TIPS (Tianrong Internet Products And Services) ROIC %: 0.00% (As of Sep. 2023)


What is Tianrong Internet Products And Services ROIC %?

Tianrong Internet Products And Services TIPS -20.00% ROIC % is 0.00% as of Sep. 2023.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Tianrong Internet Products And Services's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2023 was 0.00%.

As of today (2026-07-02), Tianrong Internet Products And Services's WACC % is 0.00%. Tianrong Internet Products And Services's ROIC % is 0.00% (calculated using TTM income statement data). Tianrong Internet Products And Services earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Tianrong Internet Products And Services  (OTCPK:TIPS) ROIC % Explanation

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, Tianrong Internet Products And Services's WACC % is 0.00%. Tianrong Internet Products And Services's ROIC % is 0.00% (calculated using TTM income statement data). Tianrong Internet Products And Services 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.

Tianrong Internet Products And Services ROIC % Related Terms

Tianrong Internet Products And Services ROIC % Historical Data

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The historical data trend for Tianrong Internet Products And Services'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.

Tianrong Internet Products And Services ROIC % Chart

Tianrong Internet Products And Services Annual Data
Trend
ROIC %

Tianrong Internet Products And Services Semi-Annual Data
Sep22 Sep23
ROIC % 0.00 0.00

TIPS vs TPIC, BW, HNOI: ROIC % Comparison

For the Specialty Industrial Machinery subindustry, Tianrong Internet Products And Services'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.

Tianrong Internet Products And Services ROIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianrong Internet Products And Services's ROIC % distribution charts can be found below:

* The bar in red indicates where Tianrong Internet Products And Services's ROIC % falls into.


Tianrong Internet Products And Services ROIC % Calculation

Tianrong Internet Products And Services's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in . 20 is calculated as:

ROIC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Tianrong Internet Products And Services's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Sep. 2023 is calculated as:

ROIC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=0 * ( 1 - % )/( (0 + 0)/ 1 )
=0/0
= %

where

Invested Capital(Q: Sep. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0.17 - ( 0 - max(0, 0.17 - 0+0))
=0

Note: The Operating Income data used here is one times the annual (Sep. 2023) 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 0.00% mean?
Tianrong Internet Products And Services (TIPS) has a ROIC % of 0.00% as of Sep. 2023. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Tianrong Internet Products And Services and its competitors.
Is Tianrong Internet Products And Services' ROIC % too high?
Tianrong Internet Products And Services' current ROIC % is 0.00%.
How does Tianrong Internet Products And Services' ROIC % compare to TPIC and BW?
Tianrong Internet Products And Services' ROIC % of 0.00% can be compared against companies in the Industrial Products industry. The industry median ROIC % is 5.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for an Industrial Products company?
The median ROIC % among Industrial Products companies is 5.21, based on 3,033 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. 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 Tianrong Internet Products And Services and its competitors. For the Industrial Products industry, the median ROIC % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianrong Internet Products And Services's current ROIC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianrong Internet Products And Services stock overvalued right now?
Tianrong Internet Products And Services (TIPS) has a current ROIC % of 0.00%. The current ROIC % is 0.00%. 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 Tianrong Internet Products And Services (TIPS), the current ROIC % is 0.00% as of Sep. 2023. 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.

Tianrong Internet Products And Services Business Description

Address 2374 Route 390, Mountainhome, PA, USA, 18342
Tianrong Internet Products And Services Inc is a United States-based holding company whose planning is the acquisition and management of assets in the heavy equipment industry.