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Ping An Healthcare And Technology Co (HKSE:01833) 5-Year ROIIC % : -52.55% (As of Dec. 2023)


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What is Ping An Healthcare And Technology Co 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Ping An Healthcare And Technology Co's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was -52.55%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ping An Healthcare And Technology Co's 5-Year ROIIC % or its related term are showing as below:

HKSE:01833's 5-Year ROIIC % is ranked worse than
89.15% of 562 companies
in the Healthcare Providers & Services industry
Industry Median: 1.335 vs HKSE:01833: -52.55

Ping An Healthcare And Technology Co 5-Year ROIIC % Historical Data

The historical data trend for Ping An Healthcare And Technology Co's 5-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.

Ping An Healthcare And Technology Co 5-Year ROIIC % Chart

Ping An Healthcare And Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only - -7.89 -19.56 -5.18 -52.55

Ping An Healthcare And Technology Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
5-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 -19.56 - -5.18 - -52.55

Competitive Comparison of Ping An Healthcare And Technology Co's 5-Year ROIIC %

For the Health Information Services subindustry, Ping An Healthcare And Technology Co's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Ping An Healthcare And Technology Co's 5-Year ROIIC % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ping An Healthcare And Technology Co's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ping An Healthcare And Technology Co's 5-Year ROIIC % falls into.



Ping An Healthcare And Technology Co 5-Year ROIIC % Calculation

Ping An Healthcare And Technology Co's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( -770.0994234 (Dec. 2023) - -1479.4397747 (Dec. 2018) )/( 4896.889 (Dec. 2023) - 6246.612 (Dec. 2018) )
=709.3403513/-1349.723
=-52.55%***

* 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 5-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.


Ping An Healthcare And Technology Co  (HKSE:01833) 5-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.


Ping An Healthcare And Technology Co 5-Year ROIIC % Related Terms

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Ping An Healthcare And Technology Co (HKSE:01833) Business Description

Traded in Other Exchanges
Address
No. 166, Kaibin Road, Shanghai Ping An Building, 17th-19th Floor, Block B, Shanghai, CHN
Ping An Healthcare and Technology is the parent of Ping An Good Doctor, or PAGD, an online platform offering healthcare services in the form of a health maintenance organization, or HMO, model that provides commercial healthcare services and offers healthcare checkup, healthcare management, and corporate reimbursement for a fee. The company leverages the network of health providers from its parent Ping An Group, where it enters into contracts with physicians, hospitals, and specialists to offer their services to HMO participants. Other than commercial healthcare premium services, PAGD offers online consultations and prescription e-commerce online to individuals. The platform has 978 corporate clients and 43 million paying users. PAGD is 38.43% owned by its parent company.

Ping An Healthcare And Technology Co (HKSE:01833) Headlines

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