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OFILM Group Co (SZSE:002456) 1-Year ROIIC % : -2,203.78% (As of Mar. 2024)


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What is OFILM Group 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. OFILM Group Co's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -2,203.78%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SZSE:002456's 1-Year ROIIC % is ranked worse than
99.12% of 2395 companies
in the Hardware industry
Industry Median: 0.52 vs SZSE:002456: -2203.78

OFILM Group Co 1-Year ROIIC % Historical Data

The historical data trend for OFILM Group 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.

* Premium members only.

OFILM Group Co 1-Year ROIIC % Chart

OFILM Group 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 -2.57 3.25 34.79 196.90 -274.63

OFILM Group 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 71.56 46.51 -144.71 -274.63 -2,203.78

Competitive Comparison of OFILM Group Co's 1-Year ROIIC %

For the Electronic Components subindustry, OFILM Group 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.


OFILM Group Co's 1-Year ROIIC % Distribution in the Hardware Industry

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

* The bar in red indicates where OFILM Group Co's 1-Year ROIIC % falls into.



OFILM Group Co 1-Year ROIIC % Calculation

OFILM Group 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
=( 719.5394 (Mar. 2024) - -2498.2664 (Mar. 2023) )/( 14144.631 (Mar. 2024) - 14290.644 (Mar. 2023) )
=3217.8058/-146.013
=-2,203.78%***

* 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.


OFILM Group Co  (SZSE:002456) 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.


OFILM Group Co 1-Year ROIIC % Related Terms

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OFILM Group Co (SZSE:002456) Business Description

Traded in Other Exchanges
N/A
Address
Huafa Road, Songbai Road, Gongming Street, Oufeiguang Science and Technology Park, Guangming New District, Guangdong, Baoan District, Shenzhen, CHN, 518107
OFILM Group Co Ltd manufactures precision optics and optoelectronics films. The company's products include a touch panel module, a fingerprint recognition module, and electronic products of the intelligent vehicle among others. Its products are used in the smartphone, tablet PC, smart car, and wearable electronics. The firm has branches in China, the United States, Japan, South Korea, and Europe.
Executives
Li Yun Supervisors
Liu Xiao Chen Directors, executives
Li Ying Ping Executives
Ye Qing Biao Executives
Hai Jiang Directors, executives
Huang Li Hui Directors, executives
Luo Yong Hui Supervisors
Yin Yun Yun Executives
Zhou Liang Directors, executives
Tan Zhen Lin Executives
Yao Fei Executives
Ceng Zhao Hao Executives
Cai Xue Peng Directors, executives
Lin Hong Ping Supervisors
Shen Cheng Zhe Executives

OFILM Group Co (SZSE:002456) Headlines

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