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Precious Dragon Technology Holdings (HKSE:01861) 3-Year ROIIC % : 72.64% (As of Dec. 2023)


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What is Precious Dragon 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. Precious Dragon Technology Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 72.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:01861's 3-Year ROIIC % is ranked better than
89.89% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 2.675 vs HKSE:01861: 72.64

Precious Dragon Technology Holdings 3-Year ROIIC % Historical Data

The historical data trend for Precious Dragon 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.

Precious Dragon Technology Holdings 3-Year ROIIC % Chart

Precious Dragon Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial -68.07 21.03 -9.45 6.89 72.64

Precious Dragon Technology Holdings Semi-Annual Data
Dec16 Dec17 Jun18 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 Premium Member Only -9.45 - 6.89 - 72.64

Competitive Comparison of Precious Dragon Technology Holdings's 3-Year ROIIC %

For the Specialty Retail subindustry, Precious Dragon 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.


Precious Dragon Technology Holdings's 3-Year ROIIC % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Precious Dragon Technology Holdings's 3-Year ROIIC % distribution charts can be found below:

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



Precious Dragon Technology Holdings 3-Year ROIIC % Calculation

Precious Dragon Technology Holdings'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**
=( 59.148042 (Dec. 2023) - 75.2646256 (Dec. 2020) )/( 298.492 (Dec. 2023) - 320.678 (Dec. 2020) )
=-16.1165836/-22.186
=72.64%***

* 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.


Precious Dragon Technology Holdings  (HKSE:01861) 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.


Precious Dragon Technology Holdings 3-Year ROIIC % Related Terms

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Precious Dragon Technology Holdings (HKSE:01861) Business Description

Traded in Other Exchanges
N/A
Address
No 628, Jufeng North Road, Aotou Town, Conghua District, Guangdong Province, Guangzhou, CHN
Precious Dragon Technology Holdings Ltd is an investment holding company. The company operates in the segments of Automotive beauty and maintenance products; and Personal care products. The majority of its revenue comes from the Automotive segment, which includes products such as auto cleaning and maintenance products (auto interior decoration cleaning products, tire and wheel cleaning, and care products), paint and coating (chrome aerosol spray), winter and summer specials (refrigerant and cold cranking agent), and air-fresheners. The company products are in the form of both aerosol and non-aerosol products. Some of its brands are ATM, NISSEI, PARLUX, PISCIS, and ETOMAN. Its geographical segments are Mainland China, Japan, Asia, the Middle East, America, and Others.
Executives
Ko Sau Mee
Lin Wan Tsang
Wellmass International Limited 2101 Beneficial owner

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