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Chen Ke Ming Food Manufacturing Co (SZSE:002661) 1-Year ROIIC % : 197.24% (As of Mar. 2024)


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What is Chen Ke Ming Food Manufacturing Co 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. Chen Ke Ming Food Manufacturing Co's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 197.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Chen Ke Ming Food Manufacturing Co's 1-Year ROIIC % or its related term are showing as below:

SZSE:002661's 1-Year ROIIC % is ranked better than
92.61% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs SZSE:002661: 197.24

Chen Ke Ming Food Manufacturing Co 1-Year ROIIC % Historical Data

The historical data trend for Chen Ke Ming Food Manufacturing Co'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.

Chen Ke Ming Food Manufacturing Co 1-Year ROIIC % Chart

Chen Ke Ming Food Manufacturing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.65 -47.71 -127.32 8.69 -372.40

Chen Ke Ming Food Manufacturing Co 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 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 9.22 5.15 -1.09 -372.40 197.24

Competitive Comparison of Chen Ke Ming Food Manufacturing Co's 1-Year ROIIC %

For the Packaged Foods subindustry, Chen Ke Ming Food Manufacturing Co'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.


Chen Ke Ming Food Manufacturing Co's 1-Year ROIIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chen Ke Ming Food Manufacturing Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Chen Ke Ming Food Manufacturing Co's 1-Year ROIIC % falls into.



Chen Ke Ming Food Manufacturing Co 1-Year ROIIC % Calculation

Chen Ke Ming Food Manufacturing Co'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
=( 118.6089 (Mar. 2024) - 294.5768 (Mar. 2023) )/( 5968.73 (Mar. 2024) - 6057.943 (Mar. 2023) )
=-175.9679/-89.213
=197.24%***

* 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.


Chen Ke Ming Food Manufacturing Co  (SZSE:002661) 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.


Chen Ke Ming Food Manufacturing Co 1-Year ROIIC % Related Terms

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Chen Ke Ming Food Manufacturing Co (SZSE:002661) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Zhenhua Road, Environmental Protection Technology Industrial Park, Yuhua District, Hunan Province, Changsha, CHN, 410116
Chen Ke Ming Food Manufacturing Co Ltd is a food manufacturing company in China. It is engaged in the research and development, production, and sale of middle and high-grade fine dried noodles. Its noodles are categories into six series - nutrition, power, high-gluten, gift, children, and other series. The company distributes its products under the brand name CKM.
Executives
Chen Hong Directors, executives
Chen Yan Secretary, Director
Yang Bo Executives
Zhang Bo Dong Executives
Zhang Xiao Executives
Li Rui Executives
Duan Ju Xiang Director
Zhang Jun Hui Executives
Chen Ke Zhong Director
Yang Li Juan Supervisors
Zhang Mu Lin Independent director
Li Qing Long Independent director
Chen Ke Ming Director
Chen Hui Director
Wang Yong Secretary, Director

Chen Ke Ming Food Manufacturing Co (SZSE:002661) Headlines

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