GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MKDWell Tech Inc (NAS:MKDW) » Definitions » 1-Year ROIIC %

MKDW (MKDWell Tech) 1-Year ROIIC % : -142.42% (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is MKDWell Tech 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. MKDWell Tech's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was -142.42%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

MKDW's 1-Year ROIIC % is ranked worse than
90.38% of 1133 companies
in the Vehicles & Parts industry
Industry Median: 0.69 vs MKDW: -142.42

MKDWell Tech 1-Year ROIIC % Historical Data

The historical data trend for MKDWell Tech'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.

MKDWell Tech 1-Year ROIIC % Chart

MKDWell Tech Annual Data
Trend Dec21 Dec22 Dec23
1-Year ROIIC %
- -11,225.00 -56.97

MKDWell Tech Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
1-Year ROIIC % Get a 7-Day Free Trial - -11,225.00 - -56.97 -142.42

Competitive Comparison of MKDWell Tech's 1-Year ROIIC %

For the Auto Parts subindustry, MKDWell Tech'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.

MKDWell Tech's 1-Year ROIIC % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MKDWell Tech's 1-Year ROIIC % distribution charts can be found below:

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


MKDWell Tech 1-Year ROIIC % Calculation

MKDWell Tech'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
=( -2.541 (Jun. 2024) - -1.057 (Jun. 2023) )/( 9.701 (Jun. 2024) - 8.659 (Jun. 2023) )
=-1.484/1.042
=-142.42%***

* 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.

MKDWell Tech  (NAS:MKDW) 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.

MKDWell Tech 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of MKDWell Tech's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.

MKDWell Tech Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MKDWell Tech Inc (NAS:MKDW) » Definitions » 1-Year ROIIC %
Comparable Companies
CREV HYZN OMTK NCNCF GTEC WKSP SAG TSE:6902 TSE:5108 XPAR:ML SHSE:600660 SHSE:601689 GPC XKRX:012330 APTV XTER:CON TSE:5802 XTER:KBX MBLY TSX:MG
Traded in Other Exchanges
N/A
Address
Sea Meadow House, Road Town, Tortola, VGB
Website
http://www.mkdwell.com
MKDWell Tech Inc is a company engaged in supplying automotive electronics for passenger cars, modified commercial vehicles, camper vans and logistics vehicles. Its business coverage extends across the spectrum of research and development, design, production and sales of automotive electronic products. The main products are intelligent camper vans control systems, LiDAR sensors, intelligent container control systems for logistics vehicles, vehicle seat control system, and it provide customers with ODM and OEM customized services.