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Googol Technology Co (SZSE:301510) 1-Year ROIIC % : -14.93% (As of Jun. 2024)


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What is Googol 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. Googol Technology Co's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was -14.93%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SZSE:301510's 1-Year ROIIC % is ranked worse than
66.03% of 2349 companies
in the Hardware industry
Industry Median: 3.64 vs SZSE:301510: -14.93

Googol Technology Co 1-Year ROIIC % Historical Data

The historical data trend for Googol 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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Googol Technology Co 1-Year ROIIC % Chart

Googol Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial -109.38 136.35 18.16 584.70 -17.65

Googol Technology Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 345.43 -47.76 -17.65 -15.62 -14.93

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

For the Electronic Components subindustry, Googol 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.


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

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

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



Googol Technology Co 1-Year ROIIC % Calculation

Googol Technology Co's 1-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 54.9142 (Jun. 2024) - 113.1891 (Jun. 2023) )/( 947.612 (Jun. 2024) - 557.419 (Jun. 2023) )
=-58.2749/390.193
=-14.93%***

* 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.


Googol Technology Co  (SZSE:301510) 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.


Googol Technology Co 1-Year ROIIC % Related Terms

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Googol Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Shenzhen-Hong Kong Industry-University-Research Base, Room W211, 2nd Floor, West Building, High-tech Zone, Nanshan, South District, Guangdong, Shenzhen, CHN, 518057
Googol Technology Co Ltd a high-tech enterprise engaged in the research and development of manufacturing core technologies, is one of the comprehensive solution providers for fully interconnected intelligent manufacturing at home and abroad. Googol Technology focuses on the core technology research in the five directions of motion control, servo drive, multi-dimensional perception, industrial field network and industrial software. The operation and control technology and products of Googol Technology are widely used in industrial control fields such as microelectronics, robots, CNC machine tools, electronic processing, testing, printing, packaging and production automation.

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