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Union Semiconductor (Hefei) Co (SHSE:688403) 5-Year ROIIC % : 11.91% (As of Dec. 2023)


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What is Union Semiconductor (Hefei) Co 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Union Semiconductor (Hefei) Co's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was 11.91%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Union Semiconductor (Hefei) Co's 5-Year ROIIC % or its related term are showing as below:

SHSE:688403's 5-Year ROIIC % is ranked better than
66.49% of 931 companies
in the Semiconductors industry
Industry Median: 2.22 vs SHSE:688403: 11.91

Union Semiconductor (Hefei) Co 5-Year ROIIC % Historical Data

The historical data trend for Union Semiconductor (Hefei) Co's 5-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.

Union Semiconductor (Hefei) Co 5-Year ROIIC % Chart

Union Semiconductor (Hefei) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial - - - - 11.91

Union Semiconductor (Hefei) Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
5-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 - - - 11.91 -

Competitive Comparison of Union Semiconductor (Hefei) Co's 5-Year ROIIC %

For the Semiconductors subindustry, Union Semiconductor (Hefei) Co's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Union Semiconductor (Hefei) Co's 5-Year ROIIC % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Union Semiconductor (Hefei) Co's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Union Semiconductor (Hefei) Co's 5-Year ROIIC % falls into.



Union Semiconductor (Hefei) Co 5-Year ROIIC % Calculation

Union Semiconductor (Hefei) Co's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 191.5604339 (Dec. 2023) - -66.407 (Dec. 2018) )/( 3292.292 (Dec. 2023) - 1125.744 (Dec. 2018) )
=257.9674339/2166.548
=11.91%***

* 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 5-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.


Union Semiconductor (Hefei) Co  (SHSE:688403) 5-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.


Union Semiconductor (Hefei) Co 5-Year ROIIC % Related Terms

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Union Semiconductor (Hefei) Co (SHSE:688403) Business Description

Traded in Other Exchanges
N/A
Address
Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230012
Union Semiconductor (Hefei) Co Ltd is a high-end advanced packaging and testing service provider for integrated circuits. It focuses on the field of display driver chips. The company's main business is the front-end gold bumping manufacturing as the core and integrates wafer testing, back-end chip-on-glass, and chip-on-film links to form a full range of display driver chips.

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