China Resources Medical Holdings Co (HKSE:01515) 3-Year ROIIC % : 6.99% (As of Dec. 2023)

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What is China Resources Medical Holdings 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. China Resources Medical Holdings Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 6.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for China Resources Medical Holdings Co's 3-Year ROIIC % or its related term are showing as below:

HKSE:01515's 3-Year ROIIC % is ranked better than
58.77% of 604 companies
in the Healthcare Providers & Services industry
Industry Median: 1.92 vs HKSE:01515: 6.99

China Resources Medical Holdings Co 3-Year ROIIC % Historical Data

The historical data trend for China Resources Medical Holdings 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.

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China Resources Medical Holdings Co 3-Year ROIIC % Chart

China Resources Medical Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year ROIIC %

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31.08

-20.63

9.95

0.25

6.99

China Resources Medical Holdings Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
3-Year ROIIC %	Get a 7-Day Free Trial															9.95	-	0.25	-	6.99

Competitive Comparison of China Resources Medical Holdings Co's 3-Year ROIIC %

For the Medical Care Facilities subindustry, China Resources Medical Holdings 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.

China Resources Medical Holdings Co's 3-Year ROIIC % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, China Resources Medical Holdings Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where China Resources Medical Holdings Co's 3-Year ROIIC % falls into.

China Resources Medical Holdings Co 3-Year ROIIC % Calculation

China Resources Medical Holdings 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^**
	=	( 700.5048248 (Dec. 2023) - 274.513718 (Dec. 2020) )	/	( 12779.631 (Dec. 2023) - 6682.493 (Dec. 2020) )
	=	425.9911068	/	6097.138
	=	6.99%^***

** 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.

China Resources Medical Holdings Co (HKSE:01515) 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.

China Resources Medical Holdings Co 3-Year ROIIC % Related Terms

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China Resources Medical Holdings Co (HKSE:01515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » China Resources Medical Holdings Co Ltd (HKSE:01515) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

1PH:Germany

Address

No. 9, Fuyi Street, 14th Floor, Kunlun Center Office Building, Fengtai District, Beijing, CHN, 100069

Website

http://www.crmedical.hk

China Resources Medical Holdings Co Ltd provides a full spectrum of general healthcare services, hospital management services, and also group purchasing organization business and other derived business from hospitals in Mainland China. The group has three operating segments: Self-owned hospitals, IOT/operate-transfer, and Others. The self-owned hospitals segment which generates the majority of revenue is engaged in the provision of out-patient and in-patient services by the consolidated hospitals. IOT/operate-transfer hospitals segment engages in the provision of services to IOT hospitals and OT hospitals. Others segment engages in the provision of services to other kinds of clients.

China Resources Medical Holdings Co (HKSE:01515) Headlines

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