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AP Rentals Holdings (HKSE:01496) 1-Year ROIIC %

: 25.10% (As of Sep. 2023)
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1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. AP Rentals Holdings's 1-Year ROIIC % for the quarter that ended in Sep. 2023 was 25.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for AP Rentals Holdings's 1-Year ROIIC % or its related term are showing as below:

HKSE:01496's 1-Year ROIIC % is ranked better than
68.39% of 968 companies
in the Business Services industry
Industry Median: 3.895 vs HKSE:01496: 25.10

AP Rentals Holdings 1-Year ROIIC % Historical Data

The historical data trend for AP Rentals Holdings's 1-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.

AP Rentals Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
1-Year ROIIC %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only -299.22 -24.63 -40.46 -63.80 -877.92

AP Rentals Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
1-Year ROIIC % 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 Premium Member Only -43.50 -63.80 -4.69 -877.92 25.10

Competitive Comparison

For the Rental & Leasing Services subindustry, AP Rentals Holdings's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


AP Rentals Holdings 1-Year ROIIC % Distribution

For the Business Services industry and Industrials sector, AP Rentals Holdings's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where AP Rentals Holdings's 1-Year ROIIC % falls into.



AP Rentals Holdings 1-Year ROIIC % Calculation

AP Rentals Holdings's 1-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -0.1736 (Sep. 2023) - 3.6789 (Sep. 2022) )/( 243.553 (Sep. 2023) - 258.899 (Sep. 2022) )
=-3.8525/-15.346
=25.10%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


AP Rentals Holdings  (HKSE:01496) 1-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.


AP Rentals Holdings 1-Year ROIIC % Related Terms

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AP Rentals Holdings (HKSE:01496) Business Description

Traded in Other Exchanges
N/A
Address
No. 75, Mody Road, Unit 806A, 8th Floor, Tower II, South Seas Centre, Kowloon, Hong Kong, HKG
AP Rentals Holdings Ltd operates as an equipment rental service company in Hong Kong. The company's operating segment includes Leasing and Trading. where the leasing segment is engaged in the leasing of machinery, lease-related operating service, repair and maintenance service, delivery service, and installation service, and the trading segment includes sales of machinery and parts. The company generates maximum revenue from the Leasing segment. Geographically, the company derives the majority of its revenue from Hong Kong and has a presence in Macau, PRC, and Singapore.

AP Rentals Holdings (HKSE:01496) Headlines

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