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Hanon Advanced Technology Group Co (BJSE:430476) 10-Year ROIIC % : 10.96% (As of Dec. 2023)


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What is Hanon Advanced Technology Group Co 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Hanon Advanced Technology Group Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 10.96%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Hanon Advanced Technology Group Co's 10-Year ROIIC % or its related term are showing as below:

BJSE:430476's 10-Year ROIIC % is ranked better than
65.97% of 2283 companies
in the Hardware industry
Industry Median: 4.23 vs BJSE:430476: 10.96

Hanon Advanced Technology Group Co 10-Year ROIIC % Historical Data

The historical data trend for Hanon Advanced Technology Group Co's 10-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.

Hanon Advanced Technology Group Co 10-Year ROIIC % Chart

Hanon Advanced Technology Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 13.27 13.24 10.96

Hanon Advanced Technology Group Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
10-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 - 10.96 - - -

Competitive Comparison of Hanon Advanced Technology Group Co's 10-Year ROIIC %

For the Scientific & Technical Instruments subindustry, Hanon Advanced Technology Group Co's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


Hanon Advanced Technology Group Co's 10-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hanon Advanced Technology Group Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Hanon Advanced Technology Group Co's 10-Year ROIIC % falls into.



Hanon Advanced Technology Group Co 10-Year ROIIC % Calculation

Hanon Advanced Technology Group Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 41.0619792 (Dec. 2023) - 2.6745268 (Dec. 2013) )/( 351.372 (Dec. 2023) - 1.084 (Dec. 2013) )
=38.3874524/350.288
=10.96%***

* 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 10-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.


Hanon Advanced Technology Group Co  (BJSE:430476) 10-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.


Hanon Advanced Technology Group Co 10-Year ROIIC % Related Terms

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Hanon Advanced Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7000, Jingshi Road, 4th Floor, Building 1, Block A3, Hanyu Golden Valley, High-tech Zone, Shandong Province, Jinan City, CHN, 250101
Hanon Advanced Technology Group Co Ltd engages in research and development, production, and sales of experimental analysis instruments. Its product comprises High-Performance Liquid Chromatography, organic element analysis, sample pretreatment, physical optics, electrochemistry, general lab equipment, pumps, and valves.

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