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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.
LX Technology Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 43.06%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for LX Technology Group's 3-Year ROIIC % or its related term are showing as below:
HKSE:02436's 3-Year ROIIC % is ranked better than 82.24% of 2370
companies
in the Hardware industry
Industry Median: 2.375
vs HKSE:02436: 43.06
LX Technology Group (HKSE:02436) 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.
LX Technology Group 3-Year ROIIC % Related Terms
LX Technology Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for LX Technology Group's 3-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.
HKSE:02436 vs DELL, ANET, SNDK: 3-Year ROIIC % Comparison
For the Computer Hardware subindustry, LX Technology Group'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.
LX Technology Group 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, LX Technology Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where LX Technology Group's 3-Year ROIIC % falls into.
LX Technology Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 22.074 (Dec. 2025) - -33.936 (Dec. 2022) )
/
( 1581.395 (Dec. 2025) - 1451.323 (Dec. 2022) )
=
56.01
/
130.072
=
43.06%***
* 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.
LX Technology Group (HKSE:02436) has a 3-Year ROIIC % of 43.06 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 LX Technology Group and its competitors. According to the industry distribution chart, LX Technology Group ranks #421 out of 2370 companies in the Hardware industry, placing it in the top 17.8%.
Is LX Technology Group's 3-Year ROIIC % too high?
LX Technology Group's current 3-Year ROIIC % is 43.06. The Hardware industry median 3-Year ROIIC % is 2.38. LX Technology Group's value of 43.06 is 1713.1% above this industry median. Based on the distribution chart, LX Technology Group ranks #421 out of 2370 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, LX Technology Group has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LX Technology Group's 3-Year ROIIC % compare to DELL and ANET?
According to the Hardware industry distribution chart, LX Technology Group ranks #421 out of 2370 companies for 3-Year ROIIC %. This places LX Technology Group in the top 18% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.38. LX Technology Group's value of 43.06 is 1713.1% above this benchmark. 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.38, based on 2,370 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. LX Technology Group's current 3-Year ROIIC % of 43.06 is 1713.1% 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 LX Technology Group and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LX Technology Group's current 3-Year ROIIC % is 43.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LX Technology Group stock overvalued right now?
Based on GuruFocus' analysis, LX Technology Group (HKSE:02436) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$6.74, compared to a current price of HK$20.18 — trading 199.4% above its estimated fair value. The current 3-Year ROIIC % is 43.06 and 1713.1% above the Hardware industry median of 2.38. LX Technology Group's overall GF Score™ is 61/100 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 LX Technology Group (HKSE:02436), the current 3-Year ROIIC % is 43.06 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 LX Technology Group (HKSE:02436) Overvalued in 2026?
Based on GuruFocus' analysis, LX Technology Group stock appears to be overvalued.
The current stock price of HK$20.18 is trading 199.4% above its estimated GF Value™ of HK$6.74.
GuruFocus considers LX Technology Group to be Significantly Overvalued.
Key valuation signals for HKSE:02436:
3-Year ROIIC %: 43.06
GF Value™: HK$6.74 vs. price of HK$20.18 (199.4% above fair value)
Industry Position: 1713.1% above the Hardware median (#421 of 2370)
No single metric tells the full story. See the HKSE:02436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LX Technology Group Ltd is a device as a service provider in China. It is principally engaged in the sales of refurbished de-commissioned IT devices to, among others, resellers of IT devices, and the provision of the device and IT technical subscription services to SMEs in China. The service line of the company are the Device recycling business, Device subscription services and IT technical subscription services. from which the company earns maximum revenue from the Device recycling business.
61GF Score
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