GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Able View Global Inc (NAS:ABLV) » Definitions » 1-Year ROIIC %

ABLV (Able View Global) 1-Year ROIIC % : -56.55% (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Able View Global 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Able View Global's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was -56.55%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Able View Global's 1-Year ROIIC % or its related term are showing as below:

ABLV's 1-Year ROIIC % is ranked worse than
79.17% of 1013 companies
in the Media - Diversified industry
Industry Median: 0.08 vs ABLV: -56.55

Able View Global 1-Year ROIIC % Historical Data

The historical data trend for Able View Global's 1-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.

Able View Global 1-Year ROIIC % Chart

Able View Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
- 407.34 -4.09 -56.55

Able View Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
1-Year ROIIC % Get a 7-Day Free Trial 407.34 - -4.09 3.23 -56.55

Competitive Comparison of Able View Global's 1-Year ROIIC %

For the Advertising Agencies subindustry, Able View Global's 1-Year ROIIC %, along with its competitors' market caps and 1-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.

Able View Global's 1-Year ROIIC % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Able View Global's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Able View Global's 1-Year ROIIC % falls into.


Able View Global 1-Year ROIIC % Calculation

Able View Global's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 11.109714 (Dec. 2023) - 8.5535919 (Dec. 2022) )/( 29.812 (Dec. 2023) - 34.332 (Dec. 2022) )
=2.5561221/-4.52
=-56.55%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.

Able View Global  (NAS:ABLV) 1-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.

Able View Global 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Able View Global's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.

Able View Global Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Able View Global Inc (NAS:ABLV) » Definitions » 1-Year ROIIC %
Comparable Companies
XNET TZOO ADTH STCN MCHX EZOO WIMI FLNT TSQ DRCT XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751
Traded in Other Exchanges
N/A
Address
No. 168, Middle Xizang Road, Floor 16, Dushi Headquarters Building, Shanghai, CHN, 200001
Website
https://www.ableview.com
Able View Global Inc operates as a brand management partner of international beauty and personal care brands in China. It provides full-service solutions covering marketing plan, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment. The firm generates revenue from product sales by distributing and selling cross-border products from various brand owners to Chinese consumers.