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Taiwan Styrene Monomer (TPE:1310) 1-Year ROIIC % : -3.37% (As of Mar. 2024)


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What is Taiwan Styrene Monomer 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. Taiwan Styrene Monomer's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -3.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Taiwan Styrene Monomer's 1-Year ROIIC % or its related term are showing as below:

TPE:1310's 1-Year ROIIC % is ranked worse than
53.72% of 1493 companies
in the Chemicals industry
Industry Median: -0.08 vs TPE:1310: -3.37

Taiwan Styrene Monomer 1-Year ROIIC % Historical Data

The historical data trend for Taiwan Styrene Monomer'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.

Taiwan Styrene Monomer 1-Year ROIIC % Chart

Taiwan Styrene Monomer 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 58.10 -182.20 -10.79 112.05 -1.33

Taiwan Styrene Monomer 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 155.78 -26.89 14.81 -1.33 -3.37

Competitive Comparison of Taiwan Styrene Monomer's 1-Year ROIIC %

For the Chemicals subindustry, Taiwan Styrene Monomer'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.


Taiwan Styrene Monomer's 1-Year ROIIC % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Styrene Monomer's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Taiwan Styrene Monomer's 1-Year ROIIC % falls into.



Taiwan Styrene Monomer 1-Year ROIIC % Calculation

Taiwan Styrene Monomer'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
=( -524.4121 (Mar. 2024) - -485.5542 (Mar. 2023) )/( 8256.144 (Mar. 2024) - 7104.275 (Mar. 2023) )
=-38.8579/1151.869
=-3.37%***

* 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.


Taiwan Styrene Monomer  (TPE:1310) 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.


Taiwan Styrene Monomer 1-Year ROIIC % Related Terms

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Taiwan Styrene Monomer (TPE:1310) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Roosevelt Road, Sec. 1, 8th-1 Floor, Taipei, TWN
Taiwan Styrene Monomer Corp is engaged in the manufacturing and distribution of styrene monomer and related products. The company also offers toluene that is used as an organic solvent and para-diethyl benzene, which is used as the solvent of polystyrene. The company's main customers for the polystyrene are ABS resin and synthetic rubber manufacturers. Its products are generally used in electrical appliances, machinery, electronics, automotive, packaging and other industries.

Taiwan Styrene Monomer (TPE:1310) Headlines

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