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Hon Hai Precision Industry Co (TPE:2317) 10-Year ROIIC % : 6.55% (As of Dec. 2023)


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What is Hon Hai Precision Industry Co 10-Year ROIIC %?

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. Hon Hai Precision Industry Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 6.55%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Hon Hai Precision Industry Co's 10-Year ROIIC % or its related term are showing as below:

TPE:2317's 10-Year ROIIC % is ranked better than
56.81% of 2283 companies
in the Hardware industry
Industry Median: 4.23 vs TPE:2317: 6.55

Hon Hai Precision Industry Co 10-Year ROIIC % Historical Data

The historical data trend for Hon Hai Precision Industry 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.

* Premium members only.

Hon Hai Precision Industry Co 10-Year ROIIC % Chart

Hon Hai Precision Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 2.20 6.56 7.07 6.55

Hon Hai Precision Industry Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
10-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 - 6.55 - - -

Competitive Comparison of Hon Hai Precision Industry Co's 10-Year ROIIC %

For the Electronic Components subindustry, Hon Hai Precision Industry 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.


Hon Hai Precision Industry Co's 10-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hon Hai Precision Industry Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Hon Hai Precision Industry Co's 10-Year ROIIC % falls into.



Hon Hai Precision Industry Co 10-Year ROIIC % Calculation

Hon Hai Precision Industry Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 134105.3970235 (Dec. 2023) - 86096.0182896 (Dec. 2013) )/( 1667928.982 (Dec. 2023) - 934802.682 (Dec. 2013) )
=48009.3787339/733126.3
=6.55%***

* 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.


Hon Hai Precision Industry Co  (TPE:2317) 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.


Hon Hai Precision Industry Co 10-Year ROIIC % Related Terms

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Hon Hai Precision Industry Co Business Description

Traded in Other Exchanges
Address
No.2, Zihyou Street, Tucheng District, New Taipei, TWN, 236
Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for around 54% of overall revenue in 2023. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.

Hon Hai Precision Industry Co Headlines

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