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CECEP Wind Power (SHSE:601016) 1-Year ROIIC % : -9.20% (As of Mar. 2024)


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What is CECEP Wind Power 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. CECEP Wind Power's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -9.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for CECEP Wind Power's 1-Year ROIIC % or its related term are showing as below:

SHSE:601016's 1-Year ROIIC % is ranked worse than
68.66% of 402 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.135 vs SHSE:601016: -9.20

CECEP Wind Power 1-Year ROIIC % Historical Data

The historical data trend for CECEP Wind Power'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.

CECEP Wind Power 1-Year ROIIC % Chart

CECEP Wind Power 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 3.30 0.81 15.84 29.15 -25.05

CECEP Wind Power 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 86.73 -16.54 -37.52 -25.05 -9.20

Competitive Comparison of CECEP Wind Power's 1-Year ROIIC %

For the Utilities - Renewable subindustry, CECEP Wind Power'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.


CECEP Wind Power's 1-Year ROIIC % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CECEP Wind Power's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where CECEP Wind Power's 1-Year ROIIC % falls into.



CECEP Wind Power 1-Year ROIIC % Calculation

CECEP Wind Power'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
=( 2299.1638 (Mar. 2024) - 2509.7666 (Mar. 2023) )/( 38141.158 (Mar. 2024) - 35852.766 (Mar. 2023) )
=-210.6028/2288.392
=-9.20%***

* 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.


CECEP Wind Power  (SHSE:601016) 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.


CECEP Wind Power 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of CECEP Wind Power's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


CECEP Wind Power (SHSE:601016) Business Description

Traded in Other Exchanges
N/A
Address
Jieneng Mansion No.42, Xizhimen North Street, 12F Building A, Haidian District, Beijing, CHN, 100082
CECEP Wind Power Corp is a China-based company engages in the development, investment management, construction, operation and maintenance of wind power projects. It also involves in integrated resource exploration as well as engages in the manufacture and construction of turbine design. It holds main wind power station projects, which situated at Zhangbei, Hebei province, Dabancheng, Xinjiang Province, and Jiuquan, Gansu province, China.
Executives
Liu Bin Directors, senior managers
Zheng Cai Xia senior management
Jia Rui senior management
Luo Jie senior management
Guo Yi senior management
Zhang Hua Yao senior management

CECEP Wind Power (SHSE:601016) Headlines

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