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Lichen China (Lichen China) 1-Year ROIIC % : 6.84% (As of Dec. 2023)


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What is Lichen China 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. Lichen China's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 6.84%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

LICN's 1-Year ROIIC % is ranked better than
53.34% of 1033 companies
in the Business Services industry
Industry Median: 4.61 vs LICN: 6.84

Lichen China 1-Year ROIIC % Historical Data

The historical data trend for Lichen China'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.

Lichen China 1-Year ROIIC % Chart

Lichen China Annual Data
Trend Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
- -131.75 91.91 6.84

Lichen China Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
1-Year ROIIC % Get a 7-Day Free Trial -131.75 - 91.91 -16.01 6.84

Competitive Comparison of Lichen China's 1-Year ROIIC %

For the Specialty Business Services subindustry, Lichen China'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.


Lichen China's 1-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lichen China's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Lichen China's 1-Year ROIIC % falls into.



Lichen China 1-Year ROIIC % Calculation

Lichen China'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
=( 8.8203505 (Dec. 2023) - 7.7496144 (Dec. 2022) )/( 36.815 (Dec. 2023) - 21.172 (Dec. 2022) )
=1.0707361/15.643
=6.84%***

* 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.


Lichen China  (NAS:LICN) 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.


Lichen China 1-Year ROIIC % Related Terms

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Lichen China (Lichen China) Business Description

Traded in Other Exchanges
N/A
Address
888 Century Avenue Meiling Street, Tower 3, Jinjiang Wanda Plaza Commercial Complex, B2306, Block B, Fujian Province, Jinjiang, CHN, 362000
Lichen China Ltd is a holding company. The company, along with its subsidiaries provides financial and taxation solution services; education support services; and software and maintenance services. The company generates Majority revenue from Financial and taxation solution services.