What is Ever Glory United Holdings 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.
Ever Glory United Holdings's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 174.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Ever Glory United Holdings's 1-Year ROIIC % or its related term are showing as below:
SGX:ZKX's 1-Year ROIIC % is ranked better than 92.65% of 1564
companies
in the Construction industry
Industry Median: 4.945
vs SGX:ZKX: 174.82
Ever Glory United Holdings 1-Year ROIIC % Historical Data
* 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 Ever Glory United Holdings's 1-Year ROIIC %
For the Engineering & Construction subindustry, Ever Glory United Holdings'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.
Ever Glory United Holdings's 1-Year ROIIC % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Ever Glory United Holdings's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Ever Glory United Holdings's 1-Year ROIIC % falls into.
Ever Glory United Holdings 1-Year ROIIC % Calculation
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( 7.7907588 (Dec. 2023) - 1.7787168 (Dec. 2022) )
/
( 11.136 (Dec. 2023) - 7.697 (Dec. 2022) )
=
6.012042
/
3.439
=
174.82%***
* 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.
Ever Glory United Holdings (SGX:ZKX) 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.
Ever Glory United Holdings 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Ever Glory United Holdings's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ever Glory United Holdings (SGX:ZKX) Business Description
3 Little Road, No. 03-01 CRF Building, Singapore, SGP, 536982
Website
Ever Glory United Holdings Ltd is a Singapore-based M&E engineering service provider specializing in providing a wide range of M&E engineering services. Its services involve projects in both public and private sectors, such as the development or redevelopment of HDB residential flats, private residential properties, private schools, mixed-use properties, commercial buildings, or industrial buildings. It provides M&E engineering services as either an NSC or a DSC. The company specializes in the following areas of M&E engineering services: ACMV systems; electrical engineering systems; FP systems; PSG systems; and IBS.
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