AcSip Technology (ROCO:6403) 3-Year ROIIC % : -39.90% (As of Dec. 2023)

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What is AcSip Technology 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. AcSip Technology's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -39.90%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:6403's 3-Year ROIIC % is ranked worse than
82.96% of 2447 companies
in the Hardware industry
Industry Median: 2.94 vs ROCO:6403: -39.90

AcSip Technology 3-Year ROIIC % Historical Data

The historical data trend for AcSip Technology'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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AcSip Technology 3-Year ROIIC % Chart

AcSip Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year ROIIC %

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356.41

318.32

46.61

70.34

-39.90

AcSip Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
3-Year ROIIC %	Get a 7-Day Free Trial															46.61	-	70.34	-	-39.90

Competitive Comparison of AcSip Technology's 3-Year ROIIC %

For the Communication Equipment subindustry, AcSip Technology'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.

AcSip Technology's 3-Year ROIIC % Distribution in the Hardware Industry

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

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

AcSip Technology 3-Year ROIIC % Calculation

AcSip Technology'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^**
	=	( -19.73 (Dec. 2023) - -35.235 (Dec. 2020) )	/	( 25.766 (Dec. 2023) - 64.629 (Dec. 2020) )
	=	15.505	/	-38.863
	=	-39.90%^***

** 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.

AcSip Technology (ROCO:6403) 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.

AcSip Technology 3-Year ROIIC % Related Terms

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AcSip Technology (ROCO:6403) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AcSip Technology Corp (ROCO:6403) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 207, Fuxing Road, 1st Floor, 3rd Floor, Taoyuan District, Taoyuan, TWN, 330

Website

http://www.acsip.com.tw

AcSip Technology Corp is engaged in the manufacturing and trading of electronic materials and components for the telecom industry. Its products include IoT-Wifi; loT-LoRa and Development Kits.

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