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Travel Expert (Asia) Enterprises (HKSE:01235) 3-Year ROIIC % : -23.20% (As of Mar. 2023)


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What is Travel Expert (Asia) Enterprises 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. Travel Expert (Asia) Enterprises's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was -23.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Travel Expert (Asia) Enterprises's 3-Year ROIIC % or its related term are showing as below:

HKSE:01235's 3-Year ROIIC % is ranked worse than
70.84% of 806 companies
in the Travel & Leisure industry
Industry Median: 4.74 vs HKSE:01235: -23.20

Travel Expert (Asia) Enterprises 3-Year ROIIC % Historical Data

The historical data trend for Travel Expert (Asia) Enterprises'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.

Travel Expert (Asia) Enterprises 3-Year ROIIC % Chart

Travel Expert (Asia) Enterprises Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,099.20 100.87 25.53 -1.36 -23.20

Travel Expert (Asia) Enterprises Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - -1.36 - -23.20 -

Competitive Comparison of Travel Expert (Asia) Enterprises's 3-Year ROIIC %

For the Travel Services subindustry, Travel Expert (Asia) Enterprises'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.


Travel Expert (Asia) Enterprises's 3-Year ROIIC % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Travel Expert (Asia) Enterprises's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Travel Expert (Asia) Enterprises's 3-Year ROIIC % falls into.



Travel Expert (Asia) Enterprises 3-Year ROIIC % Calculation

Travel Expert (Asia) Enterprises's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -12.6844172 (Mar. 2023) - -41.4855104 (Mar. 2020) )/( 37.312 (Mar. 2023) - 161.459 (Mar. 2020) )
=28.8010932/-124.147
=-23.20%***

* 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.


Travel Expert (Asia) Enterprises  (HKSE:01235) 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.


Travel Expert (Asia) Enterprises 3-Year ROIIC % Related Terms

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Travel Expert (Asia) Enterprises (HKSE:01235) Business Description

Traded in Other Exchanges
N/A
Address
88 Connaught Road West, 8th Floor, Guangdong Finance Building, Hong Kong, HKG
Travel Expert (Asia) Enterprises Ltd is an investment holding company. It is engaged in the provision of services relating to sales of air tickets, hotel accommodation, and other travel/wedding-related activities. The company operates through three business segments which include the Travel and travel/wedding-related business, Food, and beverage business, and Treasury activities. It generates maximum revenue from the Travel and travel/wedding-related business segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the PRC.

Travel Expert (Asia) Enterprises (HKSE:01235) Headlines

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