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Forcelead Technology (ROCO:6996) 1-Year ROIIC % : 1,597.57% (As of Dec. 2024)


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What is Forcelead Technology 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. Forcelead Technology's 1-Year ROIIC % for the quarter that ended in Dec. 2024 was 1,597.57%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:6996's 1-Year ROIIC % is ranked better than
98.93% of 2342 companies
in the Hardware industry
Industry Median: 2.94 vs ROCO:6996: 1597.57

Forcelead Technology 1-Year ROIIC % Historical Data

The historical data trend for Forcelead Technology'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.

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Forcelead Technology 1-Year ROIIC % Chart

Forcelead Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
1-Year ROIIC %
- 195.17 -315.64 60.19 1,597.57

Forcelead Technology Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 60.19 - 162.29 - 1,597.57

Competitive Comparison of Forcelead Technology's 1-Year ROIIC %

For the Electronic Components subindustry, Forcelead Technology'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.


Forcelead Technology's 1-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Forcelead Technology's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Forcelead Technology's 1-Year ROIIC % falls into.


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Forcelead Technology 1-Year ROIIC % Calculation

Forcelead Technology's 1-Year ROIIC % for the quarter that ended in Dec. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 560.9162505 (Dec. 2024) - 418.1258018 (Dec. 2023) )/( 514.025 (Dec. 2024) - 505.087 (Dec. 2023) )
=142.7904487/8.9379999999999
=1,597.57%***

* 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.


Forcelead Technology  (ROCO:6996) 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.


Forcelead Technology 1-Year ROIIC % Related Terms

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Forcelead Technology Business Description

Traded in Other Exchanges
N/A
Address
6F-9, No. 5, Taiyuan 1st Street, Hsinchu County, Zhubei, TWN, 302
Forcelead Technology Corp is an professional integrated chip design company mainly dedicated to the research and development and sales of display driver chips and touch integrated driver chips. Its products are mainly targeted in the automotive field, including display driver chips for instrument panels, center consoles, heads-up displays, electronic rearview mirrors, circular knobs, etc. The products have been mass-produced in major international automobile manufacturers in Asia, Europe, and America.

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