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Harvest Miracle Capital Bhd (XKLS:0060) 3-Year ROIIC % : 3.40% (As of Mar. 2023)


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What is Harvest Miracle Capital Bhd 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. Harvest Miracle Capital Bhd's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 3.40%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Harvest Miracle Capital Bhd's 3-Year ROIIC % or its related term are showing as below:

XKLS:0060's 3-Year ROIIC % is ranked better than
52.86% of 2603 companies
in the Software industry
Industry Median: 1.47 vs XKLS:0060: 3.40

Harvest Miracle Capital Bhd 3-Year ROIIC % Historical Data

The historical data trend for Harvest Miracle Capital Bhd'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.

Harvest Miracle Capital Bhd 3-Year ROIIC % Chart

Harvest Miracle Capital Bhd Annual Data
Trend Dec12 Dec13 Dec14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -11.11 1.77 0.13 3.40

Harvest Miracle Capital Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 3.40 - - -

Competitive Comparison of Harvest Miracle Capital Bhd's 3-Year ROIIC %

For the Information Technology Services subindustry, Harvest Miracle Capital Bhd'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.


Harvest Miracle Capital Bhd's 3-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, Harvest Miracle Capital Bhd's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Harvest Miracle Capital Bhd's 3-Year ROIIC % falls into.



Harvest Miracle Capital Bhd 3-Year ROIIC % Calculation

Harvest Miracle Capital Bhd'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**
=( -2.7732075 (Mar. 2023) - -6.0190455 (Mar. 2020) )/( 252.972 (Mar. 2023) - 157.385 (Mar. 2020) )
=3.245838/95.587
=3.40%***

* 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.


Harvest Miracle Capital Bhd  (XKLS:0060) 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.


Harvest Miracle Capital Bhd 3-Year ROIIC % Related Terms

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Harvest Miracle Capital Bhd (XKLS:0060) Business Description

Traded in Other Exchanges
Address
No 685, Jalan Damansara, TTDI, 9-3A, Oval Tower, Damansara, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000
Harvest Miracle Capital Bhd is an investment holding company. It operates in seven segments that are IT and ICT, Property Construction, Investment Properties, Property development, Plantation, Money lending business, and Investment holding. It generates the vast majority of its revenue from the IT and ICT segment that is engaged in trading in IT and ICT-related products and software development and support services and others. Its product categories include the Vacuum valve and Rupture Disk. Geographically, it operates only in Malaysia.

Harvest Miracle Capital Bhd (XKLS:0060) Headlines

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