CXI Healthcare Technology Group (XKRX:900120) ROIC % : -3.14% (As of Dec. 2024)

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What is CXI Healthcare Technology Group ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. CXI Healthcare Technology Group's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2024 was -3.14%.

As of today (2025-04-03), CXI Healthcare Technology Group's WACC % is 6.27%. CXI Healthcare Technology Group's ROIC % is 5.53% (calculated using TTM income statement data). CXI Healthcare Technology Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

CXI Healthcare Technology Group ROIC % Historical Data

The historical data trend for CXI Healthcare Technology Group's ROIC % 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.

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CXI Healthcare Technology Group ROIC % Chart

CXI Healthcare Technology Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROIC %

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-45.44

1.85

1.79

2.12

5.89

CXI Healthcare Technology Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROIC %	Get a 7-Day Free Trial															-2.06	-1.58	19.04	7.59	-3.14

Competitive Comparison of CXI Healthcare Technology Group's ROIC %

For the Drug Manufacturers - Specialty & Generic subindustry, CXI Healthcare Technology Group's ROIC %, along with its competitors' market caps and ROIC % 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.

CXI Healthcare Technology Group's ROIC % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CXI Healthcare Technology Group's ROIC % distribution charts can be found below:

* The bar in red indicates where CXI Healthcare Technology Group's ROIC % falls into.

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CXI Healthcare Technology Group ROIC % Calculation

CXI Healthcare Technology Group's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Jun. 2024 is calculated as:

	ROIC % (A: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Jun. 2023 )	+	Invested Capital (A: Jun. 2024 ))	/ count )
=	18865.412 * ( 1 - 0% )	/	( (319105.867	+	321671.35)	/ 2 )
=	18865.412	/	320388.6085
=	5.89 %

where

	Invested Capital		(A: Jun. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	415973.392	-	2242.941	-	( 94624.584	-	max(0, 2795.409	-	121300.282	+	94624.584	))
=	319105.867

	Invested Capital		(A: Jun. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	483860.465	-	2276.016	-	( 159913.099	-	max(0, 2562.053	-	187117.983	+	159913.099	))
=	321671.35

CXI Healthcare Technology Group's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2024 is calculated as:

	ROIC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	-9670.012 * ( 1 - 0% )	/	( (305034.539	+	310372.417)	/ 2 )
=	-9670.012	/	307703.478
=	-3.14 %

where

	Invested Capital		(Q: Sep. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	485357.553	-	1907.863	-	( 178415.151	-	max(0, 2043.226	-	196931.919	+	178415.151	))
=	305034.539

	Invested Capital		(Q: Dec. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	515790.398	-	1407.788	-	( 204010.193	-	max(0, 1546.392	-	214249.434	+	204010.193	))
=	310372.417

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

CXI Healthcare Technology Group (XKRX:900120) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, CXI Healthcare Technology Group's WACC % is 6.27%. CXI Healthcare Technology Group's ROIC % is 5.53% (calculated using TTM income statement data).

Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

CXI Healthcare Technology Group ROIC % Related Terms

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CXI Healthcare Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CXI Healthcare Technology Group Ltd (XKRX:900120) » Definitions » ROIC %

Traded in Other Exchanges

N/A

Address

Century Yard, Cricket Square, PO Box 902, 3rd Floor, Grand Cayman, CYM, KY1-1103

Website

http://www.ckhfnh.co.kr

CXI Healthcare Technology Group Ltd is a food manufacturing and distribution company. It operates through subsidiaries that manufacture nutritional supplements. The company's products include Traditional Chinese medicines in the form of a capsule, drinks, and tea. All of its products are marketed only in China.

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