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Microware Group (HKSE:01985) 3-Year ROIIC % : -24.33% (As of Mar. 2024)


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What is Microware Group 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. Microware Group's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was -24.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:01985's 3-Year ROIIC % is ranked worse than
76.26% of 2595 companies
in the Software industry
Industry Median: 3.84 vs HKSE:01985: -24.33

Microware Group 3-Year ROIIC % Historical Data

The historical data trend for Microware Group'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.

Microware Group 3-Year ROIIC % Chart

Microware Group 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 19.82 15.61 4.99 -42.27 -24.33

Microware Group Semi-Annual Data
Mar14 Mar15 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 - -42.27 - -24.33 -

Competitive Comparison of Microware Group's 3-Year ROIIC %

For the Information Technology Services subindustry, Microware Group'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.


Microware Group's 3-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, Microware Group's 3-Year ROIIC % distribution charts can be found below:

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


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Microware Group 3-Year ROIIC % Calculation

Microware Group'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**
=( 34.7436514 (Mar. 2024) - 47.1145735 (Mar. 2021) )/( 162.601 (Mar. 2024) - 111.757 (Mar. 2021) )
=-12.3709221/50.844
=-24.33%***

* 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.


Microware Group  (HKSE:01985) 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.


Microware Group 3-Year ROIIC % Related Terms

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Microware Group Business Description

Traded in Other Exchanges
N/A
Address
44-46 Hung To Road, 1st Floor, Century Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Microware Group Ltd is an investment holding company. The company is principally engaged in the provision of IT infrastructure solutions services and IT managed services in Hong Kong. The group strives to provide one-stop IT experience that begins with consultation and advice; semiconductor products, hardware and/or software procurement; implementation; and management and maintenance of the IT infrastructure solutions. Its operating segment includes IT infrastructure solution services business and IT managed services business of which the majority of revenue is derived from IT infrastructure solution services business. Its revenue is derived from its operation in Hong Kong.
Executives
Wang Guangbo 2101 Beneficial owner
Chen Jianyong
Tang Huangju 2101 Beneficial owner
Yang Peter Shun Tsing 2201 Interest of corporation controlled by you
Microware International Holdings Limited 2101 Beneficial owner
Weiye Holdings Group Limited
Well Mount Holdings Limited 2301 Trustee
Yang Peter Shun Tsing 2201 Interest of corporation controlled by you
Yang Shun Tsing Peter 2201 Interest of corporation controlled by you
Liu Yun 2101 Beneficial owner
Han Shaoye 2101 Beneficial owner

Microware Group Headlines

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