DBAPPSecurity Co (SHSE:688023) 3-Year ROIIC % : 75.47% (As of Dec. 2025)

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SHSE:688023 DBAPPSecurity Co Ltd SHSE:688023
73 GF Score
Price ¥39.69
GF Value ¥55.86
Valuation Modestly Undervalued
! 4 Warning Signs
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What is DBAPPSecurity Co 3-Year ROIIC %?

DBAPPSecurity Co SHSE:688023 +1.66% 73 3-Year ROIIC % is 75.47 as of Dec. 2025. GuruFocus rates SHSE:688023 with a GF Score™ of 73/100 and a GF Value™ of ¥55.86 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,624 Software companies, DBAPPSecurity Co ranks better than 85.63% on this metric.

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. DBAPPSecurity Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 75.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SHSE:688023's 3-Year ROIIC % is ranked better than
85.63% of 2624 companies
in the Software industry
Industry Median: 5.21 vs SHSE:688023: 75.47

DBAPPSecurity Co  (SHSE:688023) 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.


DBAPPSecurity Co 3-Year ROIIC % Related Terms


DBAPPSecurity Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for DBAPPSecurity 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.

DBAPPSecurity Co 3-Year ROIIC % Chart

DBAPPSecurity Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -17.99 -17.14 0.00 75.47

DBAPPSecurity Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 75.47 0.00

SHSE:688023 vs MSFT, ORCL, PLTR: 3-Year ROIIC % Comparison

For the Software - Infrastructure subindustry, DBAPPSecurity 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.


DBAPPSecurity Co 3-Year ROIIC % vs Software Industry

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

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


SHSE:688023
73GF Score
DBAPPSecurity Co Ltd SHSE:688023
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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DBAPPSecurity Co 3-Year ROIIC % Calculation

DBAPPSecurity Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 122.535 (Dec. 2025) - -243.9198468 (Dec. 2022) )/( 2852.452 (Dec. 2025) - 2366.902 (Dec. 2022) )
=366.4548468/485.55
=75.47%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 75.47 mean?
DBAPPSecurity Co (SHSE:688023) has a 3-Year ROIIC % of 75.47 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on DBAPPSecurity Co and its competitors. According to the industry distribution chart, DBAPPSecurity Co ranks #377 out of 2624 companies in the Software industry, placing it in the top 14.4%.
Is DBAPPSecurity Co's 3-Year ROIIC % too high?
DBAPPSecurity Co's current 3-Year ROIIC % is 75.47. The Software industry median 3-Year ROIIC % is 5.21. DBAPPSecurity Co's value of 75.47 is 1348.6% above this industry median. Based on the distribution chart, DBAPPSecurity Co ranks #377 out of 2624 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, DBAPPSecurity Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DBAPPSecurity Co's 3-Year ROIIC % compare to MSFT and ORCL?
According to the Software industry distribution chart, DBAPPSecurity Co ranks #377 out of 2624 companies for 3-Year ROIIC %. This places DBAPPSecurity Co in the top 14% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.21. DBAPPSecurity Co's value of 75.47 is 1348.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Software company?
The median 3-Year ROIIC % among Software companies is 5.21, based on 2,624 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DBAPPSecurity Co's current 3-Year ROIIC % of 75.47 is 1348.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on DBAPPSecurity Co and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DBAPPSecurity Co's current 3-Year ROIIC % is 75.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DBAPPSecurity Co stock overvalued right now?
Based on GuruFocus' analysis, DBAPPSecurity Co (SHSE:688023) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥55.86, compared to a current price of ¥39.69 — trading 28.9% below its estimated fair value. The current 3-Year ROIIC % is 75.47 and 1348.6% above the Software industry median of 5.21. DBAPPSecurity Co's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For DBAPPSecurity Co (SHSE:688023), the current 3-Year ROIIC % is 75.47 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DBAPPSecurity Co (SHSE:688023) Overvalued in 2026?

Based on GuruFocus' analysis, DBAPPSecurity Co stock appears to be undervalued. The current stock price of ¥39.69 is trading 28.9% below its estimated GF Value™ of ¥55.86. GuruFocus considers DBAPPSecurity Co to be Modestly Undervalued.

Key valuation signals for SHSE:688023:

  • 3-Year ROIIC %: 75.47
  • GF Value™: ¥55.86 vs. price of ¥39.69 (28.9% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 1348.6% above the Software median (#377 of 2624)

No single metric tells the full story. See the SHSE:688023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DBAPPSecurity Co Business Description

Address No. 188, Lianhui Street, Anheng Building, Xixing Street, Binjiang District, Zhejiang, Hangzhou, CHN, 310051
DBAPPSecurity Co Ltd is engaged in the development, production and sales of network information security products and provides customers with professional network information security services. The company's products and services cover applications such as Application Security, Big data Security, Cloud Security, IoT Security, Industrial Control Security, and Industrial Internet Security.
73GF Score

Get the complete analysis for SHSE:688023

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥39.69
Price
¥55.86
GF Value