GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Optics Technology Holding Co Ltd (SZSE:300489) » Definitions » 1-Year ROIIC %

Optics Technology Holding Co (SZSE:300489) 1-Year ROIIC % : 11.14% (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Optics Technology Holding Co 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. Optics Technology Holding Co's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 11.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SZSE:300489's 1-Year ROIIC % is ranked better than
60.91% of 2430 companies
in the Metals & Mining industry
Industry Median: -1.405 vs SZSE:300489: 11.14

Optics Technology Holding Co 1-Year ROIIC % Historical Data

The historical data trend for Optics Technology Holding Co'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.

Optics Technology Holding Co 1-Year ROIIC % Chart

Optics Technology Holding Co 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 20.15 16.30 -0.91 -8.75 -20.27

Optics Technology Holding Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -18.83 -20.27 -12.90 6.71 11.14

Competitive Comparison of Optics Technology Holding Co's 1-Year ROIIC %

For the Aluminum subindustry, Optics Technology Holding Co'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.


Optics Technology Holding Co's 1-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Optics Technology Holding Co's 1-Year ROIIC % distribution charts can be found below:

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



Optics Technology Holding Co 1-Year ROIIC % Calculation

Optics Technology Holding Co's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 9.3557 (Sep. 2024) - -84.0203 (Sep. 2023) )/( 3304.939 (Sep. 2024) - 2466.475 (Sep. 2023) )
=93.376/838.464
=11.14%***

* 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.


Optics Technology Holding Co  (SZSE:300489) 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.


Optics Technology Holding Co 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Optics Technology Holding Co's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Optics Technology Holding Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5, 8th Avenue, Pingfang District, Nancheng, Harbin, CHN, 150060
Optics Technology Holding Co Ltd, formerly Harbin ZhongFei New Technology Co Ltd is a manufacturer of high-performance aluminum alloy materials and machined parts. Its engaged in production, sales of mechanical equipment, instrumentation, mechanical processing, industrial automation technology development and technical services. It belongs to the field of new materials technology and new energy and energy-saving technologies. Its products are aluminum alloy forgings, extrusions, and machine parts.
Executives
Gong Tao Directors, executives
Liu Liu Director
Gao Shu Zeng Executives
Zhang Chun Bo Directors, executives
Shi Yong Sheng Supervisors
Zhang Yong Supervisors
Wang Chun Yu Directors, executives
Li Hai Bing Secretary, Director
Wang Gui Xiang Supervisors

Optics Technology Holding Co Headlines

No Headlines