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Qilu Expressway Company (HKSE:01576) 1-Year ROIIC % : -6.54% (As of Dec. 2023)


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What is Qilu Expressway Company 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. Qilu Expressway Company's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was -6.54%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Qilu Expressway Company's 1-Year ROIIC % or its related term are showing as below:

HKSE:01576's 1-Year ROIIC % is ranked worse than
64.88% of 1475 companies
in the Construction industry
Industry Median: 4.94 vs HKSE:01576: -6.54

Qilu Expressway Company 1-Year ROIIC % Historical Data

The historical data trend for Qilu Expressway Company'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.

Qilu Expressway Company 1-Year ROIIC % Chart

Qilu Expressway Company Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only 7.22 15.92 -106.49 -14.21 -6.54

Qilu Expressway Company Semi-Annual Data
Dec15 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 -106.49 -20.96 -14.21 -10.69 -6.54

Competitive Comparison of Qilu Expressway Company's 1-Year ROIIC %

For the Infrastructure Operations subindustry, Qilu Expressway Company'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.


Qilu Expressway Company's 1-Year ROIIC % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Qilu Expressway Company's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Qilu Expressway Company's 1-Year ROIIC % falls into.



Qilu Expressway Company 1-Year ROIIC % Calculation

Qilu Expressway Company'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
=( 575.5655694 (Dec. 2023) - 906.13271 (Dec. 2022) )/( 14505.215 (Dec. 2023) - 9453.4 (Dec. 2022) )
=-330.5671406/5051.815
=-6.54%***

* 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.


Qilu Expressway Company  (HKSE:01576) 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.


Qilu Expressway Company 1-Year ROIIC % Related Terms

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Qilu Expressway Company (HKSE:01576) Business Description

Traded in Other Exchanges
N/A
Address
No. 7000, Jingshi East Road, Zone 3, Hanyu Financial & Business Centre, Room 2301, Block 4, High-tech Zone, Shandong Province, Jinan, CHN
Qilu Expressway Company Ltd is an expressway operator in Shandong province with the concession rights to construct, maintain, operate and management of the Jihe Expressway, the Deshang Expressway and the Shennan Expressway. It has only one reportable segment, Expressway Business. Its operations are located in Mainland China.

Qilu Expressway Company (HKSE:01576) Headlines

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