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ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Shenni Holdings's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2024 was 81.22%.
As of today (2026-08-05), Shenni Holdings's WACC % is 0.00%. Shenni Holdings's ROIC % is 0.00% (calculated using TTM income statement data).
Shenni Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Shenni Holdings's WACC % is 0.00%. Shenni Holdings's ROIC % is 0.00% (calculated using TTM income statement data).
Shenni Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Shenni Holdings ROIC % Related Terms
Shenni Holdings ROIC % Historical Data
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The historical data trend for Shenni Holdings's ROIC % 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.
Shenni Holdings ROIC % Chart
Shenni Holdings Annual Data
Trend
Mar23
Mar24
ROIC %
-2.25
30.80
Shenni Holdings Semi-Annual Data
Mar23
Sep23
Mar24
Sep24
ROIC %
0.00
6.12
60.68
81.22
SNI vs : ROIC % Comparison
For the Medical Devices subindustry, Shenni Holdings's ROIC %, along with its competitors' market caps and ROIC % 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.
Shenni Holdings ROIC % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Shenni Holdings's ROIC % distribution charts can be found below:
* The bar in red indicates where Shenni Holdings's ROIC % falls into.
Note:
The Operating Income data used here is two times the semi-annual (Sep. 2024) data.
The tax rate is limited to between 0% and 100%.
* 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.
Shenni Holdings (SNI) has a ROIC % of 81.22% as of Sep. 2024. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Shenni Holdings and its competitors.
Is Shenni Holdings' ROIC % too high?
Shenni Holdings' current ROIC % is 81.22%. The Medical Devices & Instruments industry median ROIC % is 1.31. Shenni Holdings' value of 81.22% is 6100% above this industry median.
How does Shenni Holdings' ROIC % compare to ?
Shenni Holdings' ROIC % of 81.22% can be compared against companies in the Medical Devices & Instruments industry. The industry median ROIC % is 1.31. Shenni Holdings' value of 81.22% is 6100% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Medical Devices & Instruments company?
The median ROIC % among Medical Devices & Instruments companies is 1.31, based on 846 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shenni Holdings's current ROIC % of 81.22% is 6100% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Shenni Holdings and its competitors. For the Medical Devices & Instruments industry, the median ROIC % is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenni Holdings's current ROIC % is 81.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenni Holdings stock overvalued right now?
Shenni Holdings (SNI) has a current ROIC % of 81.22%. The current ROIC % is 81.22% and 6100% above the Medical Devices & Instruments industry median of 1.31. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Shenni Holdings (SNI), the current ROIC % is 81.22% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
AddressBiopharmaceutical Industry Park, South Bridge Yongfeng County, Jiangxi Province, Jian, CHN, 331500
Shenni Holdings Ltd is a holding company. Through its operating subsidiaries in China, it is engaged in the business of the manufacture and distribution of urology medical devices and care products as well as the distribution of cardiovascular and cerebrovascular medical devices. Its products include Guide Wire, Catheter Sheath, and PTA Balloon Catheter. The company derives its revenue from three sources: (i) sales and distribution of urology medical devices (ii) sales and distribution of urology care products, and (iii) sales and distribution of cardiovascular and cerebrovascular medical devices.
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