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Mainland Headwear Holdings (HKSE:01100) 1-Year ROIIC % : 198.26% (As of Dec. 2023)


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What is Mainland Headwear 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. Mainland Headwear Holdings's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 198.26%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:01100's 1-Year ROIIC % is ranked better than
92.7% of 753 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.44 vs HKSE:01100: 198.26

Mainland Headwear Holdings 1-Year ROIIC % Historical Data

The historical data trend for Mainland Headwear 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.

Mainland Headwear Holdings 1-Year ROIIC % Chart

Mainland Headwear 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 -8.29 -3.20 45.18 50.78 198.26

Mainland Headwear 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 45.18 11.16 50.78 -142.00 198.26

Competitive Comparison of Mainland Headwear Holdings's 1-Year ROIIC %

For the Footwear & Accessories subindustry, Mainland Headwear 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.


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

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

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



Mainland Headwear Holdings 1-Year ROIIC % Calculation

Mainland Headwear 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
=( 85.1511704 (Dec. 2023) - 222.4673902 (Dec. 2022) )/( 1327.678 (Dec. 2023) - 1396.937 (Dec. 2022) )
=-137.3162198/-69.259
=198.26%***

* 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.


Mainland Headwear Holdings  (HKSE:01100) 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.


Mainland Headwear Holdings 1-Year ROIIC % Related Terms

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Mainland Headwear Holdings (HKSE:01100) Business Description

Traded in Other Exchanges
N/A
Address
18 Sheung Yuet Road, Rooms 2301–2305, 23rd Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Mainland Headwear Holdings Ltd is an investment holding company. The group is mainly engaged in the design, manufacture, and retail of quality casual headwear. The firm operates in two segments including Manufacturing and Trading. In the Manufacturing segment, it manufactures headwear products for sale to its Trading and Retail Business as well as to external customers. The trading segment includes trading and distribution of headwear, apparel, small leather goods, bags and accessories. The firm sells its products in overseas countries with the US as the main market, followed by the European market. The key revenue is derived from the Manufacturing segment.

Mainland Headwear Holdings (HKSE:01100) Headlines

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