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National Electronics Holdings (HKSE:00213) 3-Year ROIIC % : -0.90% (As of Mar. 2023)


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What is National Electronics Holdings 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. National Electronics Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was -0.90%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for National Electronics Holdings's 3-Year ROIIC % or its related term are showing as below:

HKSE:00213's 3-Year ROIIC % is ranked worse than
57.21% of 1061 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.56 vs HKSE:00213: -0.90

National Electronics Holdings 3-Year ROIIC % Historical Data

The historical data trend for National Electronics Holdings's 3-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.

National Electronics Holdings 3-Year ROIIC % Chart

National Electronics Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.77 -11.70 7.67 -0.14 -0.90

National Electronics Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
3-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 - -0.14 - -0.90 -

Competitive Comparison of National Electronics Holdings's 3-Year ROIIC %

For the Footwear & Accessories subindustry, National Electronics Holdings's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


National Electronics Holdings's 3-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, National Electronics Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where National Electronics Holdings's 3-Year ROIIC % falls into.



National Electronics Holdings 3-Year ROIIC % Calculation

National Electronics Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -53.0930943 (Mar. 2023) - -36.584228 (Mar. 2020) )/( 7731.116 (Mar. 2023) - 5890.435 (Mar. 2020) )
=-16.5088663/1840.681
=-0.90%***

* 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 3-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.


National Electronics Holdings  (HKSE:00213) 3-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.


National Electronics Holdings 3-Year ROIIC % Related Terms

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National Electronics Holdings (HKSE:00213) Business Description

Traded in Other Exchanges
N/A
Address
11 Pedder Street, The Landmark, Suite 3201, Gloucester Tower, Central, Hong Kong, HKG
National Electronics Holdings Ltd is an investment holding company. The company's operating segment includes the Manufacture of watches and trading of watch movements, Property development and investment, and Hotel operation. The property development and investment segment includes the development and sale of properties and the holding of properties for investment and leasing purposes. The company generates the majority of its revenue from sales of watches. The company has a Geographically presence in North America, Hong Kong, China, Europe, and Other Countries.
Executives
Lee Loewe Bon Chi
Lee Yuen Ching Jimmy
Fenmore Investments Limited 2101 Beneficial owner
Hsbc International Trustee Limited 2301 Trustee
Americus Holdings Limited 2101 Beneficial owner

National Electronics Holdings (HKSE:00213) Headlines

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