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GigaCloud Technology (GigaCloud Technology) 1-Year ROIIC % : 17.19% (As of Mar. 2024)


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What is GigaCloud Technology 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. GigaCloud Technology's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 17.19%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for GigaCloud Technology's 1-Year ROIIC % or its related term are showing as below:

GCT's 1-Year ROIIC % is ranked better than
61.78% of 2593 companies
in the Software industry
Industry Median: 4.32 vs GCT: 17.19

GigaCloud Technology 1-Year ROIIC % Historical Data

The historical data trend for GigaCloud Technology's 1-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.

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GigaCloud Technology 1-Year ROIIC % Chart

GigaCloud Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
- - -14.88 1.43 20.14

GigaCloud Technology Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
1-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 -24.63 -81.81 161.46 20.14 17.19

Competitive Comparison of GigaCloud Technology's 1-Year ROIIC %

For the Software - Infrastructure subindustry, GigaCloud Technology's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


GigaCloud Technology's 1-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, GigaCloud Technology's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where GigaCloud Technology's 1-Year ROIIC % falls into.



GigaCloud Technology 1-Year ROIIC % Calculation

GigaCloud Technology's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 107.4288 (Mar. 2024) - 35.9216 (Mar. 2023) )/( 607.594 (Mar. 2024) - 191.608 (Mar. 2023) )
=71.5072/415.986
=17.19%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


GigaCloud Technology  (NAS:GCT) 1-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.


GigaCloud Technology 1-Year ROIIC % Related Terms

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GigaCloud Technology (GigaCloud Technology) Business Description

Traded in Other Exchanges
N/A
Address
24-30 Ice House Street, Unit A, 12th Floor, Shun Ho Tower, Central, Hong Kong, HKG
GigaCloud Technology Inc end-to-end B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which refers to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia, with resellers in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.

GigaCloud Technology (GigaCloud Technology) Headlines

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