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Wanguo Gold Group (HKSE:03939) 1-Year ROIIC % : 262.57% (As of Jun. 2024)


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What is Wanguo Gold Group 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. Wanguo Gold Group's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was 262.57%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Wanguo Gold Group's 1-Year ROIIC % or its related term are showing as below:

HKSE:03939's 1-Year ROIIC % is ranked better than
89.46% of 2429 companies
in the Metals & Mining industry
Industry Median: -1.37 vs HKSE:03939: 262.57

Wanguo Gold Group 1-Year ROIIC % Historical Data

The historical data trend for Wanguo Gold Group'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.

Wanguo Gold Group 1-Year ROIIC % Chart

Wanguo Gold Group 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 55.75 12.66 55.35 -26.69 738.32

Wanguo Gold Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 11.93 -26.69 -63.79 738.32 262.57

Competitive Comparison of Wanguo Gold Group's 1-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Wanguo Gold Group'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.


Wanguo Gold Group's 1-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Wanguo Gold Group's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Wanguo Gold Group's 1-Year ROIIC % falls into.



Wanguo Gold Group 1-Year ROIIC % Calculation

Wanguo Gold Group's 1-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 608.0619 (Jun. 2024) - 309.53 (Jun. 2023) )/( 2146.841 (Jun. 2024) - 2033.144 (Jun. 2023) )
=298.5319/113.697
=262.57%***

* 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.


Wanguo Gold Group  (HKSE:03939) 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.


Wanguo Gold Group 1-Year ROIIC % Related Terms

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Wanguo Gold Group Business Description

Traded in Other Exchanges
Address
Wanguo Mining Area, Xinzhuang Township Yifeng County, Jiangxi Province, Yifeng, CHN
Wanguo Gold Group Ltd formerly, Wanguo International Mining Group Ltd is principally engaged in the business of mining, ore processing, and sale of concentrates products. The concentrates products of the group include Copper concentrates, Iron concentrates, Zinc concentrates, Sulfur concentrates, Lead concentrates as well as by-products of Gold and Silver, among others. Key revenue is derived from the sale of Copper concentrates. The group generates a majority of its revenue from the PRC.
Executives
Jiangxi Copper Corporation Limited 2201 Interest of corporation controlled by you
Shan Dong Heng Bang Ye Lian Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Xi Tong Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
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Gao Mingqing
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Gao Jinzhu
Wang Weimian

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