Vietnam Container Shipping JSC (STC:VSC) ROCE % : 12.11% (As of Mar. 2024)

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What is Vietnam Container Shipping 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. Vietnam Container Shipping JSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 12.11%.

Vietnam Container Shipping JSC ROCE % Historical Data

The historical data trend for Vietnam Container Shipping 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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Vietnam Container Shipping JSC ROCE % Chart

Vietnam Container Shipping JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.43

15.68

20.99

14.98

9.99

Vietnam Container Shipping 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															8.64	8.58	10.58	11.49	12.11

Vietnam Container Shipping JSC ROCE % Calculation

Vietnam Container Shipping 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 )
	=	435577.443	/	( ( (4366810.324 - 433716.637)	+	(5190925.854 - 403171.566) )	/ 2 )
	=	435577.443	/	( (3933093.687	+	4787754.288)	/ 2 )
	=	435577.443	/	4360423.9875
	=	9.99 %

Vietnam Container Shipping 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 )
	=	586165.86	/	( ( (5190925.854 - 403171.566)	+	(5334073.124 - 437710.11) )	/ 2 )
	=	586165.86	/	( ( 4787754.288	+	4896363.014 )	/ 2 )
	=	586165.86	/	4842058.651
	=	12.11 %

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

Vietnam Container Shipping JSC (STC:VSC) 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.

Vietnam Container Shipping JSC ROCE % Related Terms

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Vietnam Container Shipping JSC (STC:VSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Vietnam Container Shipping JSC (STC:VSC) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 11 Vo Thi Sau Street, Ngo Quyen District, Hai Phong, VNM

Website

http://www.viconship.com

Vietnam Container Shipping JSC is a freight forwarder and shipping agency company in Vietnam. The company offers integrated logistics solution to its clients. It has its own container terminal, warehouse, trucking lines for container and conventional cargo moving services. The service portfolio offered by the company includes container services, multimodal transport, agencies, C/Y operation and seaport operational service.

Vietnam Container Shipping JSC (STC:VSC) Headlines

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