GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rare Earth Magnesium Technology Group Holdings Ltd (STU:GPS) » Definitions » 1-Year ROIIC %

Rare Earth Magnesium Technology Group Holdings (STU:GPS) 1-Year ROIIC % : 26.69% (As of Dec. 2023)


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

What is Rare Earth Magnesium Technology Group Holdings 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. Rare Earth Magnesium Technology Group Holdings's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 26.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Rare Earth Magnesium Technology Group Holdings's 1-Year ROIIC % or its related term are showing as below:

STU:GPS's 1-Year ROIIC % is not ranked
in the Metals & Mining industry.
Industry Median: -1.02 vs STU:GPS: 26.69

Rare Earth Magnesium Technology Group Holdings 1-Year ROIIC % Historical Data

The historical data trend for Rare Earth Magnesium Technology Group Holdings'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.

Rare Earth Magnesium Technology Group Holdings 1-Year ROIIC % Chart

Rare Earth Magnesium Technology Group Holdings Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.68 -111.82 -209.68 -4.85 26.69

Rare Earth Magnesium Technology Group Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -209.68 31.65 -4.85 9.95 26.69

Competitive Comparison of Rare Earth Magnesium Technology Group Holdings's 1-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Rare Earth Magnesium Technology Group Holdings'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.


Rare Earth Magnesium Technology Group Holdings's 1-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rare Earth Magnesium Technology Group Holdings's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Rare Earth Magnesium Technology Group Holdings's 1-Year ROIIC % falls into.



Rare Earth Magnesium Technology Group Holdings 1-Year ROIIC % Calculation

Rare Earth Magnesium Technology Group Holdings'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
=( -19.459349 (Dec. 2023) - -5.6199131 (Dec. 2022) )/( 159.549 (Dec. 2023) - 218.967 (Dec. 2022) )
=-13.8394359/-59.418
=23.29%***

* 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.


Rare Earth Magnesium Technology Group Holdings  (STU:GPS) 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.


Rare Earth Magnesium Technology Group Holdings 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Rare Earth Magnesium Technology Group Holdings's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rare Earth Magnesium Technology Group Holdings (STU:GPS) Business Description

Traded in Other Exchanges
Address
The Gateway, 16th Floor, Tower 5, Tsim Sha Tsui, Kowloon, Harbour city, Hong Kong, HKG
Rare Earth Magnesium Technology Group Holdings Ltd is to develop, produce and sell magnesium alloy series products. The company is principally engaged in one single segment, which is manufacturing and selling magnesium-related products. The company's products include magnesium ingots, semi-coke, and ferroalloy. Geographically, it derives the majority of its revenue from Mainland China and also has a presence in Europe.