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.
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.
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.
Bangyan Technology Co does not have enough data to calculate 10-Year ROIIC %.
Bangyan Technology Co (SHSE:688132) 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.
Bangyan Technology Co 10-Year ROIIC % Related Terms
Bangyan Technology Co 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Bangyan Technology Co'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.
SHSE:688132 vs CSCO, MSI, LITE: 10-Year ROIIC % Comparison
For the Communication Equipment subindustry, Bangyan Technology Co'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.
Bangyan Technology Co 10-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Bangyan Technology Co's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Bangyan Technology Co's 10-Year ROIIC % falls into.
Bangyan Technology Co's 10-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( -127.539 (Dec. 2025) - (Dec. 2015) )
/
( 954.236 (Dec. 2025) - (Dec. 2015) )
=
/
=
N/A%***
* 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.
Bangyan Technology Co (SHSE:688132) has a 10-Year ROIIC % of 14.68 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Bangyan Technology Co and its competitors. According to the industry distribution chart, Bangyan Technology Co ranks #586 out of 2151 companies in the Hardware industry, placing it in the top 27.2%.
Is Bangyan Technology Co's 10-Year ROIIC % too high?
Bangyan Technology Co's current 10-Year ROIIC % is 14.68. The Hardware industry median 10-Year ROIIC % is 4.24. Bangyan Technology Co's value of 14.68 is 246.2% above this industry median. Based on the distribution chart, Bangyan Technology Co ranks #586 out of 2151 companies in the Hardware industry, which is above the industry midpoint. Overall, Bangyan Technology Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bangyan Technology Co's 10-Year ROIIC % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Bangyan Technology Co ranks #586 out of 2151 companies for 10-Year ROIIC %. This puts Bangyan Technology Co in the upper half of its industry. The industry median 10-Year ROIIC % is 4.24. Bangyan Technology Co's value of 14.68 is 246.2% 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 10-Year ROIIC % for a Hardware company?
The median 10-Year ROIIC % among Hardware companies is 4.24, based on 2,151 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bangyan Technology Co's current 10-Year ROIIC % of 14.68 is 246.2% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Bangyan Technology Co and its competitors. For the Hardware industry, the median 10-Year ROIIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangyan Technology Co's current 10-Year ROIIC % is 14.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangyan Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Bangyan Technology Co (SHSE:688132) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.51, compared to a current price of ¥16.37 — trading 92.4% above its estimated fair value. The current 10-Year ROIIC % is 14.68 and 246.2% above the Hardware industry median of 4.24. Bangyan Technology Co's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Bangyan Technology Co (SHSE:688132), the current 10-Year ROIIC % is 14.68 as of Dec. 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 Bangyan Technology Co (SHSE:688132) Overvalued in 2026?
Based on GuruFocus' analysis, Bangyan Technology Co stock appears to be overvalued.
The current stock price of ¥16.37 is trading 92.4% above its estimated GF Value™ of ¥8.51.
GuruFocus considers Bangyan Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688132:
10-Year ROIIC %: 14.68
GF Value™: ¥8.51 vs. price of ¥16.37 (92.4% above fair value)
Industry Position: 246.2% above the Hardware median (#586 of 2151)
No single metric tells the full story. See the SHSE:688132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bangyan Technology Co Ltd is engaged in the research and development, manufacturing, sales, and service of information communication and information security equipment.
51GF Score
Get the complete analysis for SHSE:688132
10-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688132 has been successfully added to your 
