Ostin Technology Group Co (Ostin Technology Group Co) 3-Year ROIIC % : -72.01% (As of Sep. 2023)

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What is Ostin Technology Group Co 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. Ostin Technology Group Co's 3-Year ROIIC % for the quarter that ended in Sep. 2023 was -72.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ostin Technology Group Co's 3-Year ROIIC % or its related term are showing as below:

OST's 3-Year ROIIC % is ranked worse than
89.21% of 2438 companies
in the Hardware industry
Industry Median: 2.77 vs OST: -72.01

Ostin Technology Group Co 3-Year ROIIC % Historical Data

The historical data trend for Ostin Technology Group Co'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.

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Ostin Technology Group Co 3-Year ROIIC % Chart

Ostin Technology Group Co Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

3-Year ROIIC %

-2.97

-72.01

Ostin Technology Group Co Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
3-Year ROIIC %	Get a 7-Day Free Trial				-	-	-2.97	-	-72.01

Competitive Comparison of Ostin Technology Group Co's 3-Year ROIIC %

For the Electronic Components subindustry, Ostin Technology Group 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.

Ostin Technology Group Co's 3-Year ROIIC % Distribution in the Hardware Industry

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

* The bar in red indicates where Ostin Technology Group Co's 3-Year ROIIC % falls into.

Ostin Technology Group Co 3-Year ROIIC % Calculation

Ostin Technology Group Co's 3-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

3-Year ROIIC %	=	3-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	3-Year Incremental Invested Capital^**
	=	( -9.880217 (Sep. 2023) - 3.640419 (Sep. 2020) )	/	( 57.705 (Sep. 2023) - 38.93 (Sep. 2020) )
	=	-13.520636	/	18.775
	=	-72.01%^***

** 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.

Ostin Technology Group Co (NAS:OST) 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.

Ostin Technology Group Co 3-Year ROIIC % Related Terms

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Ostin Technology Group Co (Ostin Technology Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ostin Technology Group Co Ltd (NAS:OST) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Kechuang Road, Building 2, 101/201, Qixia District, Nanjing, CHN, 210046

Website

http://www.austinelec.com

Ostin Technology Group Co Ltd is a supplier of display modules and polarizers in China. It designs, develops, and manufactures TFT-LCD modules in a wide range of sizes and customized sizes according to the specifications of its customers. Its display modules are mainly used in consumer electronics, commercial LCD displays, and automotive displays. The company also manufactures polarizers used in the TFT-LCD display modules and is in the process of developing polarizers for the OLED display panel.