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MEGA P and C Advanced Materials (Shanghai) Co (SHSE:603062) 1-Year ROIIC % : 18.18% (As of Dec. 2024)


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What is MEGA P and C Advanced Materials (Shanghai) 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. MEGA P and C Advanced Materials (Shanghai) Co's 1-Year ROIIC % for the quarter that ended in Dec. 2024 was 18.18%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for MEGA P and C Advanced Materials (Shanghai) Co's 1-Year ROIIC % or its related term are showing as below:

SHSE:603062's 1-Year ROIIC % is ranked better than
68.7% of 1294 companies
in the Chemicals industry
Industry Median: 0.605 vs SHSE:603062: 18.18

MEGA P and C Advanced Materials (Shanghai) Co 1-Year ROIIC % Historical Data

The historical data trend for MEGA P and C Advanced Materials (Shanghai) 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.

MEGA P and C Advanced Materials (Shanghai) Co 1-Year ROIIC % Chart

MEGA P and C Advanced Materials (Shanghai) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
1-Year ROIIC %
Get a 7-Day Free Trial 175.60 42.36 33.05 -34.03 18.18

MEGA P and C Advanced Materials (Shanghai) Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -34.03 -18.24 -21.22 -3.92 18.18

Competitive Comparison of MEGA P and C Advanced Materials (Shanghai) Co's 1-Year ROIIC %

For the Specialty Chemicals subindustry, MEGA P and C Advanced Materials (Shanghai) 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.


MEGA P and C Advanced Materials (Shanghai) Co's 1-Year ROIIC % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, MEGA P and C Advanced Materials (Shanghai) Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where MEGA P and C Advanced Materials (Shanghai) Co's 1-Year ROIIC % falls into.


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MEGA P and C Advanced Materials (Shanghai) Co 1-Year ROIIC % Calculation

MEGA P and C Advanced Materials (Shanghai) Co's 1-Year ROIIC % for the quarter that ended in Dec. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 229.0304886 (Dec. 2024) - 183.1299442 (Dec. 2023) )/( 965.344 (Dec. 2024) - 712.908 (Dec. 2023) )
=45.9005444/252.436
=18.18%***

* 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.


MEGA P and C Advanced Materials (Shanghai) Co  (SHSE:603062) 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.


MEGA P and C Advanced Materials (Shanghai) Co 1-Year ROIIC % Related Terms

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MEGA P and C Advanced Materials (Shanghai) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1515, Sicheng Road, Malu Town, Jiading, Shanghai, CHN, 201801
MEGA P and C Advanced Materials (Shanghai) Co Ltd is engaged in research & development, production and sales of high-performance multi-category coating products.
Executives
Zhang Hua Yong Director

MEGA P and C Advanced Materials (Shanghai) Co Headlines

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