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Changzhou Kaidi Electrical (SHSE:605288) 1-Year ROIIC % : 1.44% (As of Sep. 2024)


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What is Changzhou Kaidi Electrical 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. Changzhou Kaidi Electrical's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 1.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Changzhou Kaidi Electrical's 1-Year ROIIC % or its related term are showing as below:

SHSE:605288's 1-Year ROIIC % is ranked worse than
50.75% of 2922 companies
in the Industrial Products industry
Industry Median: 1.825 vs SHSE:605288: 1.44

Changzhou Kaidi Electrical 1-Year ROIIC % Historical Data

The historical data trend for Changzhou Kaidi Electrical'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.

Changzhou Kaidi Electrical 1-Year ROIIC % Chart

Changzhou Kaidi Electrical Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only - -10.67 -23.32 -70.82 -235.75

Changzhou Kaidi Electrical 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 -33.44 -235.75 -48.45 -98.51 1.44

Competitive Comparison of Changzhou Kaidi Electrical's 1-Year ROIIC %

For the Electrical Equipment & Parts subindustry, Changzhou Kaidi Electrical'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.


Changzhou Kaidi Electrical's 1-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changzhou Kaidi Electrical's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Changzhou Kaidi Electrical's 1-Year ROIIC % falls into.



Changzhou Kaidi Electrical 1-Year ROIIC % Calculation

Changzhou Kaidi Electrical'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
=( 74.3146 (Sep. 2024) - 74.1176 (Sep. 2023) )/( 1215.824 (Sep. 2024) - 1202.1 (Sep. 2023) )
=0.197/13.724
=1.44%***

* 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.


Changzhou Kaidi Electrical  (SHSE:605288) 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.


Changzhou Kaidi Electrical 1-Year ROIIC % Related Terms

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Changzhou Kaidi Electrical Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Hengcui Road, Jiangcun Village, Henglin Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213101
Changzhou Kaidi Electrical Inc is engaged in production and sales of linear drive system products. The company develops linear drive systems, product development, manufacturing, and domestic and international marketing. It provides linear drive system products in the fields of medical care, auto parts, among others.
Executives
Yao Bu Tang senior management
Lu Xiao Bo Directors, senior managers
Zhou Rong Qing Directors, senior managers
Yan Guo Hong senior management
Zhou Lin Yu Director
Zhou Shu Cheng Directors, senior managers
Chen Xu Pei senior management
Zhou Yan Qin senior management

Changzhou Kaidi Electrical Headlines

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