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Ritamix Global (HKSE:01936) 3-Year ROIIC % : -3.60% (As of Dec. 2023)


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What is Ritamix Global 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. Ritamix Global's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -3.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:01936's 3-Year ROIIC % is ranked worse than
62.1% of 1839 companies
in the Consumer Packaged Goods industry
Industry Median: 2.71 vs HKSE:01936: -3.60

Ritamix Global 3-Year ROIIC % Historical Data

The historical data trend for Ritamix Global'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.

Ritamix Global 3-Year ROIIC % Chart

Ritamix Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial - -22.30 -19.55 11.69 -3.60

Ritamix Global Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 11.69 - -3.60 -

Competitive Comparison of Ritamix Global's 3-Year ROIIC %

For the Farm Products subindustry, Ritamix Global'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.


Ritamix Global's 3-Year ROIIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ritamix Global's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ritamix Global's 3-Year ROIIC % falls into.


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Ritamix Global 3-Year ROIIC % Calculation

Ritamix Global'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**
=( 13.2428198 (Dec. 2023) - 12.6822404 (Dec. 2020) )/( 127.222 (Dec. 2023) - 142.779 (Dec. 2020) )
=0.5605794/-15.557
=-3.60%***

* 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.


Ritamix Global  (HKSE:01936) 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.


Ritamix Global 3-Year ROIIC % Related Terms

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Ritamix Global Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Jalan TP 7, UEP Industrial Park, Shah Alam, SGR, MYS, 40400
Ritamix Global Ltd is engaged in the distribution of animal feed additives and, human food ingredients; and the manufacturing of animal feed additives premixes. The company offers a wide range of animal feed additives including amino acids, vitamins, minerals, enzymes, and photogenic ingredients produced by chemical and feed ingredients companies of international brand names. It has diversified its product portfolio to include human food ingredients such as baking soda, minerals, hydrocolloids, emulsifiers, and vitamins. Its operating segments include the Animal feed additives products segment: manufacturing and distribution of animal feed additives products; and the Human food ingredient products segment: distribution of human food ingredient products.
Executives
Garry-worth Investment Limited
Lee Haw Hann
Lee Haw Shyang
Lee Haw Yih
Yaw Sook Kean
Yee Mei Loon
Voon Sze Lin
Warrants Capital Ltd
Lim Ee Min

Ritamix Global Headlines

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