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Precision Tsugami (China) (HKSE:01651) 1-Year ROIIC % : 33.17% (As of Sep. 2023)


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What is Precision Tsugami (China) 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. Precision Tsugami (China)'s 1-Year ROIIC % for the quarter that ended in Sep. 2023 was 33.17%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Precision Tsugami (China)'s 1-Year ROIIC % or its related term are showing as below:

HKSE:01651's 1-Year ROIIC % is ranked better than
75.41% of 2774 companies
in the Industrial Products industry
Industry Median: 2.3 vs HKSE:01651: 33.17

Precision Tsugami (China) 1-Year ROIIC % Historical Data

The historical data trend for Precision Tsugami (China)'s 1-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.

Precision Tsugami (China) 1-Year ROIIC % Chart

Precision Tsugami (China) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only 163.30 -483.48 55.44 63.38 28.35

Precision Tsugami (China) Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
1-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 137.94 63.38 -10.42 28.35 33.17

Competitive Comparison of Precision Tsugami (China)'s 1-Year ROIIC %

For the Tools & Accessories subindustry, Precision Tsugami (China)'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.


Precision Tsugami (China)'s 1-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precision Tsugami (China)'s 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Precision Tsugami (China)'s 1-Year ROIIC % falls into.



Precision Tsugami (China) 1-Year ROIIC % Calculation

Precision Tsugami (China)'s 1-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 552.1143 (Sep. 2023) - 684.3636 (Sep. 2022) )/( 1784.704 (Sep. 2023) - 2183.385 (Sep. 2022) )
=-132.2493/-398.681
=33.17%***

* 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.


Precision Tsugami (China)  (HKSE:01651) 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.


Precision Tsugami (China) 1-Year ROIIC % Related Terms

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Precision Tsugami (China) (HKSE:01651) Business Description

Traded in Other Exchanges
N/A
Address
No. 2001 Pingcheng Road, Pinghu Economic-Technological Development Zone, Zhejiang Province, Pinghu, CHN, 314200
Precision Tsugami (China) Corp Ltd is engaged in the manufacturing and distribution of computer numerical control (CNC) high precision machine tools; and the provision of commercial consultation services. It manufactures and sells CNC machine tools including Precision lathes, Precision machining centres, Precision thread and form rolling machines and Precision grinding machines under the TSUGAMI brand. The company only has one reportable operating segment which is the manufacture and sale of high precision CNC machine tools. Its products are mainly for the Chinese market and are also sold to Japan, Europe, the US, Southeast Asia and other countries.
Executives
Fmr Llc 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Tsugami Corporation 2101 Beneficial owner

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