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Shanghai Beite Technology Co (SHSE:603009) 1-Year ROIIC % : 42.85% (As of Mar. 2025)


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What is Shanghai Beite Technology 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. Shanghai Beite Technology Co's 1-Year ROIIC % for the quarter that ended in Mar. 2025 was 42.85%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SHSE:603009's 1-Year ROIIC % is ranked better than
78.39% of 1143 companies
in the Vehicles & Parts industry
Industry Median: 2.38 vs SHSE:603009: 42.85

Shanghai Beite Technology Co 1-Year ROIIC % Historical Data

The historical data trend for Shanghai Beite Technology 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.

Shanghai Beite Technology Co 1-Year ROIIC % Chart

Shanghai Beite Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -72.24 18.67 57.98 -2.63 42.85

Shanghai Beite Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -319.09 -1,227.78 -291.42 42.85 -

Competitive Comparison of Shanghai Beite Technology Co's 1-Year ROIIC %

For the Auto Parts subindustry, Shanghai Beite Technology 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.


Shanghai Beite Technology Co's 1-Year ROIIC % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Beite Technology Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Shanghai Beite Technology Co's 1-Year ROIIC % falls into.


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Shanghai Beite Technology Co 1-Year ROIIC % Calculation

Shanghai Beite Technology Co's 1-Year ROIIC % for the quarter that ended in Mar. 2025 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 149.5455 (Mar. 2025) - 99.714 (Mar. 2024) )/( 2836.946 (Mar. 2025) - 2683.235 (Mar. 2024) )
=49.8315/153.711
=32.42%***

* 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.


Shanghai Beite Technology Co  (SHSE:603009) 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.


Shanghai Beite Technology Co 1-Year ROIIC % Related Terms

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Shanghai Beite Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No 2488 Gaoshi Road, Huating Town, Jiading District, Shanghai, IND, 201816
Shanghai Beite Technology Co Ltd provides metal products for steering and shock absorber piston rod customers in China. Its products include rack blanks, semi-finished racks, finished racks, finished valve sleeves, semi-finished input shafts, semi-finished worm shafts, pinion blanks, semi-finished pinions, piston rod blanks, semi-finished piston rods, and finished piston rods.
Executives
Jin Kun Director
Xu Hong Fei senior management
Cao Qing Supervisors
Cai Xiang Dong senior management
Liu Chun Mei senior management
Cao Xian Bin Supervisors
Tao Wan Yin Director
Jin Xiao Tang Director

Shanghai Beite Technology Co Headlines

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