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Flat Glass Group Co (HKSE:06865) 10-Year ROIIC % : 8.85% (As of Dec. 2023)


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What is Flat Glass 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. Flat Glass Group Co does not have enough data to calculate 10-Year ROIIC %.


Flat Glass Group Co 10-Year ROIIC % Historical Data

The historical data trend for Flat Glass 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.

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Flat Glass Group Co 10-Year ROIIC % Chart

Flat Glass Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
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Flat Glass Group Co Quarterly Data
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Competitive Comparison of Flat Glass Group Co's 10-Year ROIIC %

For the Building Products & Equipment subindustry, Flat Glass 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.


Flat Glass Group Co's 10-Year ROIIC % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Flat Glass Group Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Flat Glass Group Co's 10-Year ROIIC % falls into.



Flat Glass Group Co 10-Year ROIIC % Calculation

Flat Glass 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**
=( 3607.770015 (Dec. 2023) - (Dec. 2013) )/( 34068.166 (Dec. 2023) - (Dec. 2013) )
=/
=N/A%***

* 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.


Flat Glass Group Co  (HKSE:06865) 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.


Flat Glass Group Co 10-Year ROIIC % Related Terms

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Flat Glass Group Co (HKSE:06865) Business Description

Traded in Other Exchanges
Address
1999 Yunhe Road, Xiuzhou District, Zhejiang Province, Jiaxing, CHN
Flat Glass Group Co Ltd manufactures and sells glass and glass products. The Company operates in six segments: Photovoltaic (PV) Glass, Household Glass, Architectural Glass, Float glass, Mining products, and Other businesses. The majority of revenue is derived from the PV glass segment. Its geographical segments are China, Asia (excluding the PRC and Japan), Europe, North America, and Others.

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