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Sitronix Technology (TPE:8016) 3-Year ROIIC % : 48.79% (As of Dec. 2022)


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What is Sitronix Technology 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. Sitronix Technology's 3-Year ROIIC % for the quarter that ended in Dec. 2022 was 48.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TPE:8016's 3-Year ROIIC % is ranked better than
86.17% of 969 companies
in the Semiconductors industry
Industry Median: 0.95 vs TPE:8016: 48.79

Sitronix Technology 3-Year ROIIC % Historical Data

The historical data trend for Sitronix Technology'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.

Sitronix Technology 3-Year ROIIC % Chart

Sitronix Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.36 164.08 -1,102.57 235.20 48.79

Sitronix Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only - - - - -

Competitive Comparison of Sitronix Technology's 3-Year ROIIC %

For the Semiconductors subindustry, Sitronix Technology'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.


Sitronix Technology's 3-Year ROIIC % Distribution in the Semiconductors Industry

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

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



Sitronix Technology 3-Year ROIIC % Calculation

Sitronix Technology's 3-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 3928.34932 (Dec. 2022) - 1836.9900648 (Dec. 2019) )/( 7058.68 (Dec. 2022) - 2771.886 (Dec. 2019) )
=2091.3592552/4286.794
=48.79%***

* 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.


Sitronix Technology  (TPE:8016) 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.


Sitronix Technology 3-Year ROIIC % Related Terms

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Sitronix Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Taiyuan 1st Street, 11th Floor-1, Tai Yuen Hi-Tech Industrial Park, Hsinchu County, Zhubei, TWN, 302
Sitronix Technology Corp is a Taiwan-based fabless semiconductor company that is principally engaged in developing, manufacturing, and selling display driver ICs. The company's majority of products are categorized into three types: mobile display driver ICs; industrial and automotive display driver ICs; and SoC, which refers to touch controller ICs. The company's products are mainly used in entry-level mobile phones, industrial displays, and automotive systems. The company has a business presence in Hong Kong, which is also its key revenue-generating market, Vietnam, Taiwan, South Korea, China, and others.

Sitronix Technology Headlines

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