22 JSC (HSTC:C22) ROCE % : 0.00% (As of . 20)

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What is 22 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. 22 JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

22 JSC ROCE % Historical Data

The historical data trend for 22 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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22 JSC ROCE % Chart

22 JSC Annual Data

Trend

ROCE %

22 JSC Semi-Annual Data

ROCE %

22 JSC ROCE % Calculation

22 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

22 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.

22 JSC (HSTC:C22) 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.

22 JSC ROCE % Related Terms

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22 JSC (HSTC:C22) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » 22 JSC (HSTC:C22) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

763 Nguyen Van Linh, Sai Dong - Long Bien, Hanoi, VNM

Website

http://www.congty22.net.vn

22 JSC is engaged in manufacturing and trading in basic industrial machines and equipment such as food processing, manufacturing of mechanical products, military hardware, canteens, kitchen tools, business tools, training tools, and export mechanical products.

22 JSC (HSTC:C22) Headlines

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