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Progressive Path Group Holdings (HKSE:01581) 5-Year ROIIC % : -16.97% (As of Mar. 2023)


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What is Progressive Path Group Holdings 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Progressive Path Group Holdings's 5-Year ROIIC % for the quarter that ended in Mar. 2023 was -16.97%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Progressive Path Group Holdings's 5-Year ROIIC % or its related term are showing as below:

HKSE:01581's 5-Year ROIIC % is ranked worse than
78.56% of 970 companies
in the Business Services industry
Industry Median: 4.035 vs HKSE:01581: -16.97

Progressive Path Group Holdings 5-Year ROIIC % Historical Data

The historical data trend for Progressive Path Group Holdings's 5-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.

Progressive Path Group Holdings 5-Year ROIIC % Chart

Progressive Path Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -49.90 -53.93 -37.91 -16.65 -16.97

Progressive Path Group Holdings Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
5-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 - -16.65 - -16.97 -

Competitive Comparison of Progressive Path Group Holdings's 5-Year ROIIC %

For the Rental & Leasing Services subindustry, Progressive Path Group Holdings's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Progressive Path Group Holdings's 5-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Progressive Path Group Holdings's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Progressive Path Group Holdings's 5-Year ROIIC % falls into.



Progressive Path Group Holdings 5-Year ROIIC % Calculation

Progressive Path Group Holdings's 5-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( -15.3150552 (Mar. 2023) - 5.0963952 (Mar. 2018) )/( 448.817 (Mar. 2023) - 328.544 (Mar. 2018) )
=-20.4114504/120.273
=-16.97%***

* 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 5-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.


Progressive Path Group Holdings  (HKSE:01581) 5-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.


Progressive Path Group Holdings 5-Year ROIIC % Related Terms

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Progressive Path Group Holdings (HKSE:01581) Business Description

Traded in Other Exchanges
N/A
Address
Number 22 Hoi Wing Road, Unit 1108, 11th Floor, Tuen Mun Central Square, Tuen Mun, New Territories, Hong Kong, HKG
Progressive Path Group Holdings Ltd is engaged in construction engineering work and the provision of construction machinery rental services in Hong Kong. Its construction machinery rental services represent the rental of construction machines and construction vehicles to customers, and the provision of machine operators and transportation services as part of its one-stop construction machinery rental services. Its construction works represent the construction projects undertaken, the nature of which are broadly classified as foundation and site formation works, and builder's work and general building works. Its segments are Construction works and Construction Machinery Rental.
Executives
Profit Gold Global Limited 2101 Beneficial owner
Kwok Wai Sheung Melody 2202 Interest of your spouse
Wu Wing Hang 2201 Interest of corporation controlled by you

Progressive Path Group Holdings (HKSE:01581) Headlines

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