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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Irico Group New Energy Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -15.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Irico Group New Energy Co's 3-Year ROIIC % or its related term are showing as below:
HKSE:00438's 3-Year ROIIC % is ranked worse than 67.04% of 995
companies
in the Semiconductors industry
Industry Median: -0.18
vs HKSE:00438: -15.31
Irico Group New Energy Co (HKSE:00438) 3-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.
Irico Group New Energy Co 3-Year ROIIC % Related Terms
Irico Group New Energy Co 3-Year ROIIC % Historical Data
* 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.
HKSE:00438 vs FSLR, NXT, ENPH: 3-Year ROIIC % Comparison
For the Solar subindustry, Irico Group New Energy Co's 3-Year ROIIC %, along with its competitors' market caps and 3-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.
Irico Group New Energy Co 3-Year ROIIC % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Irico Group New Energy Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Irico Group New Energy Co's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-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.
Irico Group New Energy Co (HKSE:00438) has a 3-Year ROIIC % of -15.31 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Irico Group New Energy Co and its competitors. According to the industry distribution chart, Irico Group New Energy Co ranks #667 out of 995 companies in the Semiconductors industry, placing it in the top 67%.
Is Irico Group New Energy Co's 3-Year ROIIC % too high?
Irico Group New Energy Co's current 3-Year ROIIC % is -15.31. Based on the distribution chart, Irico Group New Energy Co ranks #667 out of 995 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Irico Group New Energy Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Irico Group New Energy Co's 3-Year ROIIC % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Irico Group New Energy Co ranks #667 out of 995 companies for 3-Year ROIIC %. This places Irico Group New Energy Co in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Semiconductors company?
A good 3-Year ROIIC % depends on the Semiconductors industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Irico Group New Energy Co and its competitors. Irico Group New Energy Co's current 3-Year ROIIC % is -15.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Irico Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Irico Group New Energy Co (HKSE:00438) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.80, compared to a current price of HK$1.31 — trading 53.2% below its estimated fair value. The current 3-Year ROIIC % is -15.31. Irico Group New Energy Co's overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Irico Group New Energy Co (HKSE:00438), the current 3-Year ROIIC % is -15.31 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Irico Group New Energy Co (HKSE:00438) Overvalued in 2026?
Based on GuruFocus' analysis, Irico Group New Energy Co stock appears to be undervalued.
The current stock price of HK$1.31 is trading 53.2% below its estimated GF Value™ of HK$2.80.
GuruFocus considers Irico Group New Energy Co to be Possible Value Trap.
Key valuation signals for HKSE:00438:
3-Year ROIIC %: -15.31
GF Value™: HK$2.80 vs. price of HK$1.31 (53.2% below fair value)
No single metric tells the full story. See the HKSE:00438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. Along with its subsidiaries, it produces and sells solar photovoltaic glass, solar photovoltaic modules, and back glass, which is applied to solar cell module packaging. Its geographical segments are: The People's Republic of China (excluding Hong Kong), and Other countries, of which the majority of the revenue comes from China.
49GF Score
Get the complete analysis for HKSE:00438
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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