	27238892	/	282961567.5
	=	9.63 %

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

Vingroup JSC (STC:VIC) 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.

Vingroup JSC ROCE % Related Terms

Thank you for viewing the detailed overview of Vingroup JSC's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Vingroup JSC (STC:VIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vingroup JSC (STC:VIC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7, Bang Lang 1 Street, Vinhomes Riverside Ecological Area, Viet Hung Ward, Long Bien District, Hanoi, VNM

Website

http://www.vingroup.net

Vingroup JSC is a Vietnam-based company engaged in construction and provides retail outlets, commercial offices for lease, residential units for lease and sale. It also carries out investment activities, to provide the management service and to conduct other businesses. The company operates through the segments of Sale of inventory properties, Leasing investment properties and related services, Hospitality, entertainment and other services, Health care and related services, Education services, Retail services, Manufacturing activities, and Others. The company generates the majority of its revenue from Sale of inventory properties including developing and trading apartments and villas at real estate projects of the group.

Vingroup JSC (STC:VIC) Headlines

No Headlines