Hebei Hengshui Laobaigan Liquor Co 1-Year ROIIC % | SHSE:600559 – GuruFocus.com

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1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year.
Hebei Hengshui Laobaigan Liquor Co’s 1-Year ROIIC % for the quarter that ended in Jun. 2022 was 40.26%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Hebei Hengshui Laobaigan Liquor Co’s 1-Year ROIIC % or its related term are showing as below:

Competitive Comparison

For the Beverages – Wineries & Distilleries subindustry, Hebei Hengshui Laobaigan Liquor Co’s 1-Year ROIIC %, along with its competitors’ market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that “N/A” values will not show up in the chart.

Annual Data

   
Quarterly Data

Hebei Hengshui Laobaigan Liquor Co 1-Year ROIIC % Distribution

For the Beverages – Alcoholic industry and Consumer Defensive sector, Hebei Hengshui Laobaigan Liquor Co’s 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Hebei Hengshui Laobaigan Liquor Co’s 1-Year ROIIC % falls into.

Hebei Hengshui Laobaigan Liquor Co 1-Year ROIIC % Calculation

Hebei Hengshui Laobaigan Liquor Co’s 1-Year ROIIC % for the quarter that ended in is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)/1-Year Incremental Invested Capital

=( 610.0910568 (Jun. 2022) – 332.6163346 (Jun. 2021) )/( 5511.897 (Jun. 2022) – 4822.621 (Jun. 2021) )

=277.4747222/689.276

=40.26 %

* 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.

While calculating 1-Year ROIIC %, twelve months (TTM) data for NOPAT will be applied if latest quarterly financials are available after its last annual reports. Otherwise, annual data will be used.

Hebei Hengshui Laobaigan Liquor Co  (SHSE:600559) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It’s important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

Hebei Hengshui Laobaigan Liquor Co 1-Year ROIIC % Related Terms

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