17 Education & Technology Group (17 Education & Technology Group) 3-Year ROIIC % : -109.22% (As of Dec. 2023)

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What is 17 Education & Technology Group 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. 17 Education & Technology Group's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -109.22%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for 17 Education & Technology Group's 3-Year ROIIC % or its related term are showing as below:

YQ's 3-Year ROIIC % is ranked worse than
91.84% of 245 companies
in the Education industry
Industry Median: 3.43 vs YQ: -109.22

17 Education & Technology Group 3-Year ROIIC % Historical Data

The historical data trend for 17 Education & Technology Group'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.

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17 Education & Technology Group 3-Year ROIIC % Chart

17 Education & Technology Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year ROIIC %

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-205.86

-191.80

-109.22

17 Education & Technology Group Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
3-Year ROIIC %	Get a 7-Day Free Trial														-191.80	-	-	-	-109.22

Competitive Comparison of 17 Education & Technology Group's 3-Year ROIIC %

For the Education & Training Services subindustry, 17 Education & Technology Group'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.

17 Education & Technology Group's 3-Year ROIIC % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 17 Education & Technology Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where 17 Education & Technology Group's 3-Year ROIIC % falls into.

17 Education & Technology Group 3-Year ROIIC % Calculation

17 Education & Technology Group'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^**
	=	( -48.003 (Dec. 2023) - -204.015 (Dec. 2020) )	/	( 14.932 (Dec. 2023) - 157.776 (Dec. 2020) )
	=	156.012	/	-142.844
	=	-109.22%^***

** 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.

17 Education & Technology Group (NAS:YQ) 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.

17 Education & Technology Group 3-Year ROIIC % Related Terms

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17 Education & Technology Group (17 Education & Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 17 Education & Technology Group Inc (NAS:YQ) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wangjing Greenland Center, 16th Floor, Block B, Chaoyang District, Beijing, CHN, 100102

Website

https://ucenter.17zuoye.com

17 Education & Technology Group Inc is an education technology company in China. It offers to assist students, teachers, schoolmasters, and educational authorities across China to achieve data-driven teaching, learning, and assessment. Geographically group operates in China.