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360 Security Technology (SHSE:601360) 1-Year ROIIC % : 18.74% (As of Mar. 2024)


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What is 360 Security 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. 360 Security Technology's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 18.74%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for 360 Security Technology's 1-Year ROIIC % or its related term are showing as below:

SHSE:601360's 1-Year ROIIC % is ranked better than
62.52% of 2599 companies
in the Software industry
Industry Median: 4.25 vs SHSE:601360: 18.74

360 Security Technology 1-Year ROIIC % Historical Data

The historical data trend for 360 Security 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.

* Premium members only.

360 Security Technology 1-Year ROIIC % Chart

360 Security Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.73 -21.03 -136.03 39.91 39.39

360 Security Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.42 199.71 -99.93 39.39 18.74

Competitive Comparison of 360 Security Technology's 1-Year ROIIC %

For the Software - Infrastructure subindustry, 360 Security 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.


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

For the Software industry and Technology sector, 360 Security Technology's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where 360 Security Technology's 1-Year ROIIC % falls into.



360 Security Technology 1-Year ROIIC % Calculation

360 Security 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
=( -1320.6335 (Mar. 2024) - -1008.0351 (Mar. 2023) )/( 12846.708 (Mar. 2024) - 14514.549 (Mar. 2023) )
=-312.5984/-1667.841
=18.74%***

* 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.


360 Security Technology  (SHSE:601360) 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.


360 Security Technology 1-Year ROIIC % Related Terms

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360 Security Technology (SHSE:601360) Business Description

Traded in Other Exchanges
N/A
Address
718 Ying Ting Road, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 100015
360 Security Technology Inc is an internet security company in China. It has developed the 360 ??security system with hundreds of millions of users Guards, 360 mobile guards, and other security products. It uses big data, cloud computing, and artificial intelligence technology, to create 360 mobile phone, 360 children smartwatch, 360 smart cameras, 360 driving recorder and 360 security router. It also provides other Internet services including search, live broadcast, games, film and television, finance, and news for its users.
Executives
Zhao Lu Ming senior management

360 Security Technology (SHSE:601360) Headlines

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