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Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) 3-Year ROIIC % : -55.51% (As of Dec. 2023)


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What is Green Future Food Hydrocolloid Marine Science 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. Green Future Food Hydrocolloid Marine Science Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -55.51%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Green Future Food Hydrocolloid Marine Science Co's 3-Year ROIIC % or its related term are showing as below:

HKSE:01084's 3-Year ROIIC % is ranked worse than
86.48% of 1827 companies
in the Consumer Packaged Goods industry
Industry Median: 1.77 vs HKSE:01084: -55.51

Green Future Food Hydrocolloid Marine Science Co 3-Year ROIIC % Historical Data

The historical data trend for Green Future Food Hydrocolloid Marine Science Co's 3-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.

Green Future Food Hydrocolloid Marine Science Co 3-Year ROIIC % Chart

Green Future Food Hydrocolloid Marine Science Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial 11.07 -2.15 2.11 21.31 -55.51

Green Future Food Hydrocolloid Marine Science Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.11 - 21.31 - -55.51

Competitive Comparison of Green Future Food Hydrocolloid Marine Science Co's 3-Year ROIIC %

For the Farm Products subindustry, Green Future Food Hydrocolloid Marine Science 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.


Green Future Food Hydrocolloid Marine Science Co's 3-Year ROIIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Future Food Hydrocolloid Marine Science Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Green Future Food Hydrocolloid Marine Science Co's 3-Year ROIIC % falls into.



Green Future Food Hydrocolloid Marine Science Co 3-Year ROIIC % Calculation

Green Future Food Hydrocolloid Marine Science Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -60.4369512 (Dec. 2023) - 84.2743356 (Dec. 2020) )/( 1441.633 (Dec. 2023) - 1180.932 (Dec. 2020) )
=-144.7112868/260.701
=-55.51%***

* 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.


Green Future Food Hydrocolloid Marine Science Co  (HKSE:01084) 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.


Green Future Food Hydrocolloid Marine Science Co 3-Year ROIIC % Related Terms

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Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) Business Description

Traded in Other Exchanges
N/A
Address
169 Electric Road, Flat A, 16th Floor, North Point, Hong Kong, HKG
Green Future Food Hydrocolloid Marine Science Co Ltd is engaged in manufacturing and sales of food manufacturing hydrocolloid products including carrageenan products, agar-agar products, blended products, and konjac products in the People's Republic of China and overseas. Its segments include Manufacturing and sales of agar-agar products; Manufacturing and sales of carrageenan; Manufacturing and sales of konjac products; Manufacturing and sales of blended products; and Others such as sales of milk powder. Its operations are spread across China, Europe, Asia (excluding China), South America, North America, Africa and Oceania.
Executives
Guo Songsen 2401 A concert party to an agreement to buy shares
Qiu Qiaoya 2202 Interest of your spouse
She Pin Pin 2202 Interest of your spouse
Li Shun Ching Louisa 2202 Interest of your spouse
Chan Shui Yip 2401 A concert party to an agreement to buy shares
Chan Kam Chung 2401 A concert party to an agreement to buy shares
Wu Biling 2202 Interest of your spouse
Winning Path Trading Company Limited 2401 A concert party to an agreement to buy shares
Strong Achievement (bvi) Investment Company Limited 2401 A concert party to an agreement to buy shares
Cos Kreation Investment Development Company Limited 2401 A concert party to an agreement to buy shares
Guo Yuansuo 2401 A concert party to an agreement to buy shares
Guo Songsen 2401 A concert party to an agreement to buy shares
Guo Dongxu 2401 A concert party to an agreement to buy shares
Guo Donghuang 2401 A concert party to an agreement to buy shares
Green Forest (bvi) Investment Company Limited 2401 A concert party to an agreement to buy shares

Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) Headlines

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