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Olympic Circuit Technology Co (SHSE:603920) 1-Year ROIIC % : -15.76% (As of Mar. 2024)


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What is Olympic Circuit Technology Co 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. Olympic Circuit Technology Co's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -15.76%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SHSE:603920's 1-Year ROIIC % is ranked worse than
64.67% of 2420 companies
in the Hardware industry
Industry Median: 0.87 vs SHSE:603920: -15.76

Olympic Circuit Technology Co 1-Year ROIIC % Historical Data

The historical data trend for Olympic Circuit Technology Co'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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Olympic Circuit Technology Co 1-Year ROIIC % Chart

Olympic Circuit Technology Co 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 -22.96 14.31 -11.40 25.16 -14.72

Olympic Circuit Technology Co 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 173.43 -159.60 -117.32 -14.72 -15.76

Competitive Comparison of Olympic Circuit Technology Co's 1-Year ROIIC %

For the Electronic Components subindustry, Olympic Circuit Technology Co'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.


Olympic Circuit Technology Co's 1-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Olympic Circuit Technology Co's 1-Year ROIIC % distribution charts can be found below:

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



Olympic Circuit Technology Co 1-Year ROIIC % Calculation

Olympic Circuit Technology Co'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
=( 508.5021 (Mar. 2024) - 449.352 (Mar. 2023) )/( 2849.531 (Mar. 2024) - 3224.826 (Mar. 2023) )
=59.1501/-375.295
=-15.76%***

* 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.


Olympic Circuit Technology Co  (SHSE:603920) 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.


Olympic Circuit Technology Co 1-Year ROIIC % Related Terms

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Olympic Circuit Technology Co (SHSE:603920) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Shiyun Road, Tie Gang Industrial Area, Gonghe Town, Guangdong Province, Heshan, CHN, 529728
Olympic Circuit Technology Co Ltd is a Chinese company engaged in manufacturing printed circuit boards (PCBs). The company's products include single sided to complex, multi-layer PCBs. It serves various industries including automotive, medical, computer and peripherals, industrial, data and telecommunications and consumer products.
Executives
Yang Zhi Wei Director
Gan Lu senior management
Li Zong Heng senior management

Olympic Circuit Technology Co (SHSE:603920) Headlines

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