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Tong-Tai Machine Tool Co (TPE:4526) 1-Year ROIIC % : 132.78% (As of Dec. 2024)


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What is Tong-Tai Machine Tool 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. Tong-Tai Machine Tool Co's 1-Year ROIIC % for the quarter that ended in Dec. 2024 was 132.78%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Tong-Tai Machine Tool Co's 1-Year ROIIC % or its related term are showing as below:

TPE:4526's 1-Year ROIIC % is ranked better than
91.56% of 2678 companies
in the Industrial Products industry
Industry Median: 1.2 vs TPE:4526: 132.78

Tong-Tai Machine Tool Co 1-Year ROIIC % Historical Data

The historical data trend for Tong-Tai Machine Tool 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.

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Tong-Tai Machine Tool Co 1-Year ROIIC % Chart

Tong-Tai Machine Tool Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.85 491.85 -5.61 29.38 132.78

Tong-Tai Machine Tool Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 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 29.38 49.24 89.28 104.04 132.78

Competitive Comparison of Tong-Tai Machine Tool Co's 1-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Tong-Tai Machine Tool 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.


Tong-Tai Machine Tool Co's 1-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tong-Tai Machine Tool Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Tong-Tai Machine Tool Co's 1-Year ROIIC % falls into.


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Tong-Tai Machine Tool Co 1-Year ROIIC % Calculation

Tong-Tai Machine Tool Co'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
=( -946.724691 (Dec. 2024) - -181.383342 (Dec. 2023) )/( 9723.293 (Dec. 2024) - 10299.699 (Dec. 2023) )
=-765.341349/-576.406
=132.78%***

* 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.


Tong-Tai Machine Tool Co  (TPE:4526) 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.


Tong-Tai Machine Tool Co 1-Year ROIIC % Related Terms

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Tong-Tai Machine Tool Co Business Description

Traded in Other Exchanges
N/A
Address
No.3, Luke 3rd Road, Kaohsiung Science Park, Luzhu District, Kaohsiung, TWN, 82151
Tong-Tai Machine Tool Co Ltd is engaged in the manufacturing and selling of machines and selling of machine tools, computer components, computer numerical control lathes, and cutting centers. Its products line includes machine tools, such as vertical machining, 5-axis machining, tapping, horizontal machining, 5-axis horizontal machining, multi-tasking turning, and ultrasonic-assisted machining centers, as well as boring and milling machines, horizontal and vertical CNC lathes, and wheel machines; and PCB machines, comprising drilling and routing machines. The company operates in various geographical areas including Taiwan, China, Europe, Asia, and others. The company has three segments: Machine Manufacturer, which derives key revenue; Component Manufacturer and Others.

Tong-Tai Machine Tool Co Headlines

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