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Sling Group Holdings (HKSE:08285) 3-Year ROIIC % : -729.20% (As of Dec. 2023)


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What is Sling 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. Sling Group Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -729.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:08285's 3-Year ROIIC % is ranked worse than
98.95% of 1048 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.385 vs HKSE:08285: -729.20

Sling Group Holdings 3-Year ROIIC % Historical Data

The historical data trend for Sling 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.

Sling Group Holdings 3-Year ROIIC % Chart

Sling Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only -204.07 145.39 19.61 -12.26 -729.20

Sling Group Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - -729.20 -

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

For the Footwear & Accessories subindustry, Sling 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.


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

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

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



Sling Group Holdings 3-Year ROIIC % Calculation

Sling 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**
=( -7.2704788 (Dec. 2023) - -26.3974242 (Dec. 2020) )/( 40.477 (Dec. 2023) - 43.1 (Dec. 2020) )
=19.1269454/-2.623
=-729.20%***

* 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.


Sling Group Holdings  (HKSE:08285) 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.


Sling Group Holdings 3-Year ROIIC % Related Terms

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Sling Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
64 Hoi Yuen Road, Unit 1, 21st Floor, Yen Sheng Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Sling Group Holdings Ltd is an investment holding company engaged in the design and sale of women's handbags, small leather goods, luggage, and travel goods. Its products of the company include designing, promoting, and selling women's handbags, small leather goods, and travel goods, including handle bags, clutch bags, wallets, coin cases, cardholders, and suitcases in the PRC. It group has a business presence in China and Hong Kong, of which key revenue is derived from China. It brand portfolio of the company comprises two brands namely, Elle, Jessie, and Jane.
Executives
Yen Sheng Investment Limited 2101 Beneficial owner
Li Wing Chi Agnes 2201 Interest of corporation controlled by you
Summit Time Resources Limited 2101 Beneficial owner
Chan Yee Ling Elaine 2202 Interest of your spouse
Hiang Siu Wei Cecilia 2202 Interest of your spouse
Yau Sonny Tai Nin 2201 Interest of corporation controlled by you
Yau Tai Leung Sammy 2201 Interest of corporation controlled by you
Lee Shui Kwai Victor 2202 Interest of your spouse

Sling Group Holdings Headlines

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