GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Binhai Investment Co Ltd (HKSE:02886) » Definitions » 5-Year ROIIC %

Binhai Investment Co (HKSE:02886) 5-Year ROIIC % : 2.72% (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Binhai Investment Co 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Binhai Investment Co's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was 2.72%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Binhai Investment Co's 5-Year ROIIC % or its related term are showing as below:

HKSE:02886's 5-Year ROIIC % is ranked worse than
57.4% of 500 companies
in the Utilities - Regulated industry
Industry Median: 3.71 vs HKSE:02886: 2.72

Binhai Investment Co 5-Year ROIIC % Historical Data

The historical data trend for Binhai Investment Co's 5-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.

Binhai Investment Co 5-Year ROIIC % Chart

Binhai Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.92 0.37 4.10 3.08 2.72

Binhai Investment Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
5-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 4.10 - 3.08 - 2.72

Competitive Comparison of Binhai Investment Co's 5-Year ROIIC %

For the Utilities - Regulated Gas subindustry, Binhai Investment Co's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Binhai Investment Co's 5-Year ROIIC % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Binhai Investment Co's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Binhai Investment Co's 5-Year ROIIC % falls into.



Binhai Investment Co 5-Year ROIIC % Calculation

Binhai Investment Co's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 355.9872505 (Dec. 2023) - 237.99625 (Dec. 2018) )/( 9390.387 (Dec. 2023) - 5053.23 (Dec. 2018) )
=117.9910005/4337.157
=2.72%***

* 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 5-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.


Binhai Investment Co  (HKSE:02886) 5-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.


Binhai Investment Co 5-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Binhai Investment Co's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Binhai Investment Co (HKSE:02886) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, Causeway Bay, Suites 3205-07, 32nd Floor, Tower Two, Times Square, Hong Kong, HKG
Binhai Investment Co Ltd is an investment holding company engaged in the sales of piped natural gas, construction, and gas pipeline installation service, gas passing through service, and sales of bottled natural gas. It derives a majority of its revenue from construction, and gas pipeline installation services in which the group constructs gas pipelines for its clients and connects such pipelines to the group's main gas pipeline networks and charges construction and gas pipeline installation service fees from industrial and commercial customers, property developers and property management companies.
Executives
Teda Investment Holding Co., Ltd.
Tian Jin Tai Da Shi Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Tian Jin Bo Hai Guo You Zi Chan Jing Ying Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Tianjin Teda Investment Holding Co., Ltd. 2201 Interest of corporation controlled by you
China Petrochemical Corporation 2101 Beneficial owner
Zhong Guo Shi You Hua Gong Gu Fen You Xian Gong Si 2101 Beneficial owner

Binhai Investment Co (HKSE:02886) Headlines

No Headlines