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China Tourism Group Duty Free (SHSE:601888) 5-Year ROIIC % : 11.08% (As of Dec. 2023)


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What is China Tourism Group Duty Free 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 Tourism Group Duty Free's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was 11.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SHSE:601888's 5-Year ROIIC % is ranked better than
66.96% of 1017 companies
in the Retail - Cyclical industry
Industry Median: 2.39 vs SHSE:601888: 11.08

China Tourism Group Duty Free 5-Year ROIIC % Historical Data

The historical data trend for China Tourism Group Duty Free'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 Tourism Group Duty Free 5-Year ROIIC % Chart

China Tourism Group Duty Free 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 54.30 60.61 55.13 12.99 11.08

China Tourism Group Duty Free Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only - - - 11.08 -

Competitive Comparison of China Tourism Group Duty Free's 5-Year ROIIC %

For the Specialty Retail subindustry, China Tourism Group Duty Free'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 Tourism Group Duty Free's 5-Year ROIIC % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where China Tourism Group Duty Free's 5-Year ROIIC % falls into.



China Tourism Group Duty Free 5-Year ROIIC % Calculation

China Tourism Group Duty Free'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**
=( 6983.4749575 (Dec. 2023) - 4177.853425 (Dec. 2018) )/( 34099.065 (Dec. 2023) - 8769.102 (Dec. 2018) )
=2805.6215325/25329.963
=11.08%***

* 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 Tourism Group Duty Free  (SHSE:601888) 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 Tourism Group Duty Free 5-Year ROIIC % Related Terms

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China Tourism Group Duty Free (SHSE:601888) Business Description

Traded in Other Exchanges
Address
No. 2A, Dongzhimenwai Street, 8th Floor, Block A, Dongcheng District, Beijing, CHN, 100027
China Tourism Group Duty Free Corp Ltd is an investment holding company. The company's segments include Retail and Property. It generates maximum revenue from the Retail segment. The Retail segment offers a comprehensive series of duty-free and duty-paid merchandise to customers in Mainland China, Hong Kong, Macau, Cambodia, etc, through its travel retail business. It also engages sales of duty-free and duty-paid merchandise and income from provision of related services.

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