GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hiap Tong Corp Ltd (SGX:5PO) » Definitions » 1-Year ROIIC %

Hiap Tong (SGX:5PO) 1-Year ROIIC % : 216.12% (As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Hiap Tong 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. Hiap Tong's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 216.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SGX:5PO's 1-Year ROIIC % is ranked better than
92.25% of 1006 companies
in the Business Services industry
Industry Median: 3.03 vs SGX:5PO: 216.12

Hiap Tong 1-Year ROIIC % Historical Data

The historical data trend for Hiap Tong'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.

Hiap Tong 1-Year ROIIC % Chart

Hiap Tong Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -487.90 -145.92 -32.78 68.16 -153.22

Hiap Tong Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 28.34 68.16 -15.55 -153.22 216.12

Competitive Comparison of Hiap Tong's 1-Year ROIIC %

For the Rental & Leasing Services subindustry, Hiap Tong'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.


Hiap Tong's 1-Year ROIIC % Distribution in the Business Services Industry

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

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



Hiap Tong 1-Year ROIIC % Calculation

Hiap Tong's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 3.1822 (Sep. 2024) - 8.153 (Sep. 2023) )/( 187.521 (Sep. 2024) - 189.821 (Sep. 2023) )
=-4.9708/-2.3
=216.12%***

* 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.


Hiap Tong  (SGX:5PO) 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.


Hiap Tong 1-Year ROIIC % Related Terms

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


Hiap Tong Business Description

Traded in Other Exchanges
N/A
Address
22 Soon lee Road, Singapore, SGP, 628082
Hiap Tong Corp Ltd is mainly involved in renting cranes, prime movers, heavy machinery, and equipment and trading cranes and heavy equipment. The company's products are used by the marine, petrochemical, and construction industries. It operates in two segments namely lifting and haulage services, and manpower services. The company also provides load test and drop test services for marine offshore and engineering industries. Its geographical segments include Singapore and Malaysia, of which the majority of the revenue comes from Singapore.

Hiap Tong Headlines

No Headlines