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Bonny International HoldingHKSE:01906 -2.30%52 3-Year ROIIC % is 22.63 as of Dec. 2025, which is at its 10-year median of 22.63. GuruFocus rates HKSE:01906 with a GF Score™ of 52/100 and a GF Value™ of HK$0.44 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Bonny International Holding ranks better than 77.39% on this metric.
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.
Bonny International Holding's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 22.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Bonny International Holding's 3-Year ROIIC % or its related term are showing as below:
HKSE:01906's 3-Year ROIIC % is ranked better than 77.39% of 1013
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.7
vs HKSE:01906: 22.63
Bonny International Holding (HKSE:01906) 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.
Bonny International Holding 3-Year ROIIC % Related Terms
Bonny International Holding 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:01906 vs RL, LEVI, VFC: 3-Year ROIIC % Comparison
For the Apparel Manufacturing subindustry, Bonny International Holding'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.
Bonny International Holding 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bonny International Holding's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Bonny International Holding's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -3.654 (Dec. 2025) - -38.238525 (Dec. 2022) )
/
( 698.738 (Dec. 2025) - 545.894 (Dec. 2022) )
=
34.584525
/
152.844
=
22.63%***
* 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.
** 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.
Bonny International Holding (HKSE:01906) has a 3-Year ROIIC % of 22.63 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 Bonny International Holding and its competitors. This is near median its historical median of 22.63. According to the industry distribution chart, Bonny International Holding ranks #229 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.6%.
Is Bonny International Holding's 3-Year ROIIC % too high?
Bonny International Holding's current 3-Year ROIIC % of 22.63 is near median its 10-year median of 22.63. The Manufacturing - Apparel & Accessories industry median 3-Year ROIIC % is 1.70. Bonny International Holding's value of 22.63 is 1231.2% above this industry median. Based on the distribution chart, Bonny International Holding ranks #229 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Bonny International Holding has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bonny International Holding's 3-Year ROIIC % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bonny International Holding ranks #229 out of 1013 companies for 3-Year ROIIC %. This places Bonny International Holding in the top 23% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.70. Bonny International Holding's value of 22.63 is 1231.2% above this benchmark. While the company's 10-year median is 22.63 vs. the industry median of 1.70, Bonny International Holding has consistently been above the industry average. 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 1.70, based on 1,013 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. Bonny International Holding's current 3-Year ROIIC % of 22.63 is 1231.2% above the industry median. 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 Bonny International Holding and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonny International Holding's current 3-Year ROIIC % is 22.63, which is near median its own 10-year median of 22.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonny International Holding stock overvalued right now?
Based on GuruFocus' analysis, Bonny International Holding (HKSE:01906) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.44, compared to a current price of HK$0.85 — trading 93.2% above its estimated fair value. The current 3-Year ROIIC % is 22.63, which is near median its 10-year median of 22.63 and 1231.2% above the Manufacturing - Apparel & Accessories industry median of 1.70. Bonny International Holding's overall GF Score™ is 52/100 with 10 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 Bonny International Holding (HKSE:01906), the current 3-Year ROIIC % is 22.63 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 Bonny International Holding (HKSE:01906) Overvalued in 2026?
Based on GuruFocus' analysis, Bonny International Holding stock appears to be overvalued.
The current stock price of HK$0.85 is trading 93.2% above its estimated GF Value™ of HK$0.44.
GuruFocus considers Bonny International Holding to be Significantly Overvalued.
Key valuation signals for HKSE:01906:
3-Year ROIIC %: 22.63 (near median its 10-year median of 22.63)
GF Value™: HK$0.44 vs. price of HK$0.85 (93.2% above fair value)
Industry Position: 1231.2% above the Manufacturing - Apparel & Accessories median (#229 of 1013)
No single metric tells the full story. See the HKSE:01906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bonny International Holding Ltd is principally engaged in the manufacturing of intimate wear products for overseas apparel companies. The segments of the company are the Brand products segment, which involves the manufacture and sale of ladies Brassieres, Panties, and Thermal underwear with the Bonny brand to the domestic market; and the Original Design Manufacturer (ODM) products segment, which engages in the manufacture and sale of Seamless underwear or other ODM products for overseas customers or their agents. Geographically, the group derives key revenue from the United States, Mainland China, Germany, Canada, the Netherlands, and others, of which the maximum revenue is derived from Mainland China.
52GF Score
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