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China Education Group Holdings (HKSE:00839) 5-Year ROIIC % : 6.63% (As of Aug. 2023)


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What is China Education Group Holdings 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 Education Group Holdings's 5-Year ROIIC % for the quarter that ended in Aug. 2023 was 6.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:00839's 5-Year ROIIC % is ranked better than
57.38% of 237 companies
in the Education industry
Industry Median: 4.12 vs HKSE:00839: 6.63

China Education Group Holdings 5-Year ROIIC % Historical Data

The historical data trend for China Education Group Holdings'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 Education Group Holdings 5-Year ROIIC % Chart

China Education Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Aug19 Aug20 Aug21 Aug22 Aug23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only - 7.07 5.48 5.66 6.63

China Education Group Holdings Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 5.48 - 5.66 - 6.63

Competitive Comparison of China Education Group Holdings's 5-Year ROIIC %

For the Education & Training Services subindustry, China Education Group Holdings'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 Education Group Holdings's 5-Year ROIIC % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Education Group Holdings's 5-Year ROIIC % distribution charts can be found below:

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



China Education Group Holdings 5-Year ROIIC % Calculation

China Education Group Holdings's 5-Year ROIIC % for the quarter that ended in Aug. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 2657.2334064 (Aug. 2023) - 502.7243446 (Dec. 2017) )/( 37353.238 (Aug. 2023) - 4837.379 (Dec. 2017) )
=2154.5090618/32515.859
=6.63%***

* 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 Education Group Holdings  (HKSE:00839) 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 Education Group Holdings 5-Year ROIIC % Related Terms

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China Education Group Holdings (HKSE:00839) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Suite 6703–04, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG
China Education Group Holdings Ltd is a leading ultra-large-scale private education group in China with 30 years of experience in higher education operations. CEG's schools offer both higher vocational education and secondary vocational education. The school network spans domestic China and overseas. CEG also offers continuing education to full-time working adults. The group's total enrolled full-time students in China expanded more than 3 times over the last six years to about 248,000 as of August 2023. The rapid growth is primarily attributable to school acquisitions. CEG currently operates 14 schools, up from only 3 in 2017.

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