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TaiDoc Technology (TPE:4736) 1-Year ROIIC % : 628.63% (As of Sep. 2024)


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What is TaiDoc 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. TaiDoc Technology's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 628.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TPE:4736's 1-Year ROIIC % is ranked better than
94.51% of 820 companies
in the Medical Devices & Instruments industry
Industry Median: 1.665 vs TPE:4736: 628.63

TaiDoc Technology 1-Year ROIIC % Historical Data

The historical data trend for TaiDoc 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.

* Premium members only.

TaiDoc Technology 1-Year ROIIC % Chart

TaiDoc Technology 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 59.89 103.13 35.48 -673.91 -40,056.68

TaiDoc Technology 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 232.72 -40,056.68 -575.93 -747.95 628.63

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

For the Medical Devices subindustry, TaiDoc 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.


TaiDoc Technology's 1-Year ROIIC % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, TaiDoc Technology's 1-Year ROIIC % distribution charts can be found below:

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



TaiDoc Technology 1-Year ROIIC % Calculation

TaiDoc Technology'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
=( 594.8513 (Sep. 2024) - 1043.2863 (Sep. 2023) )/( 5671.609 (Sep. 2024) - 5742.944 (Sep. 2023) )
=-448.435/-71.335000000001
=628.63%***

* 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.


TaiDoc Technology  (TPE:4736) 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.


TaiDoc Technology 1-Year ROIIC % Related Terms

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TaiDoc Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 127, Wugong 2nd Road, 6th Floor, Wugu District, New Taipei City, TWN, 24888
TaiDoc Technology Corp is in the business of manufacturing and marketing electronic components and medical devices. It focuses on providing complete solutions covering Home care diagnostics, Professional instruments, and Telehealth systems. Its products and services include a Blood glucose monitoring system, Multiple parameters monitoring system, Irregular heartbeat detection, Vital sign monitor, Nebulizer, and others. The firm's manufacturing facilities are in Taipei and Taoyuan. It has three segments Manufacturing of Medical Devices, Precision Finishing Division, and Sales of Medical Devices. It derives the majority of its revenue from the Manufacturing of Medical Devices. Geographically, the company derives its key revenue from Europe and the rest from Americas, Middle East, and others.

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