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Solargiga Energy Holdings (HKSE:00757) 1-Year ROIIC % : 46.67% (As of Jun. 2024)


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What is Solargiga Energy Holdings 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Solargiga Energy Holdings's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was 46.67%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Solargiga Energy Holdings's 1-Year ROIIC % or its related term are showing as below:

HKSE:00757's 1-Year ROIIC % is ranked better than
73.8% of 977 companies
in the Semiconductors industry
Industry Median: 2.48 vs HKSE:00757: 46.67

Solargiga Energy Holdings 1-Year ROIIC % Historical Data

The historical data trend for Solargiga Energy Holdings's 1-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.

Solargiga Energy Holdings 1-Year ROIIC % Chart

Solargiga Energy Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.33 13.42 -16.49 7.91 -91.78

Solargiga Energy Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
1-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 122.85 7.91 0.17 -91.78 46.67

Competitive Comparison of Solargiga Energy Holdings's 1-Year ROIIC %

For the Solar subindustry, Solargiga Energy Holdings's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


Solargiga Energy Holdings's 1-Year ROIIC % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solargiga Energy Holdings's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Solargiga Energy Holdings's 1-Year ROIIC % falls into.



Solargiga Energy Holdings 1-Year ROIIC % Calculation

Solargiga Energy Holdings's 1-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 5.0131 (Jun. 2024) - -2.2756 (Jun. 2023) )/( 2524.643 (Jun. 2024) - 2509.027 (Jun. 2023) )
=7.2887/15.616000000001
=46.67%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


Solargiga Energy Holdings  (HKSE:00757) 1-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.


Solargiga Energy Holdings 1-Year ROIIC % Related Terms

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Solargiga Energy Holdings Business Description

Traded in Other Exchanges
Address
25 Harbour Road, Room 1402, Harbour Centre, Wanchai, Hong Kong, HKG
Solargiga Energy Holdings Ltd is a supplier of upstream and downstream solar energy services. It is involved in segments: the manufacture and trading of photovoltaic modules; the construction and operation of photovoltaic power plants; and the manufacture and trading of semiconductor, the trading of monocrystalline silicon solar cells and others. The company derives the majority of its revenues from the manufacturing and trading of photovoltaic modules. It mainly operates in Mainland China, Japan, Taiwan, Europe and other Asian regions.
Executives
Hiramatsu International Corp. 2101 Beneficial owner
Sze Tan Hung 2101 Beneficial owner
Tung Ching Sai 2202 Interest of your spouse
Tan Wenhua
Hiramatsu International Corporation

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