Hoang Huy Investment Services JSC (STC:HHS) ROCE % : 13.24% (As of Mar. 2024)

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What is Hoang Huy Investment Services 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. Hoang Huy Investment Services JSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 13.24%.

Hoang Huy Investment Services JSC ROCE % Historical Data

The historical data trend for Hoang Huy Investment Services 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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Hoang Huy Investment Services JSC ROCE % Chart

Hoang Huy Investment Services JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.71

8.43

6.44

5.82

8.36

Hoang Huy Investment Services 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															7.03	6.28	5.06	15.19	13.24

Hoang Huy Investment Services JSC ROCE % Calculation

Hoang Huy Investment Services 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 )
	=	362586.492	/	( ( (4492591.096 - 315146.608)	+	(4673591.234 - 171644.231) )	/ 2 )
	=	362586.492	/	( (4177444.488	+	4501947.003)	/ 2 )
	=	362586.492	/	4339695.7455
	=	8.36 %

Hoang Huy Investment Services 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 )
	=	605829.308	/	( ( (4673591.234 - 171644.231)	+	(4839244.388 - 186234.982) )	/ 2 )
	=	605829.308	/	( ( 4501947.003	+	4653009.406 )	/ 2 )
	=	605829.308	/	4577478.2045
	=	13.24 %

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

Hoang Huy Investment Services JSC (STC:HHS) 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.

Hoang Huy Investment Services JSC ROCE % Related Terms

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Hoang Huy Investment Services JSC (STC:HHS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hoang Huy Investment Services JSC (STC:HHS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

116 Nguyen Duc Canh, Cat Dai Ward, Le Chan District, Hai Phong City, VNM

Website

http://www.hhs.hoanghuy.com.vn

Hoang Huy Investment Services JSC is a Vietnam based company engaged in the business of manufacturing and importing medium and heavy trucks with DONGFENG brand - HO BAC. It is also involved in investing in large-scale real estate projects. The products offered by the company covers tractor truck, 3-foot ben cart, Ben8 ton truck, 4-legged truck, 2-foot barrel truck, trucks 5-foot container, concrete mixing car, and specialized vehicles.