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Hing Lee (HK) Holdings (HKSE:00396) 1-Year ROIIC % : -52.80% (As of Dec. 2023)


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What is Hing Lee (HK) Holdings 1-Year ROIIC %?

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. Hing Lee (HK) Holdings's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was -52.80%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Hing Lee (HK) Holdings's 1-Year ROIIC % or its related term are showing as below:

HKSE:00396's 1-Year ROIIC % is ranked worse than
80.1% of 402 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: -2.445 vs HKSE:00396: -52.80

Hing Lee (HK) Holdings 1-Year ROIIC % Historical Data

The historical data trend for Hing Lee (HK) Holdings's 1-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.

Hing Lee (HK) Holdings 1-Year ROIIC % Chart

Hing Lee (HK) Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.51 27.94 920.17 45.40 -52.80

Hing Lee (HK) Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
1-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 920.17 -101.43 45.40 -13.60 -52.80

Competitive Comparison of Hing Lee (HK) Holdings's 1-Year ROIIC %

For the Furnishings, Fixtures & Appliances subindustry, Hing Lee (HK) Holdings'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.


Hing Lee (HK) Holdings's 1-Year ROIIC % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hing Lee (HK) Holdings's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Hing Lee (HK) Holdings's 1-Year ROIIC % falls into.



Hing Lee (HK) Holdings 1-Year ROIIC % Calculation

Hing Lee (HK) Holdings's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -6.879 (Dec. 2023) - -21.878 (Dec. 2022) )/( 157.944 (Dec. 2023) - 186.353 (Dec. 2022) )
=14.999/-28.409
=-52.80%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


Hing Lee (HK) Holdings  (HKSE:00396) 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.


Hing Lee (HK) Holdings 1-Year ROIIC % Related Terms

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Hing Lee (HK) Holdings (HKSE:00396) Business Description

Traded in Other Exchanges
N/A
Address
3 On Yiu Street, Shatin,, Unit 1101, 11th Floor, Delta House, New Territories, Hong Kong, HKG
Hing Lee (Hk) Holdings Ltd is an investment holding company principally engaged in the furniture business. The Company is engaged in the design, manufacture, sale and marketing of residential furniture products, mainly including wooden furniture, sofas, and mattresses. The Company is also engaged in the provision of layout design and decoration services, marketing services related to product display, and licensing of its own brand and product designs.
Executives
Sung Kai Hing 2101 Beneficial owner
Wong Wai King 2202 Interest of your spouse

Hing Lee (HK) Holdings (HKSE:00396) Headlines

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