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Wah Sun Handbags International Holdings (HKSE:02683) 3-Year ROIIC % : 47.31% (As of Mar. 2023)


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What is Wah Sun Handbags International 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. Wah Sun Handbags International Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 47.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Wah Sun Handbags International Holdings's 3-Year ROIIC % or its related term are showing as below:

HKSE:02683's 3-Year ROIIC % is ranked better than
82.85% of 1061 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.56 vs HKSE:02683: 47.31

Wah Sun Handbags International Holdings 3-Year ROIIC % Historical Data

The historical data trend for Wah Sun Handbags International 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.

Wah Sun Handbags International Holdings 3-Year ROIIC % Chart

Wah Sun Handbags International Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only -5.10 -49.59 -124.74 -119.47 47.31

Wah Sun Handbags International Holdings Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - -119.47 - 47.31 -

Competitive Comparison of Wah Sun Handbags International Holdings's 3-Year ROIIC %

For the Footwear & Accessories subindustry, Wah Sun Handbags International 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.


Wah Sun Handbags International Holdings's 3-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wah Sun Handbags International Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Wah Sun Handbags International Holdings's 3-Year ROIIC % falls into.



Wah Sun Handbags International Holdings 3-Year ROIIC % Calculation

Wah Sun Handbags International Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 2.9782782 (Mar. 2023) - 9.1563768 (Mar. 2020) )/( 185.716 (Mar. 2023) - 198.776 (Mar. 2020) )
=-6.1780986/-13.06
=47.31%***

* 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.


Wah Sun Handbags International Holdings  (HKSE:02683) 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.


Wah Sun Handbags International Holdings 3-Year ROIIC % Related Terms

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Wah Sun Handbags International Holdings (HKSE:02683) Business Description

Traded in Other Exchanges
N/A
Address
30-32 Au Pui Wan Street, Room 9, 6th Floor. Wah Yiu Industrial Centre, Fo Tan, Shatin, New Territories, Hong Kong, HKG
Wah Sun Handbags International Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of handbag products. Geographically, it derives a majority of revenue from the United States of America and also has a presence in Spain and Other countries. Its non-leather handbags are made of materials such as PU, PVC and various types of textile materials, which are mainly mass market and middle-end priced products.
Executives
Wah Sun International Holdings Limited 2101 Beneficial owner
Chan Sim Kuen 2202 Interest of your spouse
Ma Hing Man 2201 Interest of corporation controlled by you
Ma Hing Ming 2201 Interest of corporation controlled by you
Ma Lan Chu 2201 Interest of corporation controlled by you
Ma Lan Heung 2201 Interest of corporation controlled by you
Ma Yum Chee 2201 Interest of corporation controlled by you
Wu Yu Ling 2202 Interest of your spouse
Yung Ngan Sim 2202 Interest of your spouse

Wah Sun Handbags International Holdings (HKSE:02683) Headlines

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