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Minshang Creative Technology Holdings (HKSE:01632) 3-Year ROIIC % : 98.87% (As of Mar. 2024)


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What is Minshang Creative Technology Holdings 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. Minshang Creative Technology Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 98.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Minshang Creative Technology Holdings's 3-Year ROIIC % or its related term are showing as below:

HKSE:01632's 3-Year ROIIC % is ranked better than
91.8% of 2415 companies
in the Hardware industry
Industry Median: 2.38 vs HKSE:01632: 98.87

Minshang Creative Technology Holdings 3-Year ROIIC % Historical Data

The historical data trend for Minshang Creative Technology Holdings'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.

Minshang Creative Technology Holdings 3-Year ROIIC % Chart

Minshang Creative Technology Holdings 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 -20.74 13.21 11.43 -65.13 98.87

Minshang Creative Technology Holdings 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 - -65.13 - 98.87 -

Competitive Comparison of Minshang Creative Technology Holdings's 3-Year ROIIC %

For the Electronics & Computer Distribution subindustry, Minshang Creative Technology Holdings'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.


Minshang Creative Technology Holdings's 3-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Minshang Creative Technology Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Minshang Creative Technology Holdings's 3-Year ROIIC % falls into.



Minshang Creative Technology Holdings 3-Year ROIIC % Calculation

Minshang Creative Technology Holdings'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**
=( -18.0212592 (Mar. 2024) - 11.5830484 (Mar. 2021) )/( 133.054 (Mar. 2024) - 162.997 (Mar. 2021) )
=-29.6043076/-29.943
=98.87%***

* 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.


Minshang Creative Technology Holdings  (HKSE:01632) 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.


Minshang Creative Technology Holdings 3-Year ROIIC % Related Terms

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Minshang Creative Technology Holdings Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Unit 4203, 42nd Floor, Tower One Lippo Centre, Admiralty, Hong Kong, HKG
Minshang Creative Technology Holdings Ltd is an investment holding company. The company's operating segment includes the Vietnamese-style restaurant business in Hong Kong, Trading business in the PRC, and IT solution business. It generates maximum revenue from the Trading business segment. The Trading business segment focuses on offering 3C electronic products, frozen foods, and grain and oil products. Geographically, it derives a majority of revenue from China.
Executives
Chen Jiliang 2202 Interest of your spouse
Cikz Holdings Limited 2101 Beneficial owner
Zhong Kaixin 2201 Interest of corporation controlled by you
Min Sheng Dian Shang Kong Gu Shen Zhen You Xian Gong Si

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