GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wellhope Foods Co Ltd (SHSE:603609) » Definitions » 10-Year ROIIC %

Wellhope Foods Co (SHSE:603609) 10-Year ROIIC % : -2.59% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Wellhope Foods Co 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Wellhope Foods Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was -2.59%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Wellhope Foods Co's 10-Year ROIIC % or its related term are showing as below:

SHSE:603609's 10-Year ROIIC % is ranked worse than
67.67% of 1726 companies
in the Consumer Packaged Goods industry
Industry Median: 3.225 vs SHSE:603609: -2.59

Wellhope Foods Co 10-Year ROIIC % Historical Data

The historical data trend for Wellhope Foods Co's 10-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.

Wellhope Foods Co 10-Year ROIIC % Chart

Wellhope Foods Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.30 12.28 -2.86 3.68 -2.59

Wellhope Foods Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
10-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 3.68 - - - -2.59

Competitive Comparison of Wellhope Foods Co's 10-Year ROIIC %

For the Farm Products subindustry, Wellhope Foods Co's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


Wellhope Foods Co's 10-Year ROIIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wellhope Foods Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Wellhope Foods Co's 10-Year ROIIC % falls into.



Wellhope Foods Co 10-Year ROIIC % Calculation

Wellhope Foods Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( -8.8926971 (Dec. 2023) - 198.313203 (Dec. 2013) )/( 10695.336 (Dec. 2023) - 2707.417 (Dec. 2013) )
=-207.2059001/7987.919
=-2.59%***

* 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 10-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.


Wellhope Foods Co  (SHSE:603609) 10-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.


Wellhope Foods Co 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Wellhope Foods Co's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Wellhope Foods Co (SHSE:603609) Business Description

Traded in Other Exchanges
N/A
Address
No. 169, Huishan Street, Shenbei New District, Liaoning Province, Shenyang, CHN, 110164
Wellhope Foods Co Ltd is an animal husbandry company. The company's primary businesses include animal feed, feed raw materials trade, broiler integration, and swine trading. It is also involved in veterinary drugs, farming equipment manufacturing, pet clinic, etc. The company generates maximum revenue from feed products followed by broiler integration and raw materials trade. Its feed product line includes premix feed, concentrated feed, and compound feed.

Wellhope Foods Co (SHSE:603609) Headlines

No Headlines