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Greatime International Holdings (HKSE:00844) 1-Year ROIIC % : -5.63% (As of Dec. 2023)


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What is Greatime International Holdings 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. Greatime International Holdings's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was -5.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Greatime International Holdings's 1-Year ROIIC % or its related term are showing as below:

HKSE:00844's 1-Year ROIIC % is ranked worse than
60.08% of 1052 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.835 vs HKSE:00844: -5.63

Greatime International Holdings 1-Year ROIIC % Historical Data

The historical data trend for Greatime International Holdings'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.

Greatime International Holdings 1-Year ROIIC % Chart

Greatime International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -762.43 -670.89 334.66 -19.92 -5.63

Greatime International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
1-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 334.66 46.64 -19.92 -608.78 -5.63

Competitive Comparison of Greatime International Holdings's 1-Year ROIIC %

For the Apparel Manufacturing subindustry, Greatime International Holdings'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.


Greatime International Holdings's 1-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Greatime International Holdings's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Greatime International Holdings's 1-Year ROIIC % falls into.



Greatime International Holdings 1-Year ROIIC % Calculation

Greatime International Holdings'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
=( -6.3309424 (Dec. 2023) - -0.144171 (Dec. 2022) )/( 424.652 (Dec. 2023) - 314.731 (Dec. 2022) )
=-6.1867714/109.921
=-5.63%***

* 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.


Greatime International Holdings  (HKSE:00844) 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.


Greatime International Holdings 1-Year ROIIC % Related Terms

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Greatime International Holdings (HKSE:00844) Business Description

Traded in Other Exchanges
N/A
Address
No. 102 Renmin Dong Road, Shandong Province, Zhucheng, CHN
Greatime International Holdings Ltd is a Hong Kong-based investment holding company principally engaged in the manufacture and sales of innerwear and fabrics. The company's operating segment includes Innerwear Products segment and Knitted Fabrics segment. Innerwear Products segment is engaged in the manufacturing and sale of and provision of processing services on innerwear and garments. Its products include underwear and underpants for men and women and bibs for infants, among others. Knitted Fabrics segment is engaged in the manufacturing and sale of and provision of processing services on knitted fabrics. The company operates businesses in Japan, the People's Republic of China, United States, Africa, Italy, Myanmar, and Hong Kong.
Executives
Wang Guangxi
Nan Jing Yong Tai Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Yong Tai Ke Ji Tou Zi You Xian Gong Si
Yong Tai Ji Tuan You Xian Gong Si Yong Tai Kong Gu Ji Tuan You Xian Gong Si
Junfun Investment Limited 2101 Beneficial owner
Guo Tianshu
Joint Full International Limited

Greatime International Holdings (HKSE:00844) Headlines

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