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China Rongzhong Financial Holdings Co (HKSE:03963) 3-Year ROIIC % : -13.89% (As of Mar. 2024)


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What is China Rongzhong Financial Holdings Co 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 Rongzhong Financial Holdings Co's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was -13.89%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:03963's 3-Year ROIIC % is not ranked
in the Credit Services industry.
Industry Median: 2.57 vs HKSE:03963: -13.89

China Rongzhong Financial Holdings Co 3-Year ROIIC % Historical Data

The historical data trend for China Rongzhong Financial Holdings Co'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 Rongzhong Financial Holdings Co 3-Year ROIIC % Chart

China Rongzhong Financial Holdings Co 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 27.12 62.94 -435.16 12.48 -13.89

China Rongzhong Financial Holdings Co Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -435.16 - 12.48 - -13.89

Competitive Comparison of China Rongzhong Financial Holdings Co's 3-Year ROIIC %

For the Credit Services subindustry, China Rongzhong Financial Holdings Co'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 Rongzhong Financial Holdings Co's 3-Year ROIIC % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, China Rongzhong Financial Holdings Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where China Rongzhong Financial Holdings Co's 3-Year ROIIC % falls into.



China Rongzhong Financial Holdings Co 3-Year ROIIC % Calculation

China Rongzhong Financial Holdings Co'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**
=( -3.0401 (Mar. 2024) - -99.017 (Mar. 2021) )/( 129.251 (Mar. 2024) - 820.086 (Mar. 2021) )
=95.9769/-690.835
=-13.89%***

* 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 Rongzhong Financial Holdings Co  (HKSE:03963) 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 Rongzhong Financial Holdings Co 3-Year ROIIC % Related Terms

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China Rongzhong Financial Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Unit 3901, 39th floor, Tower One, Lippo Centre, Hong Kong, HKG
China Rongzhong Financial Holdings Co Ltd provides financial leasing services in the People's Republic of China. It operates in two segments Leasing services which include direct leasing and operating lease; and Debt collection and credit investigation services. It also provides advisory and consultancy services to its finance lease customers. Its revenue is derived from advisory income and interest income from the loan, government incentives, and bank interest income. The majority of the company's revenue from operations is derived from the People's Republic of China.
Executives
Goldbond Group Holdings Limited 2101 Beneficial owner
Wong Yu Lung, Charles 2301 Trustee
Wong Fang Pik Chun 2301 Trustee
Kwok Gareth Wing-sien 2202 Interest of your spouse
Wong Yatyee Michelle 2305 Beneficiary of a trust
Wong Jacqueline Yue Yee 2305 Beneficiary of a trust
Xie Xiaoqing
Yong Hua International Limited
Perfect Honour Limited 2101 Beneficial owner
Yeung Nam 2202 Interest of your spouse
Lee Cheuk Yin Dannis 2101 Beneficial owner
Zhao John Huan 2201 Interest of corporation controlled by you
Silver Creation Investments Limited 2101 Beneficial owner
Hony Managing Partners Limited 2201 Interest of corporation controlled by you
Hony Group Management Limited 2201 Interest of corporation controlled by you

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