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Wong Engineering Bhd (XKLS:7050) 1-Year ROIIC % : 3,397.27% (As of Jul. 2024)


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What is Wong Engineering Bhd 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. Wong Engineering Bhd's 1-Year ROIIC % for the quarter that ended in Jul. 2024 was 3,397.27%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XKLS:7050's 1-Year ROIIC % is ranked better than
99.38% of 2922 companies
in the Industrial Products industry
Industry Median: 1.825 vs XKLS:7050: 3397.27

Wong Engineering Bhd 1-Year ROIIC % Historical Data

The historical data trend for Wong Engineering Bhd'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.

Wong Engineering Bhd 1-Year ROIIC % Chart

Wong Engineering Bhd Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,460.15 -35.21 512.87 -65.47 -686.17

Wong Engineering Bhd Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -58.02 -686.17 -320.35 -556.03 3,397.27

Competitive Comparison of Wong Engineering Bhd's 1-Year ROIIC %

For the Metal Fabrication subindustry, Wong Engineering Bhd'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.


Wong Engineering Bhd's 1-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wong Engineering Bhd's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Wong Engineering Bhd's 1-Year ROIIC % falls into.



Wong Engineering Bhd 1-Year ROIIC % Calculation

Wong Engineering Bhd's 1-Year ROIIC % for the quarter that ended in Jul. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -7.3253 (Jul. 2024) - 1.7454 (Jul. 2023) )/( 90.272 (Jul. 2024) - 90.539 (Jul. 2023) )
=-9.0707/-0.26700000000001
=3,397.27%***

* 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.


Wong Engineering Bhd  (XKLS:7050) 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.


Wong Engineering Bhd 1-Year ROIIC % Related Terms

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Wong Engineering Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 24, Jalan Hi-Tech 4, Phase 1, Kulim Hi-Tech Park (Phase 1), Kulim, KDH, MYS, 09000
Wong Engineering Corp Bhd is engaged in manufacturing of high precision stamped and turned metal parts and components, complex welded frame structure, related modules and systems as well as trading, marketing and retailing of industrial and consumer products. The segments of the company are, 1) Precision engineering which includes the design and manufacture of high-precision metal stamped parts and sheet metals. 2) Construction and property development includes the provision of general buildings construction and infrastructure work and the provision of property development and related business. 3) Others include Investment holding. The company derives maximum revenue from Precision and engineering Segment.

Wong Engineering Bhd Headlines

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