GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou K-Hiragawa Electronic Technology Co Ltd (SHSE:603052) » Definitions » 3-Year ROIIC %

Suzhou K-Hiragawa Electronic Technology Co (SHSE:603052) 3-Year ROIIC % : -9.59% (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Suzhou K-Hiragawa Electronic Technology 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. Suzhou K-Hiragawa Electronic Technology Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -9.59%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Suzhou K-Hiragawa Electronic Technology Co's 3-Year ROIIC % or its related term are showing as below:

SHSE:603052's 3-Year ROIIC % is ranked worse than
74.78% of 2918 companies
in the Industrial Products industry
Industry Median: 5.875 vs SHSE:603052: -9.59

Suzhou K-Hiragawa Electronic Technology Co 3-Year ROIIC % Historical Data

The historical data trend for Suzhou K-Hiragawa Electronic Technology 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.

* Premium members only.

Suzhou K-Hiragawa Electronic Technology Co 3-Year ROIIC % Chart

Suzhou K-Hiragawa Electronic Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial 36.80 76.46 -180.91 54.81 -9.59

Suzhou K-Hiragawa Electronic Technology Co Quarterly Data
Dec16 Dec17 Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - -9.59 - - -

Competitive Comparison of Suzhou K-Hiragawa Electronic Technology Co's 3-Year ROIIC %

For the Electrical Equipment & Parts subindustry, Suzhou K-Hiragawa Electronic Technology 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.


Suzhou K-Hiragawa Electronic Technology Co's 3-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou K-Hiragawa Electronic Technology Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Suzhou K-Hiragawa Electronic Technology Co's 3-Year ROIIC % falls into.



Suzhou K-Hiragawa Electronic Technology Co 3-Year ROIIC % Calculation

Suzhou K-Hiragawa Electronic Technology Co'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**
=( 77.2178666 (Dec. 2023) - 88.680439 (Dec. 2020) )/( 340.175 (Dec. 2023) - 220.626 (Dec. 2020) )
=-11.4625724/119.549
=-9.59%***

* 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.


Suzhou K-Hiragawa Electronic Technology Co  (SHSE:603052) 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.


Suzhou K-Hiragawa Electronic Technology Co 3-Year ROIIC % Related Terms

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


Suzhou K-Hiragawa Electronic Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Zhipu Road, Room 5, Qiandeng Town, Jiangsu Province, Kunshan, CHN, 215300
Suzhou K-Hiragawa Electronic Technology Co Ltd is engaged in the research and development, design, processing and sales of functional electronic devices, optical thin-film devices and automotive power battery insulation products, specializing in consumer electronics brands such as notebook computers and mobile phones, large optoelectronic technology companies and automotive battery manufacturers.
Executives
Zhu Chun Hua Directors, senior managers
Shi Hui Qing Directors, senior managers
Bei Zheng Xin Director

Suzhou K-Hiragawa Electronic Technology Co Headlines

No Headlines