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Nan Nan Resources Enterprise (HKSE:01229) 3-Year ROIIC % : 40.52% (As of Mar. 2024)


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What is Nan Nan Resources Enterprise 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. Nan Nan Resources Enterprise's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 40.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Nan Nan Resources Enterprise's 3-Year ROIIC % or its related term are showing as below:

HKSE:01229's 3-Year ROIIC % is ranked better than
76.05% of 167 companies
in the Other Energy Sources industry
Industry Median: 1.99 vs HKSE:01229: 40.52

Nan Nan Resources Enterprise 3-Year ROIIC % Historical Data

The historical data trend for Nan Nan Resources Enterprise'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.

Nan Nan Resources Enterprise 3-Year ROIIC % Chart

Nan Nan Resources Enterprise Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 -6.91 46.23 1,646.27 40.52

Nan Nan Resources Enterprise Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
3-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 - 1,646.27 - 40.52 -

Competitive Comparison of Nan Nan Resources Enterprise's 3-Year ROIIC %

For the Thermal Coal subindustry, Nan Nan Resources Enterprise'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.


Nan Nan Resources Enterprise's 3-Year ROIIC % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Nan Nan Resources Enterprise's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Nan Nan Resources Enterprise's 3-Year ROIIC % falls into.


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Nan Nan Resources Enterprise 3-Year ROIIC % Calculation

Nan Nan Resources Enterprise's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -19.2285645 (Mar. 2024) - 2.9187105 (Mar. 2021) )/( 334.023 (Mar. 2024) - 388.678 (Mar. 2021) )
=-22.147275/-54.655
=40.52%***

* 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.


Nan Nan Resources Enterprise  (HKSE:01229) 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.


Nan Nan Resources Enterprise 3-Year ROIIC % Related Terms

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Nan Nan Resources Enterprise Business Description

Traded in Other Exchanges
N/A
Address
18 Harcourt Road, Admiralty Centre, 11th Floor, Tower 2, Admiralty, Hong Kong, HKG
Nan Nan Resources Enterprise Ltd is an investment holding company. The company's operating segment include Coal mining business, Renewable energy and IT Services business. The coal mining business segment is engaged in mining and sales of coal mine in the PRC. It generates maximum revenue from the Coal mining business segment. Geographically, it derives a majority of revenue from PRC and also has a presence in Malaysia.

Nan Nan Resources Enterprise Headlines

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