Domesco Medical Import Export JSC (STC:DMC) ROCE % : 13.29% (As of Mar. 2024)

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What is Domesco Medical Import Export 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. Domesco Medical Import Export JSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 13.29%.

Domesco Medical Import Export JSC ROCE % Historical Data

The historical data trend for Domesco Medical Import Export 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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Domesco Medical Import Export JSC ROCE % Chart

Domesco Medical Import Export JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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24.50

17.51

13.90

16.60

12.31

Domesco Medical Import Export 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															11.19	16.67	15.49	7.17	13.29

Domesco Medical Import Export JSC ROCE % Calculation

Domesco Medical Import Export 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 )
	=	183443.489	/	( ( (1837977.136 - 378327.564)	+	(1849165.632 - 328270.741) )	/ 2 )
	=	183443.489	/	( (1459649.572	+	1520894.891)	/ 2 )
	=	183443.489	/	1490272.2315
	=	12.31 %

Domesco Medical Import Export 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 )
	=	204880.512	/	( ( (1849165.632 - 328270.741)	+	(1889948.623 - 328093.217) )	/ 2 )
	=	204880.512	/	( ( 1520894.891	+	1561855.406 )	/ 2 )
	=	204880.512	/	1541375.1485
	=	13.29 %

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

Domesco Medical Import Export JSC (STC:DMC) 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.

Domesco Medical Import Export JSC ROCE % Related Terms

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Domesco Medical Import Export JSC (STC:DMC) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Domesco Medical Import Export JSC (STC:DMC) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

66 National Road, My Phu Ward, Cao Lanh City, Dong Thap, VNM

Website

http://www.domesco.com

Domesco Medical Import Export JSC is engaged in producing, trading, importing and exporting pharmaceutical products and materials for the manufacture of a medicine for human, medical equipment, experimental chemicals, drinking water, mineral water and drinking water from medicine, wine, functional food, and nutritious food.

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