GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Dahao Technology Corp Ltd (SHSE:603025) » Definitions » 3-Year ROIIC %

Beijing Dahao Technology (SHSE:603025) 3-Year ROIIC % : 28.55% (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Beijing Dahao 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. Beijing Dahao Technology's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 28.55%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SHSE:603025's 3-Year ROIIC % is ranked better than
78.32% of 2910 companies
in the Industrial Products industry
Industry Median: 4.68 vs SHSE:603025: 28.55

Beijing Dahao Technology 3-Year ROIIC % Historical Data

The historical data trend for Beijing Dahao 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.

* Premium members only.

Beijing Dahao Technology 3-Year ROIIC % Chart

Beijing Dahao Technology 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 -14.66 32.06 8.34 22.71 28.55

Beijing Dahao Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 28.55 -

Competitive Comparison of Beijing Dahao Technology's 3-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Beijing Dahao 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.


Beijing Dahao Technology's 3-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Dahao Technology's 3-Year ROIIC % distribution charts can be found below:

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



Beijing Dahao Technology 3-Year ROIIC % Calculation

Beijing Dahao 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**
=( 424.5203586 (Dec. 2023) - 160.9806827 (Dec. 2020) )/( 2020.776 (Dec. 2023) - 1097.735 (Dec. 2020) )
=263.5396759/923.041
=28.55%***

* 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.


Beijing Dahao Technology  (SHSE:603025) 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.


Beijing Dahao Technology 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Beijing Dahao Technology's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Dahao Technology (SHSE:603025) Business Description

Traded in Other Exchanges
N/A
Address
M7 Building, No.1 Jiu Xian Qiao East Road, Chaoyang District, Beijing, CHN, 100015
Beijing Dahao Technology Corp Ltd is a China-based company engages in the research, production, and sale of various computerized control systems for sewing and knitting machines. Its products are mainly used in embroidery machines, sewing machine control systems, and flat-knitting machine control systems. The company mainly operates its business in East China, South China, Central China and North China.

Beijing Dahao Technology (SHSE:603025) Headlines

No Headlines