Golden Heaven Group Holdings (Golden Heaven Group Holdings) 3-Year ROIIC % : -7.79% (As of Sep. 2023)

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What is Golden Heaven Group Holdings 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Golden Heaven Group Holdings's 3-Year ROIIC % for the quarter that ended in Sep. 2023 was -7.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Golden Heaven Group Holdings's 3-Year ROIIC % or its related term are showing as below:

GDHG's 3-Year ROIIC % is ranked worse than
64.39% of 806 companies
in the Travel & Leisure industry
Industry Median: 4.74 vs GDHG: -7.79

Golden Heaven Group Holdings 3-Year ROIIC % Historical Data

The historical data trend for Golden Heaven Group Holdings's 3-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.

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Golden Heaven Group Holdings 3-Year ROIIC % Chart

Golden Heaven Group Holdings Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

3-Year ROIIC %

-7.79

Golden Heaven Group Holdings Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
3-Year ROIIC %	Get a 7-Day Free Trial			-	-	-	-	-7.79

Competitive Comparison of Golden Heaven Group Holdings's 3-Year ROIIC %

For the Leisure subindustry, Golden Heaven Group Holdings's 3-Year ROIIC %, along with its competitors' market caps and 3-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.

Golden Heaven Group Holdings's 3-Year ROIIC % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Golden Heaven Group Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Golden Heaven Group Holdings's 3-Year ROIIC % falls into.

Golden Heaven Group Holdings 3-Year ROIIC % Calculation

Golden Heaven Group Holdings's 3-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

3-Year ROIIC %	=	3-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	3-Year Incremental Invested Capital^**
	=	( 6.510075 (Sep. 2023) - 7.5764325 (Sep. 2020) )	/	( 73.708 (Sep. 2023) - 60.014 (Sep. 2020) )
	=	-1.0663575	/	13.694
	=	-7.79%^***

** Annual data of NOPAT and Invested Capital was used to calculate 3-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.

Golden Heaven Group Holdings (NAS:GDHG) 3-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.

Golden Heaven Group Holdings 3-Year ROIIC % Related Terms

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Golden Heaven Group Holdings (Golden Heaven Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Golden Heaven Group Holdings Ltd (NAS:GDHG) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Banhouhaichuan Road, Xiqin Town, Yanping District, Fujian Province, Nanping City, CHN, 353001

Website

http://www.jsyoule.com

Golden Heaven Group Holdings Ltd is an offshore holding company. Through the operating entities in China, It manages and operates six properties consisting of amusement parks, water parks, and complementary recreational facilities. The parks offer a broad selection of exhilarating and recreational experiences, including both thrilling and family-friendly rides, water attractions, gourmet festivals, circus performances, and high-tech facilities. The parks collectively contain nearly 159 rides and attractions. The firm's revenue is primarily generated from selling access to rides and attractions, charging fees for special event rentals, and collecting regular rental payments from commercial tenants.