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Hing Ming Holdings (HKSE:08425) 5-Year ROIIC % : -17.12% (As of Mar. 2023)


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What is Hing Ming 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. Hing Ming Holdings's 5-Year ROIIC % for the quarter that ended in Mar. 2023 was -17.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:08425's 5-Year ROIIC % is ranked worse than
78.45% of 970 companies
in the Business Services industry
Industry Median: 3.96 vs HKSE:08425: -17.12

Hing Ming Holdings 5-Year ROIIC % Historical Data

The historical data trend for Hing Ming 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.

Hing Ming Holdings 5-Year ROIIC % Chart

Hing Ming Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only - -7.58 -5.35 0.68 -17.12

Hing Ming Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only - - -17.12 - -

Competitive Comparison of Hing Ming Holdings's 5-Year ROIIC %

For the Rental & Leasing Services subindustry, Hing Ming 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.


Hing Ming Holdings's 5-Year ROIIC % Distribution in the Business Services Industry

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

* The bar in red indicates where Hing Ming Holdings's 5-Year ROIIC % falls into.



Hing Ming Holdings 5-Year ROIIC % Calculation

Hing Ming 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**
=( 2.4509312 (Mar. 2023) - 14.2615128 (Mar. 2018) )/( 147.33 (Mar. 2023) - 78.338 (Mar. 2018) )
=-11.8105816/68.992
=-17.12%***

* 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.


Hing Ming Holdings  (HKSE:08425) 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.


Hing Ming Holdings 5-Year ROIIC % Related Terms

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Hing Ming Holdings (HKSE:08425) Business Description

Traded in Other Exchanges
N/A
Address
83-87 Nathan Road, Room A4, 2nd Floor, Tsim Sha Tsui Mansion, Kowloon, Hong Kong, HKG
Hing Ming Holdings Ltd is engaged in the rental of temporary suspended working platforms and other equipment. It also provides trading of equipment and spare parts, such as permanently suspended working platforms, motors, and wire rope and the only operating segment of the Group is rental and related services and trading of equipment and spare parts.
Executives
Leong Cho Mui 2106 Person having a security interest in shares
Hing Gut Limited 2101 Beneficial owner
Au Fung Yee 2202 Interest of your spouse
Tang Hing Keung 2201 Interest of corporation controlled by you
Lee Yu Leung 2101 Beneficial owner
Woo Lan Ying 2101 Beneficial owner
Lu Zhaoqing
Yang Gang

Hing Ming Holdings (HKSE:08425) Headlines

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