QPL International Holdings (HKSE:00243) ROIC %: 11.80% (As of Oct. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00243 QPL International Holdings Ltd HKSE:00243
38 GF Score
Price HK$0.45
GF Value HK$0.16
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is QPL International Holdings ROIC %?

QPL International Holdings HKSE:00243 +3.45% 38 ROIC % is 11.80% as of Oct. 2025. GuruFocus rates HKSE:00243 with a GF Score™ of 38/100 and a GF Value™ of HK$0.16 (Significantly Overvalued). The stock has 3 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. QPL International Holdings's annualized return on invested capital (ROIC %) for the quarter that ended in Oct. 2025 was 11.80%.

As of today (2026-08-12), QPL International Holdings's WACC % is 7.96%. QPL International Holdings's ROIC % is 14.08% (calculated using TTM income statement data). QPL International Holdings generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


QPL International Holdings  (HKSE:00243) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, QPL International Holdings's WACC % is 7.96%. QPL International Holdings's ROIC % is 14.08% (calculated using TTM income statement data). QPL International Holdings generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


QPL International Holdings ROIC % Related Terms


QPL International Holdings ROIC % Historical Data

* Premium members only.

The historical data trend for QPL International Holdings's ROIC % 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.

QPL International Holdings ROIC % Chart

QPL International Holdings Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.86 -4.09 -11.34 1.43 13.66

QPL International Holdings Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
ROIC % 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 -14.61 0.01 2.48 11.80 14.98

HKSE:00243 vs NVDA, AVGO, MU: ROIC % Comparison

For the Semiconductors subindustry, QPL International Holdings's ROIC %, along with its competitors' market caps and ROIC % 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.


QPL International Holdings ROIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, QPL International Holdings's ROIC % distribution charts can be found below:

* The bar in red indicates where QPL International Holdings's ROIC % falls into.


HKSE:00243
38GF Score
QPL International Holdings Ltd HKSE:00243
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

QPL International Holdings ROIC % Calculation

QPL International Holdings's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Apr. 2025 is calculated as:

ROIC % (A: Apr. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Apr. 2024 ) + Invested Capital (A: Apr. 2025 ))/ count )
=3.599 * ( 1 - 0% )/( (258.116 + 244.964)/ 2 )
=3.599/251.54
=1.43 %

where

Invested Capital(A: Apr. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=461.285 - 82.053 - ( 121.116 - max(0, 134.754 - 336.252+121.116))
=258.116

Invested Capital(A: Apr. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=465.066 - 81.411 - ( 138.691 - max(0, 140.45 - 345.744+138.691))
=244.964

QPL International Holdings's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Oct. 2025 is calculated as:

ROIC % (Q: Oct. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2025 ) + Invested Capital (Q: Oct. 2025 ))/ count )
=30.864 * ( 1 - 1.19% )/( (244.964 + 271.823)/ 2 )
=30.4967184/258.3935
=11.80 %

where

Invested Capital(Q: Apr. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=465.066 - 81.411 - ( 138.691 - max(0, 140.45 - 345.744+138.691))
=244.964

Invested Capital(Q: Oct. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=555.674 - 89.36 - ( 194.491 - max(0, 143.968 - 438.545+194.491))
=271.823

Note: The Operating Income data used here is two times the semi-annual (Oct. 2025) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 11.80% mean?
QPL International Holdings (HKSE:00243) has a ROIC % of 11.80% as of Oct. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on QPL International Holdings and its competitors.
Is QPL International Holdings' ROIC % too high?
QPL International Holdings' current ROIC % is 11.80%. The Semiconductors industry median ROIC % is 3.98. QPL International Holdings' value of 11.80% is 196.5% above this industry median. Overall, QPL International Holdings has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does QPL International Holdings' ROIC % compare to NVDA and AVGO?
QPL International Holdings' ROIC % of 11.80% can be compared against companies in the Semiconductors industry. The industry median ROIC % is 3.98. QPL International Holdings' value of 11.80% is 196.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Semiconductors company?
The median ROIC % among Semiconductors companies is 3.98, based on 1,013 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. QPL International Holdings's current ROIC % of 11.80% is 196.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on QPL International Holdings and its competitors. For the Semiconductors industry, the median ROIC % is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QPL International Holdings's current ROIC % is 11.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QPL International Holdings stock overvalued right now?
Based on GuruFocus' analysis, QPL International Holdings (HKSE:00243) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.16, compared to a current price of HK$0.45 — trading 181.3% above its estimated fair value. The current ROIC % is 11.80% and 196.5% above the Semiconductors industry median of 3.98. QPL International Holdings' overall GF Score™ is 38/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For QPL International Holdings (HKSE:00243), the current ROIC % is 11.80% as of Oct. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is QPL International Holdings (HKSE:00243) Overvalued in 2026?

Based on GuruFocus' analysis, QPL International Holdings stock appears to be overvalued. The current stock price of HK$0.45 is trading 181.3% above its estimated GF Value™ of HK$0.16. GuruFocus considers QPL International Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00243:

  • ROIC %: 11.80%
  • GF Value™: HK$0.16 vs. price of HK$0.45 (181.3% above fair value)
  • GF Score™: 38/100 with 3 warning signs
  • Industry Position: 196.5% above the Semiconductors median

No single metric tells the full story. See the HKSE:00243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


QPL International Holdings Business Description

Address 66-82 Chai Wan Kok Street, Unit H, 24th Floor, Golden Bear Industrial Center, Tsuen Wan, New Territories, Hong Kong, HKG
QPL International Holdings Ltd is engaged in the business of manufacturing and sale of integrated circuit lead frames, heatsinks, stiffners, and related products. The company derives the majority of its revenue from Malaysia, followed by the China. Some of the products of the company are small outline integrated circuit, quad flat package, thin quad flat package, plastic dual into package, plastic leaded chip carrier, and thin small outline package.
38GF Score

Get the complete analysis for HKSE:00243

ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.45
Price
HK$0.16
GF Value