What is Majestic Dragon AeroTech 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.
Majestic Dragon AeroTech Holdings's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 17.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
HKSE:00918's 1-Year ROIIC % is ranked better than 67.03% of 725
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.39
vs HKSE:00918: 17.99
Majestic Dragon AeroTech Holdings 1-Year ROIIC % Historical Data
* 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.
Competitive Comparison of Majestic Dragon AeroTech Holdings's 1-Year ROIIC %
For the Apparel Manufacturing subindustry, Majestic Dragon AeroTech 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.
Majestic Dragon AeroTech Holdings's 1-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Majestic Dragon AeroTech Holdings's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Majestic Dragon AeroTech Holdings's 1-Year ROIIC % falls into.
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( -12.8044 (Sep. 2024) - 5.1691 (Sep. 2023) )
/
( 300.246 (Sep. 2024) - 400.134 (Sep. 2023) )
=
-17.9735
/
-99.888
=
17.99%***
* 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.
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.
Majestic Dragon AeroTech Holdings 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Majestic Dragon AeroTech Holdings's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Majestic Dragon AeroTech Holdings Business Description
Majestic Dragon AeroTech Holdings Ltd along with its subsidiaries, is principally engaged in the wholesale of consumer products including timepieces and accessories, garment and sportswear products, property investment, and provision of marketing services. Its segment includes Wholesale business Watch, Wholesale business Garment, Property investment, and Unmanned aerial vehicles business. Maximum revenue is generated from the Unmanned aerial vehicles business that sells unmanned aerial vehicles and related parts for fire-fighting, logistics transportation, communication, and agricultural use. Geographically, it derives key revenue from the People's Republic of China followed by the Middle East, Hong Kong, Africa, and Taiwan.
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