What is Global Bio-chem Technology Group Co 3-Year ROIIC %?
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Global Bio-chem Technology Group Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -0.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
HKSE:00809's 3-Year ROIIC % is ranked worse than 53.73% of 1835
companies
in the Consumer Packaged Goods industry
Industry Median: 1.5
vs HKSE:00809: -0.24
Global Bio-chem Technology Group Co 3-Year ROIIC % Historical Data
* 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.
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Global Bio-chem Technology Group Co 3-Year ROIIC % Chart
Competitive Comparison of Global Bio-chem Technology Group Co's 3-Year ROIIC %
For the Packaged Foods subindustry, Global Bio-chem Technology Group Co's 3-Year ROIIC %, along with its competitors' market caps and 3-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.
Global Bio-chem Technology Group Co's 3-Year ROIIC % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Global Bio-chem Technology Group Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Global Bio-chem Technology Group Co's 3-Year ROIIC % falls into.
Global Bio-chem Technology Group Co 3-Year ROIIC % Calculation
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-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.
Global Bio-chem Technology Group Co (HKSE:00809) 3-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.
Global Bio-chem Technology Group Co 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Global Bio-chem Technology Group Co's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Global Bio-chem Technology Group Co (HKSE:00809) Business Description
Global Bio-chem Technology Group Co Ltd manufactures and sells corn-refined products and corn-based biochemical products. Its segments are the Upstream Products segment engages in the manufacture and sale of corn starch, gluten meal, corn oil, and other corn refined products; the Amino Acids segment engages in the manufacture and sale of corn-based biochemical products, including lysine and threonine; the Corn Sweeteners segment engages in the manufacture and sale of corn-based sweetener products, including glucose, maltose, high fructose corn syrup, crystallized glucose, and maltodextrin; the Polyol Chemicals segment engages in the manufacture and sale of corn-based biochemical products, including polyol chemicals, anti-freeze products, hydrogen, and ammonia.
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