Song Da Urban & Industrial Zone Investment And Development JSC (STC:SJS) ROCE % : 5.29% (As of Mar. 2024)

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What is Song Da Urban & Industrial Zone Investment And Development 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. Song Da Urban & Industrial Zone Investment And Development JSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.29%.

Song Da Urban & Industrial Zone Investment And Development JSC ROCE % Historical Data

The historical data trend for Song Da Urban & Industrial Zone Investment And Development 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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Song Da Urban & Industrial Zone Investment And Development JSC ROCE % Chart

Song Da Urban & Industrial Zone Investment And Development JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.50

4.49

4.41

5.14

6.47

Song Da Urban & Industrial Zone Investment And Development 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															2.00	8.86	6.54	10.28	5.29

Song Da Urban & Industrial Zone Investment And Development JSC ROCE % Calculation

Song Da Urban & Industrial Zone Investment And Development 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 )
	=	253085.732	/	( ( (6779527.701 - 3375367.237)	+	(7473978.855 - 3057764.278) )	/ 2 )
	=	253085.732	/	( (3404160.464	+	4416214.577)	/ 2 )
	=	253085.732	/	3910187.5205
	=	6.47 %

Song Da Urban & Industrial Zone Investment And Development 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 )
	=	239652.496	/	( ( (7473978.855 - 3057764.278)	+	(7580303.896 - 2943150.663) )	/ 2 )
	=	239652.496	/	( ( 4416214.577	+	4637153.233 )	/ 2 )
	=	239652.496	/	4526683.905
	=	5.29 %

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

Song Da Urban & Industrial Zone Investment And Development JSC (STC:SJS) 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.

Song Da Urban & Industrial Zone Investment And Development JSC ROCE % Related Terms

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Song Da Urban & Industrial Zone Investment And Development JSC (STC:SJS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Song Da Urban & Industrial Zone Investment And Development JSC (STC:SJS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Floor 1,2, CT1 Building, My Dinh Urban Area, Me Tri, Tu Liem, Hanoi, VNM

Website

http://www.sudicosd.com.vn

Song Da Urban & Industrial Zone Investment And Development JSC is engaged in the investment and development of real estate properties in the urban and industrial areas in Vietnam.

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