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Invites Biocore Co (XKRX:216400) 1-Year ROIIC % : -12.09% (As of Dec. 2023)


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What is Invites Biocore Co 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. Invites Biocore Co's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was -12.09%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XKRX:216400's 1-Year ROIIC % is ranked worse than
50.39% of 1421 companies
in the Biotechnology industry
Industry Median: -11.22 vs XKRX:216400: -12.09

Invites Biocore Co 1-Year ROIIC % Historical Data

The historical data trend for Invites Biocore Co'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.

Invites Biocore Co 1-Year ROIIC % Chart

Invites Biocore Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only -52.74 15.55 4.16 1.87 -12.09

Invites Biocore Co Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only -52.74 15.55 4.16 1.87 -12.09

Competitive Comparison of Invites Biocore Co's 1-Year ROIIC %

For the Biotechnology subindustry, Invites Biocore Co'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.


Invites Biocore Co's 1-Year ROIIC % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Invites Biocore Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Invites Biocore Co's 1-Year ROIIC % falls into.



Invites Biocore Co 1-Year ROIIC % Calculation

Invites Biocore Co'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
=( -4738.612406 (Dec. 2023) - 2909.422692 (Dec. 2022) )/( 123146.08 (Dec. 2023) - 59892.35 (Dec. 2022) )
=-7648.035098/63253.73
=-12.09%***

* 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.


Invites Biocore Co  (XKRX:216400) 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.


Invites Biocore Co 1-Year ROIIC % Related Terms

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Invites Biocore Co Business Description

Traded in Other Exchanges
N/A
Address
60-21, Gasan-dong, IT Mi-Rae Tower, 9th Floor, Geumcheon-gu, Seoul, KOR
Invites Biocore Co Ltd, formerly Biocore Co Ltd is a biotechnology company. It experiments on biological organism for pharmaceutical companies, CRO, health care institutions and to pharmaceutical related research centers.

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