10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Sitoy Group Holdings's 10-Year ROIIC % for the quarter that ended in Jun. 2023 was -40.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Sitoy Group Holdings's 10-Year ROIIC % or its related term are showing as below:
HKSE:01023's 10-Year ROIIC % is ranked worse than 89.41% of 1029
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.08
vs HKSE:01023: -40.64
Sitoy Group Holdings 10-Year ROIIC % Historical Data
The historical data trend for Sitoy Group Holdings's 10-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.
Competitive Comparison of Sitoy Group Holdings's 10-Year ROIIC %
For the Footwear & Accessories subindustry, Sitoy Group Holdings's 10-Year ROIIC %, along with its competitors' market caps and 10-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.
Sitoy Group Holdings's 10-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sitoy Group Holdings's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Sitoy Group Holdings's 10-Year ROIIC % falls into.
Sitoy Group Holdings 10-Year ROIIC % Calculation
Sitoy Group Holdings's 10-Year ROIIC % for the quarter that ended in Jun. 2023 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( 174.048 (Jun. 2023) - 403.230342 (Jun. 2013) )
/
( 1469.179 (Jun. 2023) - 905.254 (Jun. 2013) )
=
-229.182342
/
563.925
=
-40.64%***
* 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 10-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.
Sitoy Group Holdings (HKSE:01023) 10-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.
Sitoy Group Holdings 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Sitoy Group Holdings's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sitoy Group Holdings (HKSE:01023) Business Description
Sitoy Group Holdings Ltd primarily serves as a contract manufacturer of handbags, small leather goods, and travel goods for high-end and luxury brand customers. Sitoy's contract manufacturing business generates Most of the company's total revenue. Sitoy also has a retail segment, where the company manufactures products that it sells under its own or licensed brand names in company-operated retail stores or online. Sitoy's brands include Tuscans and Fashion and Joy. It also has an exclusive license to sell Kenneth Cole and Bruno Magli products in China and Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01023 has been successfully added to your 