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China Travel International Investment Hong Kong (HKSE:00308) 3-Year ROIIC % : 53.25% (As of Dec. 2023)


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What is China Travel International Investment Hong Kong 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. China Travel International Investment Hong Kong's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 53.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for China Travel International Investment Hong Kong's 3-Year ROIIC % or its related term are showing as below:

HKSE:00308's 3-Year ROIIC % is ranked better than
76.36% of 808 companies
in the Travel & Leisure industry
Industry Median: 5.275 vs HKSE:00308: 53.25

China Travel International Investment Hong Kong 3-Year ROIIC % Historical Data

The historical data trend for China Travel International Investment Hong Kong'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.

China Travel International Investment Hong Kong 3-Year ROIIC % Chart

China Travel International Investment Hong Kong Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.66 -34.42 63.64 -42.26 53.25

China Travel International Investment Hong Kong Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 63.64 - -42.26 - 53.25

Competitive Comparison of China Travel International Investment Hong Kong's 3-Year ROIIC %

For the Leisure subindustry, China Travel International Investment Hong Kong'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.


China Travel International Investment Hong Kong's 3-Year ROIIC % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Travel International Investment Hong Kong's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where China Travel International Investment Hong Kong's 3-Year ROIIC % falls into.



China Travel International Investment Hong Kong 3-Year ROIIC % Calculation

China Travel International Investment Hong Kong's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 226.6093722 (Dec. 2023) - -749.2328801 (Dec. 2020) )/( 20006.198 (Dec. 2023) - 18173.68 (Dec. 2020) )
=975.8422523/1832.518
=53.25%***

* 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 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.


China Travel International Investment Hong Kong  (HKSE:00308) 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.


China Travel International Investment Hong Kong 3-Year ROIIC % Related Terms

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China Travel International Investment Hong Kong (HKSE:00308) Business Description

Traded in Other Exchanges
Address
78-83 Connaught Road Central, 12th Floor, CTS House, Hong Kong, HKG
China Travel International Investment Hong Kong Ltd is a holding company focused on leisure investments. The company has four primary divisions: travel agency and related operations, tourist attractions, hotels, and passenger transportation services. It derives revenue from its travel agency, tourist attraction, and hotel operations. Travel agency and related operations include the company's travel agency and travel document businesses. Tourist attraction operations, which comprise the largest portion of company revenue, include theme parks, resorts, and scenic destinations. Hotel operations include hotel accommodation, food, and beverage services. The company generates the vast majority of revenue in Hong Kong and mainland China.
Executives
Kwok Hoi Hing 2101 Beneficial owner
Zhong Guo Lv You Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

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