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China Zenith Chemical Group (HKSE:00362) 1-Year ROIIC % : -163.17% (As of Dec. 2023)


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What is China Zenith Chemical Group 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. China Zenith Chemical Group's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was -163.17%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for China Zenith Chemical Group's 1-Year ROIIC % or its related term are showing as below:

HKSE:00362's 1-Year ROIIC % is ranked worse than
94.73% of 493 companies
in the Utilities - Regulated industry
Industry Median: 3.02 vs HKSE:00362: -163.17

China Zenith Chemical Group 1-Year ROIIC % Historical Data

The historical data trend for China Zenith Chemical Group's 1-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 Zenith Chemical Group 1-Year ROIIC % Chart

China Zenith Chemical Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.46 -3.19 -11.72 -10.03 -3.37

China Zenith Chemical Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
1-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 -52.21 -10.03 -0.17 -3.37 -163.17

Competitive Comparison of China Zenith Chemical Group's 1-Year ROIIC %

For the Utilities - Regulated Electric subindustry, China Zenith Chemical Group's 1-Year ROIIC %, along with its competitors' market caps and 1-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 Zenith Chemical Group's 1-Year ROIIC % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Zenith Chemical Group's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where China Zenith Chemical Group's 1-Year ROIIC % falls into.



China Zenith Chemical Group 1-Year ROIIC % Calculation

China Zenith Chemical Group's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -90.679 (Dec. 2023) - -215.182 (Dec. 2022) )/( 1200.477 (Dec. 2023) - 1276.781 (Dec. 2022) )
=124.503/-76.304
=-163.17%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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 Zenith Chemical Group  (HKSE:00362) 1-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 Zenith Chemical Group 1-Year ROIIC % Related Terms

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China Zenith Chemical Group (HKSE:00362) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 4007, 40th Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Zenith Chemical Group Ltd is an investment holding company which is engaged in the generation and supply of heat and power. The company's operating segments are Heat and power, Chemical products for agriculture, Calcium carbide, and Construction services. It generates maximum revenue from the Calcium carbide segment. The Calcium carbide segment is engaged in manufacture and sale of calcium carbide and lime powder. Geographically, it derives revenue from the People's Republic of China.
Executives
Cheung Hung 2101 Beneficial owner
Zhong Kuang Lian He Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Chiau Che Kong 2101 Beneficial owner
Tang Yiduan 2101 Beneficial owner
Chin Chun Hin 2101 Beneficial owner
Chan Yuen Tung 2101 Beneficial owner
Cheng Ka Kui Arnold 2101 Beneficial owner
Cha Jung Hoon 2101 Beneficial owner
Sze Ching Lau

China Zenith Chemical Group (HKSE:00362) Headlines

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