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China Literature (HKSE:00772) 5-Year ROIIC % : -0.63% (As of Dec. 2023)


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What is China Literature 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. China Literature's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was -0.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for China Literature's 5-Year ROIIC % or its related term are showing as below:

HKSE:00772's 5-Year ROIIC % is ranked worse than
51.6% of 531 companies
in the Interactive Media industry
Industry Median: -0.08 vs HKSE:00772: -0.63

China Literature 5-Year ROIIC % Historical Data

The historical data trend for China Literature'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.

China Literature 5-Year ROIIC % Chart

China Literature Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.32 19.60 7.33 5.86 -0.63

China Literature Semi-Annual Data
Dec14 Dec15 Jun16 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 Premium Member Only Premium Member Only 7.33 - 5.86 - -0.63

Competitive Comparison of China Literature's 5-Year ROIIC %

For the Internet Content & Information subindustry, China Literature'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.


China Literature's 5-Year ROIIC % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China Literature's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where China Literature's 5-Year ROIIC % falls into.



China Literature 5-Year ROIIC % Calculation

China Literature'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**
=( 589.5692858 (Dec. 2023) - 560.7800085 (Dec. 2018) )/( 16128.094 (Dec. 2023) - 20682.121 (Dec. 2018) )
=28.7892773/-4554.027
=-0.63%***

* 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.


China Literature  (HKSE:00772) 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.


China Literature 5-Year ROIIC % Related Terms

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China Literature (HKSE:00772) Business Description

Traded in Other Exchanges
Address
No. 5169 Binjiang Avenue, N3 Lujiazui Binjiang Center, Pudong New Area, Shanghai, CHN, 200135
China Literature Ltd is an investment holding company. The company along with its subsidiaries provides online reading services, copyright commercialization, writer cultivation and brokerage, and operation of text work reading. It generates its revenue from Online reading through self-owned platform products. it operates in two segments: Online business and Intellectual property operations and others. The Online business segment that derives the majority of revenue comprises online paid reading, online advertising, and game publishing. The Intellectual property operations and others segment includes licensing and distribution of film and television properties, copyrights licensing, sales of adaptation rights and scripts, sales of physical books, in-house online games operations.

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