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Yik Wo International Holdings (HKSE:08659) 3-Year ROIIC % : 50.72% (As of Dec. 2023)


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What is Yik Wo International 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. Yik Wo International Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 50.72%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Yik Wo International Holdings's 3-Year ROIIC % or its related term are showing as below:

HKSE:08659's 3-Year ROIIC % is ranked better than
86.88% of 381 companies
in the Packaging & Containers industry
Industry Median: 4.01 vs HKSE:08659: 50.72

Yik Wo International Holdings 3-Year ROIIC % Historical Data

The historical data trend for Yik Wo International 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.

* Premium members only.

Yik Wo International Holdings 3-Year ROIIC % Chart

Yik Wo International Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial - -20.46 -159.57 35.30 50.72

Yik Wo International Holdings Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-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 35.30 - - - 50.72

Competitive Comparison of Yik Wo International Holdings's 3-Year ROIIC %

For the Packaging & Containers subindustry, Yik Wo International 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.


Yik Wo International Holdings's 3-Year ROIIC % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Yik Wo International Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Yik Wo International Holdings's 3-Year ROIIC % falls into.



Yik Wo International Holdings 3-Year ROIIC % Calculation

Yik Wo International Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 31.5467139 (Dec. 2023) - 24.6631277 (Dec. 2020) )/( 87.117 (Dec. 2023) - 73.545 (Dec. 2020) )
=6.8835862/13.572
=50.72%***

* 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 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.


Yik Wo International Holdings  (HKSE:08659) 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.


Yik Wo International Holdings 3-Year ROIIC % Related Terms

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Yik Wo International Holdings (HKSE:08659) Business Description

Traded in Other Exchanges
N/A
Address
Wukeng Industrial Zone, Longhu Town, Fujian Province, Jinjiang, CHN
Yik Wo International Holdings Ltd is engaged in the design and development, manufacturing and sales of disposable plastic food storage containers. The company's plastic containers are processed by high temperature hot-melt plastic injection moulding method with polypropylene resin or other thermoplastic materials. In terms of application, disposable plastic food storage containers can be divided into lunch boxes, fresh and preserved fruit containers, semi-food containers and others. It sells its products under JAZZIT brand. Its regular products feature with only one compartment; and customised products can store various kinds of food and beverage with its multi-compartment disposable plastic food storage containers. The group derives prime revenue from the PRC.

Yik Wo International Holdings (HKSE:08659) Headlines

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