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Far Eastern New Century (TPE:1402) 3-Year ROIIC % : 10.46% (As of Dec. 2023)


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What is Far Eastern New Century 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. Far Eastern New Century's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 10.46%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Far Eastern New Century's 3-Year ROIIC % or its related term are showing as below:

TPE:1402's 3-Year ROIIC % is ranked better than
60.09% of 1060 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.115 vs TPE:1402: 10.46

Far Eastern New Century 3-Year ROIIC % Historical Data

The historical data trend for Far Eastern New Century'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.

Far Eastern New Century 3-Year ROIIC % Chart

Far Eastern New Century 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 1.27 -4.24 -5.74 -0.80 10.46

Far Eastern New Century Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.80 - - - 10.46

Competitive Comparison of Far Eastern New Century's 3-Year ROIIC %

For the Textile Manufacturing subindustry, Far Eastern New Century'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.


Far Eastern New Century's 3-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Far Eastern New Century's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Far Eastern New Century's 3-Year ROIIC % falls into.



Far Eastern New Century 3-Year ROIIC % Calculation

Far Eastern New Century'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**
=( 11541.7865241 (Dec. 2023) - 8439.7175769 (Dec. 2020) )/( 603543.956 (Dec. 2023) - 573897.715 (Dec. 2020) )
=3102.0689472/29646.241
=10.46%***

* 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.


Far Eastern New Century  (TPE:1402) 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.


Far Eastern New Century 3-Year ROIIC % Related Terms

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Far Eastern New Century (TPE:1402) Business Description

Traded in Other Exchanges
N/A
Address
No. 207, Tun Hwa South Road, 36th Floor, Taipei Metro Tower, Section 2, Taipei, TWN
Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China, Vietnam, the United States, and Southeast Asia. The company is organized into a business that includes telecommunication, polyester, textiles, property development, and others. The telecommunication business offers wireless telecommunications and cloud services and sells mobile equipment products. The petrochemical business mainly engages in the production and sales of PTA goods. The polyester business produces and sells various polyester and PET products. The textile business produces finished yarns, fabrics, and clothes. The company generates the majority of its revenue from its polyester segments, and most of its revenue is derived from Taiwan.

Far Eastern New Century (TPE:1402) Headlines

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