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Aowei Holding (HKSE:01370) 10-Year ROIIC % : -75.01% (As of Dec. 2023)


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What is Aowei Holding 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. Aowei Holding's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was -75.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Aowei Holding's 10-Year ROIIC % or its related term are showing as below:

HKSE:01370's 10-Year ROIIC % is ranked worse than
94.89% of 587 companies
in the Steel industry
Industry Median: 5.29 vs HKSE:01370: -75.01

Aowei Holding 10-Year ROIIC % Historical Data

The historical data trend for Aowei Holding'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.

Aowei Holding 10-Year ROIIC % Chart

Aowei Holding 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 - - - -2.17 -75.01

Aowei Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - -2.17 - -75.01

Competitive Comparison of Aowei Holding's 10-Year ROIIC %

For the Steel subindustry, Aowei Holding'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.


Aowei Holding's 10-Year ROIIC % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aowei Holding's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Aowei Holding's 10-Year ROIIC % falls into.



Aowei Holding 10-Year ROIIC % Calculation

Aowei Holding'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**
=( -41.5013346 (Dec. 2023) - 568.2589389 (Dec. 2013) )/( 2474.15 (Dec. 2023) - 1661.207 (Dec. 2013) )
=-609.7602735/812.943
=-75.01%***

* 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.


Aowei Holding  (HKSE:01370) 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.


Aowei Holding 10-Year ROIIC % Related Terms

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Aowei Holding (HKSE:01370) Business Description

Traded in Other Exchanges
N/A
Address
No. 91 Guangping Avenue, Laiyuan County, Hebei Province, Baoding, CHN, 074300
Aowei Holding Ltd is engaged in the exploration, mining, processing, and trading of iron ore products and the provision of hospital management service in the People's Republic of China (PRC). The company owns and operates mines that are located in the Hebei Province, through which it produces iron ore and steel in the PRC. Its major product offering includes iron ores, and iron ore concentrates that are processed at Gufen Mine, Wang'ergou Mine and Shuanmazhuang Mine and preliminary concentrates and iron ores processed at and recovered from Zhijiazhuang Mine. Its segments include Mining segment and Medical segment. The company generates majority of its from Mining segment.

Aowei Holding (HKSE:01370) Headlines

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