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China Ting Group Holdings (HKSE:03398) 3-Year ROIIC % : 38.29% (As of Dec. 2023)


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What is China Ting Group 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. China Ting Group Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 38.29%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:03398's 3-Year ROIIC % is ranked better than
79.96% of 1048 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.385 vs HKSE:03398: 38.29

China Ting Group Holdings 3-Year ROIIC % Historical Data

The historical data trend for China Ting Group 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.

China Ting Group Holdings 3-Year ROIIC % Chart

China Ting Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -43.70 -22.65 -293.21 -7.50 38.29

China Ting Group Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -7.50 - 38.29 -

Competitive Comparison of China Ting Group Holdings's 3-Year ROIIC %

For the Apparel Manufacturing subindustry, China Ting Group 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.


China Ting Group Holdings's 3-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Ting Group Holdings's 3-Year ROIIC % distribution charts can be found below:

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



China Ting Group Holdings 3-Year ROIIC % Calculation

China Ting Group 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**
=( -254.0689672 (Dec. 2023) - -110.4026757 (Dec. 2020) )/( 2465.319 (Dec. 2023) - 2840.535 (Dec. 2020) )
=-143.6662915/-375.216
=38.29%***

* 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.


China Ting Group Holdings  (HKSE:03398) 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.


China Ting Group Holdings 3-Year ROIIC % Related Terms

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China Ting Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
55 King Yip Street, 27th Floor, King Palace Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
China Ting Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in garment manufacturing for export and retailing branded fashion apparel in Mainland China. It operates in three reportable segments including manufacturing and sale of garments on an original equipment manufacturer (OEM), manufacturing and retailing of branded fashion apparel (Retail), and property investment. It derives the majority of its revenue from the OEM segment. Geographically, the company derives a majority of its revenue from the PRC and also has an operation in North America, European Union, Hong Kong, and Other countries.

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