120 Mechanical JSC (HSTC:CK8) ROCE % : 0.00% (As of . 20)

View and export this data going back to 2023. Start your Free Trial

What is 120 Mechanical 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. 120 Mechanical JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

120 Mechanical JSC ROCE % Historical Data

The historical data trend for 120 Mechanical 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.

120 Mechanical JSC ROCE % Chart

120 Mechanical JSC Annual Data

Trend

ROCE %

120 Mechanical JSC Semi-Annual Data

ROCE %

120 Mechanical JSC ROCE % Calculation

120 Mechanical 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

120 Mechanical 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.

120 Mechanical JSC (HSTC:CK8) 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.

120 Mechanical JSC ROCE % Related Terms

Thank you for viewing the detailed overview of 120 Mechanical JSC's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

120 Mechanical JSC (HSTC:CK8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » 120 Mechanical JSC (HSTC:CK8) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 609 Truong Dinh, Giap Bat Ward, Hoang Mai District, Hanoi, VNM

Website

https://www.cokhi120.com

120 Mechanical JSC is engaged in manufacturing steel structured products.

120 Mechanical JSC (HSTC:CK8) Headlines

No Headlines