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Easyhome New Retail Group Co (SZSE:000785) 3-Year ROIIC % : 23.50% (As of Dec. 2023)


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What is Easyhome New Retail Group Co 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. Easyhome New Retail Group Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 23.50%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Easyhome New Retail Group Co's 3-Year ROIIC % or its related term are showing as below:

SZSE:000785's 3-Year ROIIC % is ranked better than
72.85% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 2.83 vs SZSE:000785: 23.50

Easyhome New Retail Group Co 3-Year ROIIC % Historical Data

The historical data trend for Easyhome New Retail Group Co'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.

Easyhome New Retail Group Co 3-Year ROIIC % Chart

Easyhome New Retail Group Co 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 8.41 2.88 4.85 0.75 23.50

Easyhome New Retail Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 23.50 -

Competitive Comparison of Easyhome New Retail Group Co's 3-Year ROIIC %

For the Department Stores subindustry, Easyhome New Retail Group Co'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.


Easyhome New Retail Group Co's 3-Year ROIIC % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Easyhome New Retail Group Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Easyhome New Retail Group Co's 3-Year ROIIC % falls into.



Easyhome New Retail Group Co 3-Year ROIIC % Calculation

Easyhome New Retail Group Co'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**
=( 1588.6509588 (Dec. 2023) - 1555.3800704 (Dec. 2020) )/( 52661.66 (Dec. 2023) - 52520.054 (Dec. 2020) )
=33.2708884/141.60600000001
=23.50%***

* 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.


Easyhome New Retail Group Co  (SZSE:000785) 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.


Easyhome New Retail Group Co 3-Year ROIIC % Related Terms

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Easyhome New Retail Group Co (SZSE:000785) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Zhongnan Road, Wuchang District, Hubei Province, Wuhan, CHN, 430071
Easyhome New Retail Group Co Ltd, formerly Wuhan Zhongnan Commercial Group Co Ltd is a China-based commercial and retailing company. It is mainly engaged in commercial property development, shopping mall decoration, and e-commerce business. The company owns department stores, shopping mall, cheap supermarkets, hypermarkets and retail store with China Merchants Plaza Shopping Center, China Merchants Xudong Cheap Price Plaza and Wuhan Pinpin. The firm is also engaged in shop leasing and project development business.
Executives
Zhang Jian Director
Du Xue Gang Executives
Hao Jian Director
Chen Liang Directors, executives
Wang Ning Directors, executives
Li Xuan Xuan Executives
Zhu Chan Fei Executives
Gao Ya Qi Secretary Dong
Chen Chen Executives
Wang Peng Executives
Wang Lin Peng Directors, executives
Li Tao Director
Ren Qu Supervisors
Xiao Shu Gang Supervisors
Niu Bo Xia Supervisors

Easyhome New Retail Group Co (SZSE:000785) Headlines

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