Ningbo Hicon Industry Technology Co (SZSE:001237) 3-Year ROIIC % : 68.32% (As of Dec. 2025) — Near Median

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SZSE:001237 Ningbo Hicon Industry Technology Co Ltd SZSE:001237
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What is Ningbo Hicon Industry Technology Co 3-Year ROIIC %?

Ningbo Hicon Industry Technology Co SZSE:001237 -1.57% 20 3-Year ROIIC % is 68.32 as of Dec. 2025, which is at its 10-year median of 68.32. GuruFocus rates SZSE:001237 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 410 Furnishings, Fixtures & Appliances companies, Ningbo Hicon Industry Technology Co ranks better than 88.29% 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. Ningbo Hicon Industry Technology Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 68.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SZSE:001237's 3-Year ROIIC % is ranked better than
88.29% of 410 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.3 vs SZSE:001237: 68.32

Ningbo Hicon Industry Technology Co  (SZSE:001237) 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.


Ningbo Hicon Industry Technology Co 3-Year ROIIC % Related Terms


Ningbo Hicon Industry Technology Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Ningbo Hicon Industry 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.

Ningbo Hicon Industry Technology Co 3-Year ROIIC % Chart

Ningbo Hicon Industry Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
0.00 0.00 0.00 68.32

Ningbo Hicon Industry Technology Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 68.32 0.00

SZSE:001237 vs SN, SGI, MHK: 3-Year ROIIC % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ningbo Hicon Industry 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.


Ningbo Hicon Industry Technology Co 3-Year ROIIC % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ningbo Hicon Industry Technology Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ningbo Hicon Industry Technology Co's 3-Year ROIIC % falls into.


SZSE:001237
20GF Score
Ningbo Hicon Industry Technology Co Ltd SZSE:001237
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Hicon Industry Technology Co 3-Year ROIIC % Calculation

Ningbo Hicon Industry Technology 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**
=( 367.6273848 (Dec. 2025) - 206.0103297 (Dec. 2022) )/( 702.704 (Dec. 2025) - 466.152 (Dec. 2022) )
=161.6170551/236.552
=68.32%***

* 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 68.32 mean?
Ningbo Hicon Industry Technology Co (SZSE:001237) has a 3-Year ROIIC % of 68.32 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 Ningbo Hicon Industry Technology Co and its competitors. This is near median its historical median of 68.32. Over the past decade, Ningbo Hicon Industry Technology Co's 3-Year ROIIC % has ranged from 68.32 to 68.32. According to the industry distribution chart, Ningbo Hicon Industry Technology Co ranks #48 out of 410 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 11.7%.
Is Ningbo Hicon Industry Technology Co's 3-Year ROIIC % too high?
Ningbo Hicon Industry Technology Co's current 3-Year ROIIC % of 68.32 is near median its 10-year median of 68.32. Over the past 10 years, this metric has ranged from a low of 68.32 to a high of 68.32. The Furnishings, Fixtures & Appliances industry median 3-Year ROIIC % is 2.30. Ningbo Hicon Industry Technology Co's value of 68.32 is 2870.4% above this industry median. Based on the distribution chart, Ningbo Hicon Industry Technology Co ranks #48 out of 410 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Hicon Industry Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Ningbo Hicon Industry Technology Co's 3-Year ROIIC % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ningbo Hicon Industry Technology Co ranks #48 out of 410 companies for 3-Year ROIIC %. This places Ningbo Hicon Industry Technology Co in the top 12% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.30. Ningbo Hicon Industry Technology Co's value of 68.32 is 2870.4% above this benchmark. Historically, Ningbo Hicon Industry Technology Co's own 3-Year ROIIC % has ranged from 68.32 to 68.32 over the past decade. While the company's 10-year median is 68.32 vs. the industry median of 2.30, Ningbo Hicon Industry Technology Co has consistently been above the industry average. 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 Furnishings, Fixtures & Appliances company?
The median 3-Year ROIIC % among Furnishings, Fixtures & Appliances companies is 2.30, based on 410 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. Ningbo Hicon Industry Technology Co's current 3-Year ROIIC % of 68.32 is 2870.4% 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 Ningbo Hicon Industry Technology Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median 3-Year ROIIC % is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Hicon Industry Technology Co's current 3-Year ROIIC % is 68.32, which is near median its own 10-year median of 68.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Hicon Industry Technology Co stock overvalued right now?
Ningbo Hicon Industry Technology Co (SZSE:001237) has a current 3-Year ROIIC % of 68.32. The current 3-Year ROIIC % is 68.32, which is near median its 10-year median of 68.32 and 2870.4% above the Furnishings, Fixtures & Appliances industry median of 2.30. Ningbo Hicon Industry Technology Co's overall GF Score™ is 20/100 with 1 warning sign 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 Ningbo Hicon Industry Technology Co (SZSE:001237), the current 3-Year ROIIC % is 68.32 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.

Ningbo Hicon Industry Technology Co Business Description

Address No. 55, Binhai Fourth Road, Qianwan New District, Zhejiang Province, Ningbo, CHN, 315336
Ningbo Hicon Industry Technology Co Ltd is engaged in the research, development, production, and sales of refrigeration equipment. The company's products are widely used in many commercial and household fields, such as restaurants, hotels, supermarkets, cafes, milk tea shops, convenience stores, bars, schools, and offices. It exports to various countries and regions around the world, including China, the United States, Canada, Germany, Sweden, and Australia. The company's offerings include ice makers, Commercial ice makers, wine cabinets, refrigerators, freezers, car refrigerators, Ice cream machines, display cases, and Snow melting machines.
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