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Forest Packaging Group Co (SHSE:605500) 3-Year ROIIC % : -8.61% (As of Dec. 2023)


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What is Forest Packaging Group 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. Forest Packaging Group Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -8.61%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SHSE:605500's 3-Year ROIIC % is ranked worse than
72.7% of 392 companies
in the Packaging & Containers industry
Industry Median: 3.92 vs SHSE:605500: -8.61

Forest Packaging Group Co 3-Year ROIIC % Historical Data

The historical data trend for Forest Packaging Group 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.

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Forest Packaging Group Co 3-Year ROIIC % Chart

Forest Packaging Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial -560.27 -65.57 4.41 -7.26 -8.61

Forest Packaging Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 - -8.61 - - -

Competitive Comparison of Forest Packaging Group Co's 3-Year ROIIC %

For the Packaging & Containers subindustry, Forest Packaging Group 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.


Forest Packaging Group Co's 3-Year ROIIC % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Forest Packaging Group Co's 3-Year ROIIC % distribution charts can be found below:

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



Forest Packaging Group Co 3-Year ROIIC % Calculation

Forest Packaging Group Co'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**
=( 152.9390187 (Dec. 2023) - 238.6610293 (Dec. 2020) )/( 2378.033 (Dec. 2023) - 1382.573 (Dec. 2020) )
=-85.7220106/995.46
=-8.61%***

* 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.


Forest Packaging Group Co  (SHSE:605500) 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.


Forest Packaging Group Co 3-Year ROIIC % Related Terms

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Forest Packaging Group Co Business Description

Traded in Other Exchanges
N/A
Address
Dayangcheng Industrial Zone, Zhejiang Province, Daxi Town, Wenling, CHN, 317525
Forest Packaging Group Co Ltd is engaged in the production and sales of packaging paper and its products. The company offers products such as paper box, corrugated box, color box, cardboard, carton box, paper bag and others.

Forest Packaging Group Co Headlines

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