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QuMei Home Furnishings Group Co (SHSE:603818) 10-Year ROIIC % : -1.25% (As of Dec. 2023)


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What is QuMei Home Furnishings Group Co 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. QuMei Home Furnishings Group Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was -1.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for QuMei Home Furnishings Group Co's 10-Year ROIIC % or its related term are showing as below:

SHSE:603818's 10-Year ROIIC % is ranked worse than
62.85% of 393 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.81 vs SHSE:603818: -1.25

QuMei Home Furnishings Group Co 10-Year ROIIC % Historical Data

The historical data trend for QuMei Home Furnishings Group Co's 10-Year ROIIC % 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.

* Premium members only.

QuMei Home Furnishings Group Co 10-Year ROIIC % Chart

QuMei Home Furnishings Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5.09 1.50 -1.25

QuMei Home Furnishings Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
10-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - -1.25 -

Competitive Comparison of QuMei Home Furnishings Group Co's 10-Year ROIIC %

For the Furnishings, Fixtures & Appliances subindustry, QuMei Home Furnishings Group Co's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


QuMei Home Furnishings Group Co's 10-Year ROIIC % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, QuMei Home Furnishings Group Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where QuMei Home Furnishings Group Co's 10-Year ROIIC % falls into.



QuMei Home Furnishings Group Co 10-Year ROIIC % Calculation

QuMei Home Furnishings Group Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 54.7105734 (Dec. 2023) - 115.8818733 (Dec. 2013) )/( 5625.34 (Dec. 2023) - 734.094 (Dec. 2013) )
=-61.1712999/4891.246
=-1.25%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


QuMei Home Furnishings Group Co  (SHSE:603818) 10-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.


QuMei Home Furnishings Group Co 10-Year ROIIC % Related Terms

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QuMei Home Furnishings Group Co (SHSE:603818) Business Description

Traded in Other Exchanges
N/A
Address
No. 51, Wangjing North Road, Building 8, Chaoyang District, Beijing, CHN, 100102
QuMei Home Furnishings Group Co Ltd is mainly engaged in the design, production, and sales of medium and high-end civilian furniture and supporting household products, providing consumers with a whole home. It offers wooden furniture including solid wood furniture, man-made board furniture, and integrated furniture. Its products are divided into custom furniture, finished furniture and home accessories by category, divided into solid wood and board wood according to materials.
Executives
Zhao Rui Hai Director
Zhao Rui Bin Director
Wu Na Ni Director
Xie Wen Bin Director
Zhao Rui Jie Director
Sun Hai Feng Director
Rao Shui Yuan Director
Wang Li Ping Supervisors
Xu Guo Jun Supervisors

QuMei Home Furnishings Group Co (SHSE:603818) Headlines

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