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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.
Golden Solar New Energy Technology Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -92.73%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
HKSE:01121's 3-Year ROIIC % is ranked worse than 92.85% of 1021
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.52
vs HKSE:01121: -92.73
Golden Solar New Energy Technology Holdings (HKSE:01121) 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.
Golden Solar New Energy Technology Holdings 3-Year ROIIC % Related Terms
Golden Solar New Energy Technology Holdings 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.
Golden Solar New Energy Technology Holdings 3-Year ROIIC % Chart
Golden Solar New Energy Technology Holdings Annual Data
HKSE:01121 vs NKE, DECK, ONON: 3-Year ROIIC % Comparison
For the Footwear & Accessories subindustry, Golden Solar New Energy Technology Holdings'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.
Golden Solar New Energy Technology Holdings 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Golden Solar New Energy Technology Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Golden Solar New Energy Technology Holdings's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -321.827 (Dec. 2025) - -234.582 (Dec. 2022) )
/
( 588.117 (Dec. 2025) - 494.03 (Dec. 2022) )
=
-87.245
/
94.087
=
-92.73%***
* 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.
Golden Solar New Energy Technology Holdings (HKSE:01121) has a 3-Year ROIIC % of -92.73 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 Golden Solar New Energy Technology Holdings and its competitors. According to the industry distribution chart, Golden Solar New Energy Technology Holdings ranks #948 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 92.9%.
Is Golden Solar New Energy Technology Holdings' 3-Year ROIIC % too high?
Golden Solar New Energy Technology Holdings' current 3-Year ROIIC % is -92.73. Based on the distribution chart, Golden Solar New Energy Technology Holdings ranks #948 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Golden Solar New Energy Technology Holdings has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Golden Solar New Energy Technology Holdings' 3-Year ROIIC % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Golden Solar New Energy Technology Holdings ranks #948 out of 1021 companies for 3-Year ROIIC %. This places Golden Solar New Energy Technology Holdings in the lower half of its industry. The industry median 3-Year ROIIC % is 1.52. 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 Manufacturing - Apparel & Accessories company?
The median 3-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 1.52, based on 1,021 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. 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 Golden Solar New Energy Technology Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Solar New Energy Technology Holdings's current 3-Year ROIIC % is -92.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Solar New Energy Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Golden Solar New Energy Technology Holdings (HKSE:01121) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.42, compared to a current price of HK$0.36 — trading 74.6% below its estimated fair value. The current 3-Year ROIIC % is -92.73. Golden Solar New Energy Technology Holdings' overall GF Score™ is 33/100 with 8 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 Golden Solar New Energy Technology Holdings (HKSE:01121), the current 3-Year ROIIC % is -92.73 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 Golden Solar New Energy Technology Holdings (HKSE:01121) Overvalued in 2026?
Based on GuruFocus' analysis, Golden Solar New Energy Technology Holdings stock appears to be undervalued.
The current stock price of HK$0.36 is trading 74.6% below its estimated GF Value™ of HK$1.42.
GuruFocus considers Golden Solar New Energy Technology Holdings to be Possible Value Trap.
Key valuation signals for HKSE:01121:
3-Year ROIIC %: -92.73
GF Value™: HK$1.42 vs. price of HK$0.36 (74.6% below fair value)
No single metric tells the full story. See the HKSE:01121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Golden Solar New Energy Technology Holdings Ltd is an investment holding, with its subsidiaries engaged in the manufacture and sale of slippers, sandals, casual footwear, Graphene-based EVA Foam Material and Graphene-based Slippers, Sterilizing Chips and graphene air sterilizers, and Cast-mono wafers and Castmono HJT solar cells and modules, HBC solar cells, HBC flexible modules and bendable solar awnings in the PRC. Its segments are the Boree branded products segment; the graphene-based products segment; the Original Equipment Manufacturer; and the photovoltaic products segment. Majority revenue is generated from Original Equipment Manufacturer segment produces slippers for branding and resale by others.
33GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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