Next Technology Holding (Next Technology Holding) 1-Year ROIIC % : 8.64% (As of Mar. 2024)

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What is Next Technology Holding 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. Next Technology Holding's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 8.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Next Technology Holding's 1-Year ROIIC % or its related term are showing as below:

NXTT's 1-Year ROIIC % is ranked better than
55.02% of 2599 companies
in the Software industry
Industry Median: 4.25 vs NXTT: 8.64

Next Technology Holding 1-Year ROIIC % Historical Data

The historical data trend for Next Technology Holding'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.

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Next Technology Holding 1-Year ROIIC % Chart

Next Technology Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

1-Year ROIIC %

25.49

-38.10

79.12

Next Technology Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
1-Year ROIIC %	Get a 7-Day Free Trial															-125.79	-96.18	24.72	79.12	8.64

Competitive Comparison of Next Technology Holding's 1-Year ROIIC %

For the Software - Application subindustry, Next Technology Holding'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.

Next Technology Holding's 1-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, Next Technology Holding's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Next Technology Holding's 1-Year ROIIC % falls into.

Next Technology Holding 1-Year ROIIC % Calculation

Next Technology Holding's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %	=	1-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	1-Year Incremental Invested Capital
	=	( -2.7841 (Mar. 2024) - -6.9983 (Mar. 2023) )	/	( 68.141 (Mar. 2024) - 19.39 (Mar. 2023) )
	=	4.2142	/	48.751
	=	8.64%^***

** 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.

Next Technology Holding (NAS:NXTT) 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.

Next Technology Holding 1-Year ROIIC % Related Terms

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Next Technology Holding (Next Technology Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Next Technology Holding Inc (NAS:NXTT) » Definitions » 1-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Kechuang 10th Street, Room 101, Level 1 Building 8, Beijing Economic and Technological, Development Zone, Beijing, CHN, 100020

Website

https://www.wetradegroup.net

WeTrade Group Inc is engaged in providing technical services and solutions via its membership-based social e-commerce platform and chatGPT technical services. The company provides technology services to both individual and corporate users. It offers an international cloud-based intelligence system and independently developed a micro-business cloud intelligence system called the YCloud. The company also serves tourism, hospitality, livestreaming and short video, medical beauty, and traditional retail industries.

Executives

Biming Guo	director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, BEIJING F4 100020
Kean Tat Che	director, officer: CFO and Executive Director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Yuxing Ye	director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Donghui Wang	director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Ning Qin	director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Pijun Liu	director, 10 percent owner, officer: CEO and Executive Director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Zhuo Li	director, officer: COO and Executive Director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Daxue Li	director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Zheng Dai	director, 10 percent owner, officer: Chairman and Exec. Director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Hung Fai Choi	director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000