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Zhejiang Meorient Commerce & Exhibition (SZSE:300795) 3-Year ROIIC % : 316.59% (As of Dec. 2023)


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What is Zhejiang Meorient Commerce & Exhibition 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. Zhejiang Meorient Commerce & Exhibition's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 316.59%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Zhejiang Meorient Commerce & Exhibition's 3-Year ROIIC % or its related term are showing as below:

SZSE:300795's 3-Year ROIIC % is ranked better than
96.05% of 988 companies
in the Business Services industry
Industry Median: 5.67 vs SZSE:300795: 316.59

Zhejiang Meorient Commerce & Exhibition 3-Year ROIIC % Historical Data

The historical data trend for Zhejiang Meorient Commerce & Exhibition'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.

Zhejiang Meorient Commerce & Exhibition 3-Year ROIIC % Chart

Zhejiang Meorient Commerce & Exhibition 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 -324.48 -186.07 -82.84 -17.02 316.59

Zhejiang Meorient Commerce & Exhibition 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 - 316.59 - - -

Competitive Comparison of Zhejiang Meorient Commerce & Exhibition's 3-Year ROIIC %

For the Specialty Business Services subindustry, Zhejiang Meorient Commerce & Exhibition'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.


Zhejiang Meorient Commerce & Exhibition's 3-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Zhejiang Meorient Commerce & Exhibition's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Zhejiang Meorient Commerce & Exhibition's 3-Year ROIIC % falls into.



Zhejiang Meorient Commerce & Exhibition 3-Year ROIIC % Calculation

Zhejiang Meorient Commerce & Exhibition'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**
=( 179.982738 (Dec. 2023) - -68.8017836 (Dec. 2020) )/( 226.584 (Dec. 2023) - 148.002 (Dec. 2020) )
=248.7845216/78.582
=316.59%***

* 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.


Zhejiang Meorient Commerce & Exhibition  (SZSE:300795) 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.


Zhejiang Meorient Commerce & Exhibition 3-Year ROIIC % Related Terms

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Zhejiang Meorient Commerce & Exhibition Business Description

Traded in Other Exchanges
N/A
Address
No. 666, Baiyang Street, Room 912, Building 3, No. 452, Economic and Technological Development Zone, Zhejiang, Hangzhou, CHN, 310018
Zhejiang Meorient Commerce & Exhibition Inc is a conference and exhibition service provider.
Executives
Pan Jian Jun Director
Yao Zong Xian Directors, Directors, and Executives
Fang Huan Sheng Directors, executives
Liu Feng Yi Executives
Zhang Min Qing Supervisors
He Wen Xi Supervisors
Zheng Wei Executives
Cheng Yi Jun Executives

Zhejiang Meorient Commerce & Exhibition Headlines

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