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Kossan Rubber Industries Bhd (XKLS:7153) 3-Year ROIIC % : 393.08% (As of Dec. 2023)


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What is Kossan Rubber Industries Bhd 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. Kossan Rubber Industries Bhd's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 393.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Kossan Rubber Industries Bhd's 3-Year ROIIC % or its related term are showing as below:

XKLS:7153's 3-Year ROIIC % is ranked better than
95.79% of 831 companies
in the Medical Devices & Instruments industry
Industry Median: -1.98 vs XKLS:7153: 393.08

Kossan Rubber Industries Bhd 3-Year ROIIC % Historical Data

The historical data trend for Kossan Rubber Industries Bhd'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.

Kossan Rubber Industries Bhd 3-Year ROIIC % Chart

Kossan Rubber Industries Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.53 120.48 1,571.84 -90.31 393.08

Kossan Rubber Industries Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 393.08 -

Competitive Comparison of Kossan Rubber Industries Bhd's 3-Year ROIIC %

For the Medical Instruments & Supplies subindustry, Kossan Rubber Industries Bhd'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.


Kossan Rubber Industries Bhd's 3-Year ROIIC % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kossan Rubber Industries Bhd's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Kossan Rubber Industries Bhd's 3-Year ROIIC % falls into.



Kossan Rubber Industries Bhd 3-Year ROIIC % Calculation

Kossan Rubber Industries Bhd's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 13.3457724 (Dec. 2023) - 1096.0463888 (Dec. 2020) )/( 1961.526 (Dec. 2023) - 2236.968 (Dec. 2020) )
=-1082.7006164/-275.442
=393.08%***

* 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.


Kossan Rubber Industries Bhd  (XKLS:7153) 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.


Kossan Rubber Industries Bhd 3-Year ROIIC % Related Terms

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Kossan Rubber Industries Bhd (XKLS:7153) Business Description

Traded in Other Exchanges
N/A
Address
Lot 782, Jalan Sungai Putus, Wisma Kossan, Off Batu 3 ¾ Jalan Kapar, Klang, SGR, MYS, 42100
Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical-grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber's revenue is generated through exports outside of Malaysia.

Kossan Rubber Industries Bhd (XKLS:7153) Headlines

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