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Sichuan Huati Lighting Technology Co (SHSE:603679) 1-Year ROIIC % : -1.95% (As of Sep. 2024)


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What is Sichuan Huati Lighting 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. Sichuan Huati Lighting Technology Co's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was -1.95%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SHSE:603679's 1-Year ROIIC % is ranked worse than
55.37% of 2922 companies
in the Industrial Products industry
Industry Median: 1.825 vs SHSE:603679: -1.95

Sichuan Huati Lighting Technology Co 1-Year ROIIC % Historical Data

The historical data trend for Sichuan Huati Lighting 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.

Sichuan Huati Lighting Technology Co 1-Year ROIIC % Chart

Sichuan Huati Lighting Technology 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 23.52 -13.84 39.29 -784.50 73.50

Sichuan Huati Lighting Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.16 73.50 43.85 59.98 -1.95

Competitive Comparison of Sichuan Huati Lighting Technology Co's 1-Year ROIIC %

For the Electrical Equipment & Parts subindustry, Sichuan Huati Lighting 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.


Sichuan Huati Lighting Technology Co's 1-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sichuan Huati Lighting Technology Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Sichuan Huati Lighting Technology Co's 1-Year ROIIC % falls into.



Sichuan Huati Lighting Technology Co 1-Year ROIIC % Calculation

Sichuan Huati Lighting Technology Co's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -4.2631 (Sep. 2024) - -3.2376 (Sep. 2023) )/( 931.635 (Sep. 2024) - 879.08 (Sep. 2023) )
=-1.0255/52.555
=-1.95%***

* 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.


Sichuan Huati Lighting Technology Co  (SHSE:603679) 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.


Sichuan Huati Lighting Technology Co 1-Year ROIIC % Related Terms

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Sichuan Huati Lighting Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 580, Block 3, Shuanghua Road, Southwest Airport Economic Development Zone, Chengdu, CHN, 610207
Sichuan Huati Lighting Technology Co Ltd is an integrated urban lighting service provider, focusing on program planning and design, product development and manufacturing, and industrial lighting. Its products include multi-function poles, demo product, flood projection lights, light-emitting diode (LED) parking light fixture, LED street light fixtures, shoebox light fixture, smart bus station, smart street lighting, the 3rd generation lighting module, and tunnel lights.
Executives
Wang Xiao Yu Director
Liang Xi Director
Liang Yu Xiang Director
Li Da Ming Director
Xiang Zong Shu Director
Zhang Hui Director
Li Dai Xiong Director
Liu Yi Director
Yang Xiong Director

Sichuan Huati Lighting Technology Co Headlines

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