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CIADY (China Mengniu Dairy Co) 10-Year ROIIC % : 6.20% (As of Dec. 2023)


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What is China Mengniu Dairy 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. China Mengniu Dairy Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 6.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for China Mengniu Dairy Co's 10-Year ROIIC % or its related term are showing as below:

CIADY's 10-Year ROIIC % is ranked better than
57.64% of 1681 companies
in the Consumer Packaged Goods industry
Industry Median: 3.65 vs CIADY: 6.20

China Mengniu Dairy Co 10-Year ROIIC % Historical Data

The historical data trend for China Mengniu Dairy 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.

China Mengniu Dairy Co 10-Year ROIIC % Chart

China Mengniu Dairy 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 4.82 3.99 4.16 3.92 6.20

China Mengniu Dairy Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 3.92 - 6.20 -

Competitive Comparison of China Mengniu Dairy Co's 10-Year ROIIC %

For the Packaged Foods subindustry, China Mengniu Dairy 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.


China Mengniu Dairy Co's 10-Year ROIIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Mengniu Dairy Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where China Mengniu Dairy Co's 10-Year ROIIC % falls into.



China Mengniu Dairy Co 10-Year ROIIC % Calculation

China Mengniu Dairy 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**
=( 729.4907242 (Dec. 2023) - 237.2426742 (Dec. 2013) )/( 13564.088 (Dec. 2023) - 5631.339 (Dec. 2013) )
=492.24805/7932.749
=6.21%***

* 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.


China Mengniu Dairy Co  (OTCPK:CIADY) 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.


China Mengniu Dairy Co 10-Year ROIIC % Related Terms

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China Mengniu Dairy Co Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, Causeway Bay, 32nd Floor, COFCO Tower, Hong Kong, HKG
China Mengniu Dairy is China's second-largest dairy producer by market share. The company produces a broad range of dairy products including liquid milk, yogurt, ice cream, milk formula, and cheese. Liquid milk, composed of milk, milk beverages, and yogurt, contributed close to 80% of Mengniu's revenue in 2022. Flagship lineups include Deluxe, Mengniu Pure Milk, Just Yoghurt and Yoyi C. Mengniu also owns two infant formula brands, Yashili and Bellamy, as well as Milkground, a cheese brand.