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.
Sinotruk (Hong Kong)'s 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 25.62%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Sinotruk (Hong Kong)'s 10-Year ROIIC % or its related term are showing as below:
FRA:4SK's 10-Year ROIIC % is ranked better than 85.05% of 194
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 5.855
vs FRA:4SK: 25.62
Sinotruk (Hong Kong) 10-Year ROIIC % Historical Data
The historical data trend for Sinotruk (Hong Kong)'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.
Competitive Comparison of Sinotruk (Hong Kong)'s 10-Year ROIIC %
For the Farm & Heavy Construction Machinery subindustry, Sinotruk (Hong Kong)'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.
Sinotruk (Hong Kong)'s 10-Year ROIIC % Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Sinotruk (Hong Kong)'s 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Sinotruk (Hong Kong)'s 10-Year ROIIC % falls into.
Sinotruk (Hong Kong) 10-Year ROIIC % Calculation
Sinotruk (Hong Kong)'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)**
* 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.
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.
Sinotruk (Hong Kong) 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Sinotruk (Hong Kong)'s 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sinotruk (Hong Kong) Ltd is an investment holding company. The company manages its business in four segments: Heavy Duty Trucks, which includes manufacture and sale of heavy-duty trucks, medium-heavy duty trucks, and related components; Light Duty Trucks & Others, which manufacture and sell of light-duty trucks, buses, etc. and related components; Engines segment manufactures engines & related parts; and Finance Segment. The vast majority of its revenue comes from the Heavy-duty trucks segment. Its geographical segments are Mainland China and Overseas.
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