Advanced Micro-fabrication Equipment (SHSE:688012) 10-Year ROIIC % : 12.70% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688012 Advanced Micro-fabrication Equipment Inc SHSE:688012
82 GF Score
Price ¥383.00
GF Value ¥234.45
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Advanced Micro-fabrication Equipment 10-Year ROIIC %?

Advanced Micro-fabrication Equipment SHSE:688012 -4.19% 82 10-Year ROIIC % is 12.70 as of Dec. 2025. GuruFocus rates SHSE:688012 with a GF Score™ of 82/100 and a GF Value™ of ¥234.45 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 862 Semiconductors companies, Advanced Micro-fabrication Equipment ranks better than 68.21% on this metric.

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Advanced Micro-fabrication Equipment does not have enough data to calculate 10-Year ROIIC %.


Advanced Micro-fabrication Equipment  (SHSE:688012) 10-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.


Advanced Micro-fabrication Equipment 10-Year ROIIC % Related Terms


Advanced Micro-fabrication Equipment 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Advanced Micro-fabrication Equipment's 10-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.

Advanced Micro-fabrication Equipment 10-Year ROIIC % Chart

Advanced Micro-fabrication Equipment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Advanced Micro-fabrication Equipment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
10-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 0.00 0.00 0.00 0.00 0.00

SHSE:688012 vs AMAT, LRCX, KLAC: 10-Year ROIIC % Comparison

For the Semiconductor Equipment & Materials subindustry, Advanced Micro-fabrication Equipment's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


Advanced Micro-fabrication Equipment 10-Year ROIIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Advanced Micro-fabrication Equipment's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Advanced Micro-fabrication Equipment's 10-Year ROIIC % falls into.


SHSE:688012
82GF Score
Advanced Micro-fabrication Equipment Inc SHSE:688012
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advanced Micro-fabrication Equipment 10-Year ROIIC % Calculation

Advanced Micro-fabrication Equipment's 10-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 1496.6621652 (Dec. 2025) - (Dec. 2015) )/( 18164.058 (Dec. 2025) - (Dec. 2015) )
=/
=N/A%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-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.

Frequently Asked Questions Learn more about 10-Year ROIIC % →
What does a 10-Year ROIIC % of 12.70 mean?
Advanced Micro-fabrication Equipment (SHSE:688012) has a 10-Year ROIIC % of 12.70 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Advanced Micro-fabrication Equipment and its competitors. According to the industry distribution chart, Advanced Micro-fabrication Equipment ranks #274 out of 862 companies in the Semiconductors industry, placing it in the top 31.8%.
Is Advanced Micro-fabrication Equipment's 10-Year ROIIC % too high?
Advanced Micro-fabrication Equipment's current 10-Year ROIIC % is 12.70. The Semiconductors industry median 10-Year ROIIC % is 4.19. Advanced Micro-fabrication Equipment's value of 12.70 is 203.5% above this industry median. Based on the distribution chart, Advanced Micro-fabrication Equipment ranks #274 out of 862 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Advanced Micro-fabrication Equipment has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Micro-fabrication Equipment's 10-Year ROIIC % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Advanced Micro-fabrication Equipment ranks #274 out of 862 companies for 10-Year ROIIC %. This puts Advanced Micro-fabrication Equipment in the upper half of its industry. The industry median 10-Year ROIIC % is 4.19. Advanced Micro-fabrication Equipment's value of 12.70 is 203.5% 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 10-Year ROIIC % for a Semiconductors company?
The median 10-Year ROIIC % among Semiconductors companies is 4.19, based on 862 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advanced Micro-fabrication Equipment's current 10-Year ROIIC % of 12.70 is 203.5% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Advanced Micro-fabrication Equipment and its competitors. For the Semiconductors industry, the median 10-Year ROIIC % is 4.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Micro-fabrication Equipment's current 10-Year ROIIC % is 12.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Micro-fabrication Equipment stock overvalued right now?
Based on GuruFocus' analysis, Advanced Micro-fabrication Equipment (SHSE:688012) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥234.45, compared to a current price of ¥383.00 — trading 63.4% above its estimated fair value. The current 10-Year ROIIC % is 12.70 and 203.5% above the Semiconductors industry median of 4.19. Advanced Micro-fabrication Equipment's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Advanced Micro-fabrication Equipment (SHSE:688012), the current 10-Year ROIIC % is 12.70 as of Dec. 2025. 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.

Is Advanced Micro-fabrication Equipment (SHSE:688012) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Micro-fabrication Equipment stock appears to be overvalued. The current stock price of ¥383.00 is trading 63.4% above its estimated GF Value™ of ¥234.45. GuruFocus considers Advanced Micro-fabrication Equipment to be Significantly Overvalued.

Key valuation signals for SHSE:688012:

  • 10-Year ROIIC %: 12.70
  • GF Value™: ¥234.45 vs. price of ¥383.00 (63.4% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 203.5% above the Semiconductors median (#274 of 862)

No single metric tells the full story. See the SHSE:688012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced Micro-fabrication Equipment Business Description

Address No. 188, Taihua Road, Jinqiao Export Processing Zone (South District), Pudong New Area, Shanghai, CHN, 201201
Advanced Micro-fabrication Equipment Inc is engaged in the development, production, and sales of equipment such as plasma etching equipment, deep silicon etching equipment, and metal organic chemical vapor deposition (MOCVD) equipment for microelectronic devices such as integrated circuits and LED chips.
82GF Score

Get the complete analysis for SHSE:688012

10-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥383.00
Price
¥234.45
GF Value