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Wuliangye Yibin Co (SZSE:000858) 3-Year ROIIC % : 69.86% (As of Dec. 2022)


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What is Wuliangye Yibin 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. Wuliangye Yibin Co's 3-Year ROIIC % for the quarter that ended in Dec. 2022 was 69.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SZSE:000858's 3-Year ROIIC % is ranked better than
85.17% of 209 companies
in the Beverages - Alcoholic industry
Industry Median: 9.25 vs SZSE:000858: 69.86

Wuliangye Yibin Co 3-Year ROIIC % Historical Data

The historical data trend for Wuliangye Yibin 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.

* Premium members only.

Wuliangye Yibin Co 3-Year ROIIC % Chart

Wuliangye Yibin Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 253.10 195.07 98.00 85.63 69.86

Wuliangye Yibin Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 69.86 - - -

Competitive Comparison of Wuliangye Yibin Co's 3-Year ROIIC %

For the Beverages - Wineries & Distilleries subindustry, Wuliangye Yibin 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.


Wuliangye Yibin Co's 3-Year ROIIC % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Wuliangye Yibin Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Wuliangye Yibin Co's 3-Year ROIIC % falls into.



Wuliangye Yibin Co 3-Year ROIIC % Calculation

Wuliangye Yibin Co's 3-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 26446.6604661 (Dec. 2022) - 17183.8343536 (Dec. 2019) )/( 38912.848 (Dec. 2022) - 25654.254 (Dec. 2019) )
=9262.8261125/13258.594
=69.86%***

* 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.


Wuliangye Yibin Co  (SZSE:000858) 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.


Wuliangye Yibin Co 3-Year ROIIC % Related Terms

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Wuliangye Yibin Co (SZSE:000858) Business Description

Traded in Other Exchanges
N/A
Address
No.150, Minjiang West Road, Cuiping District, Sichuan Province, Yibin, CHN, 644007
Wuliangye Yibin is China's second-largest baijiu producer by revenue, with sales of CNY 74 billion in 2022 compared with CNY 124 billion for Moutai. Founded in the 1950s, Wuliangye is located in Yibin, Sichuan province, in southwest China. Its core product, 52-degree Wuliangye, is widely known as the best rice-flavored baijiu in the market. The high-quality products, extensive history and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins.

Wuliangye Yibin Co (SZSE:000858) Headlines

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