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.
Konka Group Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 26.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Konka Group Co's 3-Year ROIIC % or its related term are showing as below:
SZSE:000016's 3-Year ROIIC % is ranked better than 76.65% of 2445
companies
in the Hardware industry
Industry Median: 2.92
vs SZSE:000016: 26.81
Konka Group Co 3-Year ROIIC % Historical Data
The historical data trend for Konka 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.
Competitive Comparison of Konka Group Co's 3-Year ROIIC %
For the Consumer Electronics subindustry, Konka 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.
Konka Group Co's 3-Year ROIIC % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Konka Group Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Konka Group Co's 3-Year ROIIC % falls into.
Konka Group Co 3-Year ROIIC % Calculation
Konka Group 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)**
* 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.
Konka Group Co (SZSE:000016) 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.
Konka Group Co 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Konka Group Co's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Konka Group Co Ltd operates in the consumer electronics industry of China. The company sells its goods primarily in China, but a portion of its sales are from overseas markets. Most of its revenue is derived from the business-to-business sale of various color TV models including Smart TVs, LED TVs, 4K TVs, and OLED TVs. Its secondary source of revenue is obtained from the manufacture and sale of mobile phones and appliances such as refrigerators, washing machines, air conditioners, and freezers. The Konka Group also develops and maintains software technologies, produces and distributes molds and plastic products, and provides digital network products.
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