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China Jo-Jo Drugstores (FRA:7QL) 3-Year ROIIC % : 166.80% (As of Mar. 2023)


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What is China Jo-Jo Drugstores 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. China Jo-Jo Drugstores's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 166.80%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for China Jo-Jo Drugstores's 3-Year ROIIC % or its related term are showing as below:

FRA:7QL's 3-Year ROIIC % is ranked better than
94.91% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 2.27 vs FRA:7QL: 166.80

China Jo-Jo Drugstores 3-Year ROIIC % Historical Data

The historical data trend for China Jo-Jo Drugstores's 3-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.

China Jo-Jo Drugstores 3-Year ROIIC % Chart

China Jo-Jo Drugstores Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.21 -5.35 25.99 -9.97 166.80

China Jo-Jo Drugstores Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
3-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 - -9.97 - 166.80 -

Competitive Comparison of China Jo-Jo Drugstores's 3-Year ROIIC %

For the Pharmaceutical Retailers subindustry, China Jo-Jo Drugstores's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


China Jo-Jo Drugstores's 3-Year ROIIC % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, China Jo-Jo Drugstores's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where China Jo-Jo Drugstores's 3-Year ROIIC % falls into.



China Jo-Jo Drugstores 3-Year ROIIC % Calculation

China Jo-Jo Drugstores's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -19.915336 (Mar. 2023) - -5.783848 (Mar. 2020) )/( 57.508 (Mar. 2023) - 63.822 (Mar. 2020) )
=-14.131488/-6.314
=223.81%***

* 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 3-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.


China Jo-Jo Drugstores  (FRA:7QL) 3-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.


China Jo-Jo Drugstores 3-Year ROIIC % Related Terms

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China Jo-Jo Drugstores (FRA:7QL) Business Description

Traded in Other Exchanges
Address
386 Shangtang Road, Hai Wai Hai Tongxin Mansion Floor 6, Gong Shu District, Zhejiang Province, Hangzhou, CHN, 310008
China Jo-Jo Drugstores Inc is a retailer and distributor of pharmaceutical products. The company's operating segments include Retail drugstores, Online Pharmacy, Drug wholesale, and Herb farming. Retail drugstores segment sells prescription and over-the-counter medicines, TCM, dietary supplements, medical devices, and sundry items to retail customers. The online pharmacy segment sells drugs through third-party platforms such as Alibaba's Tmall, JD.com, and Amazon.com. It generates maximum revenue from the Retail drugstores segment.

China Jo-Jo Drugstores (FRA:7QL) Headlines

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