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Mayinglong Pharmaceutical Group Co (SHSE:600993) 10-Year ROIIC % : 85.95% (As of Dec. 2024)


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What is Mayinglong Pharmaceutical 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. Mayinglong Pharmaceutical Group Co's 10-Year ROIIC % for the quarter that ended in Dec. 2024 was 85.95%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SHSE:600993's 10-Year ROIIC % is ranked better than
93.59% of 921 companies
in the Drug Manufacturers industry
Industry Median: 3.8 vs SHSE:600993: 85.95

Mayinglong Pharmaceutical Group Co 10-Year ROIIC % Historical Data

The historical data trend for Mayinglong Pharmaceutical 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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Mayinglong Pharmaceutical Group Co 10-Year ROIIC % Chart

Mayinglong Pharmaceutical Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.25 60.55 48.42 40.71 85.95

Mayinglong Pharmaceutical Group Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 40.71 - - - 85.95

Competitive Comparison of Mayinglong Pharmaceutical Group Co's 10-Year ROIIC %

For the Drug Manufacturers - Specialty & Generic subindustry, Mayinglong Pharmaceutical 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.


Mayinglong Pharmaceutical Group Co's 10-Year ROIIC % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Mayinglong Pharmaceutical Group Co's 10-Year ROIIC % distribution charts can be found below:

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


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Mayinglong Pharmaceutical Group Co 10-Year ROIIC % Calculation

Mayinglong Pharmaceutical Group Co's 10-Year ROIIC % for the quarter that ended in Dec. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 516.1288704 (Dec. 2024) - 162.7847632 (Dec. 2014) )/( 1496.242 (Dec. 2024) - 1085.129 (Dec. 2014) )
=353.3441072/411.113
=85.95%***

* 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.


Mayinglong Pharmaceutical Group Co  (SHSE:600993) 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.


Mayinglong Pharmaceutical Group Co 10-Year ROIIC % Related Terms

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Mayinglong Pharmaceutical Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 100 Zhoujiawan, Nanhu, Wuchang District, Wuhan, Hubei, CHN, 430064
Mayinglong Pharmaceutical Group Co Ltd is a China-based company mainly involved in pharmaceutical development, retailing and wholesaling. The company provides ointments, suppositories, and tablets for hemorrhoids.

Mayinglong Pharmaceutical Group Co Headlines

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