10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Computime Group's 10-Year ROIIC % for the quarter that ended in Mar. 2023 was 2.97%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Computime Group's 10-Year ROIIC % or its related term are showing as below:
HKSE:00320's 10-Year ROIIC % is ranked worse than 53.76% of 2329
companies
in the Hardware industry
Industry Median: 4.11
vs HKSE:00320: 2.97
Computime Group 10-Year ROIIC % Historical Data
The historical data trend for Computime Group's 10-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.
Competitive Comparison of Computime Group's 10-Year ROIIC %
For the Consumer Electronics subindustry, Computime Group's 10-Year ROIIC %, along with its competitors' market caps and 10-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.
Computime Group's 10-Year ROIIC % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Computime Group's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Computime Group's 10-Year ROIIC % falls into.
Computime Group 10-Year ROIIC % Calculation
Computime Group's 10-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* 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 10-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.
Computime Group (HKSE:00320) 10-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.
Computime Group 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Computime Group's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Computime Group Ltd is engaged in research and development, design, manufacture, trading, and distribution of electronic control products. The company operates in business segments that include the Control Solutions Business provides design, engineering, technology, and manufacturing services, including Original Equipment Manufacturer (OEM) and Original Design Manufacturer; and the Branded Business segment, which offers smart home, energy management, and home solutions to professional installers, property developers, utility companies, and wholesaler. The company generates a vast majority of its revenue from the Control solutions segment. Geographically, the operations are spread throughout America, Europe, Oceania, and Asia.
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