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Jiangxi Copper Co (Jiangxi Copper Co) 1-Year ROIIC % : -0.67% (As of Mar. 2024)


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What is Jiangxi Copper 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. Jiangxi Copper Co's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -0.67%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

JIAXF's 1-Year ROIIC % is ranked better than
52.29% of 2335 companies
in the Metals & Mining industry
Industry Median: -2.52 vs JIAXF: -0.67

Jiangxi Copper Co 1-Year ROIIC % Historical Data

The historical data trend for Jiangxi Copper 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.

* Premium members only.

Jiangxi Copper Co 1-Year ROIIC % Chart

Jiangxi Copper Co 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 0.78 166.47 36.43 -36.94 -0.67

Jiangxi Copper Co 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 -128.31 -6.88 1.45 -0.67 -

Competitive Comparison of Jiangxi Copper Co's 1-Year ROIIC %

For the Copper subindustry, Jiangxi Copper 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.


Jiangxi Copper Co's 1-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jiangxi Copper Co's 1-Year ROIIC % distribution charts can be found below:

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



Jiangxi Copper Co 1-Year ROIIC % Calculation

Jiangxi Copper Co'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
=( 1101.1127 (Mar. 2024) - 1035.187 (Mar. 2023) )/( 19204.59 (Mar. 2024) - 19738.727 (Mar. 2023) )
=65.9257/-534.137
=-12.34%***

* 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.


Jiangxi Copper Co  (OTCPK:JIAXF) 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.


Jiangxi Copper Co 1-Year ROIIC % Related Terms

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Jiangxi Copper Co (Jiangxi Copper Co) Business Description

Traded in Other Exchanges
Address
No. 7666 Changdong Avenue, High-tech Development Zone, Jiangxi Province, Nanchang, CHN, 330096
Jiangxi Copper Co Ltd engages in copper mining and dressing; smelting and processing; extraction, and processing of precious and scattered metal, and sulphuric chemistry. Its products include a copper cathode, gold, silver, sulphuric acid, c, copper foil, selenium, tellurium, rhenium, and bismuth. It has two operating segments as follows: Copper related business and Gold related business out of which Copper related business segment accounts for a majority of revenue.

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