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Perfect Optronics (HKSE:08311) 3-Year ROIIC % : 30.66% (As of Dec. 2023)


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What is Perfect Optronics 3-Year ROIIC %?

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. Perfect Optronics's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 30.66%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Perfect Optronics's 3-Year ROIIC % or its related term are showing as below:

HKSE:08311's 3-Year ROIIC % is ranked better than
78.11% of 2417 companies
in the Hardware industry
Industry Median: 2.17 vs HKSE:08311: 30.66

Perfect Optronics 3-Year ROIIC % Historical Data

The historical data trend for Perfect Optronics'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.

* Premium members only.

Perfect Optronics 3-Year ROIIC % Chart

Perfect Optronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.87 -82.29 -38.00 -79.49 30.66

Perfect Optronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
3-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 - - - 30.66 -

Competitive Comparison of Perfect Optronics's 3-Year ROIIC %

For the Electronic Components subindustry, Perfect Optronics'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.


Perfect Optronics's 3-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Perfect Optronics's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Perfect Optronics's 3-Year ROIIC % falls into.


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Perfect Optronics 3-Year ROIIC % Calculation

Perfect Optronics's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -31.439712 (Dec. 2023) - -19.7891737 (Dec. 2020) )/( 60.647 (Dec. 2023) - 98.644 (Dec. 2020) )
=-11.6505383/-37.997
=30.66%***

* 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.


Perfect Optronics  (HKSE:08311) 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.


Perfect Optronics 3-Year ROIIC % Related Terms

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Perfect Optronics Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Tokwawan Road, Flat 903, 9th Floor, New Lee Wah Centre, Tokwawan, Kowloon, Hong Kong, HKG
Perfect Optronics Ltd is an investment holding company principally engaged in the trading of display panels, optics products, and related electronic components. It offers Thin film transistor liquid crystal display (TFT-LCD) panels and modules, Polarisers, Electronic signage, Optics products, Light guide plates, Integrated circuits, and other products. Key revenue is derived from the TFT-LCD panels and modules. It operates businesses in Hong Kong, China, and Taiwan, out of which Hong Kong accounts for a majority of the revenue.

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