Deswell Industries (Deswell Industries) 3-Year ROIIC % : -4.74% (As of Mar. 2023)

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What is Deswell Industries 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. Deswell Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was -4.74%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

DSWL's 3-Year ROIIC % is ranked worse than
62.66% of 2429 companies
in the Hardware industry
Industry Median: 3.47 vs DSWL: -4.74

Deswell Industries 3-Year ROIIC % Historical Data

The historical data trend for Deswell Industries'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.

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Deswell Industries 3-Year ROIIC % Chart

Deswell Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

3-Year ROIIC %

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-360.43

-37.26

-25.37

78.87

-4.74

Deswell Industries Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
3-Year ROIIC %	Get a 7-Day Free Trial															-	78.87	-	-4.74	-

Competitive Comparison of Deswell Industries's 3-Year ROIIC %

For the Electronic Components subindustry, Deswell Industries'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.

Deswell Industries's 3-Year ROIIC % Distribution in the Hardware Industry

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

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

Deswell Industries 3-Year ROIIC % Calculation

Deswell Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %	=	3-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	3-Year Incremental Invested Capital^**
	=	( 1.8703596 (Mar. 2023) - 2.1479999 (Mar. 2020) )	/	( 45.367 (Mar. 2023) - 39.507 (Mar. 2020) )
	=	-0.2776403	/	5.86
	=	-4.74%^***

** 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.

Deswell Industries (NAS:DSWL) 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.

Deswell Industries 3-Year ROIIC % Related Terms

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Deswell Industries (Deswell Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Deswell Industries Inc (NAS:DSWL) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

DW2:Germany

Address

10B, Edificio Associacao Industrial De Macau, No. 32-36 Rua do Comandante Mata e Oliveira, Macao, MAC

Website

https://www.deswell.com

Deswell Industries Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. In addition, it also offers manufacturing services for electronic products and subassemblies and manufactures metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. The company conducts all of its manufacturing activities at separate plastics, electronics and metallic operation factories located in the People's Republic of China. It operates through the Plastic Injection Molding and Electronic Products Assembling segments. The firm offers products such as automobile components, medical testing equipment, parts for audio equipment, av receivers, active subwoofers, digital system key sets, communication products and others.