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Sichuan Chuanhuan Technology Co (SZSE:300547) 1-Year ROIIC % : 251.03% (As of Mar. 2024)


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What is Sichuan Chuanhuan 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 Chuanhuan Technology Co's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 251.03%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SZSE:300547's 1-Year ROIIC % is ranked better than
93.76% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 5.9 vs SZSE:300547: 251.03

Sichuan Chuanhuan Technology Co 1-Year ROIIC % Historical Data

The historical data trend for Sichuan Chuanhuan 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 Chuanhuan Technology Co 1-Year ROIIC % Chart

Sichuan Chuanhuan 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 -29.63 29.57 37.52 9.45 52.68

Sichuan Chuanhuan Technology 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 7.25 22.06 24.33 52.68 251.03

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

For the Auto Parts subindustry, Sichuan Chuanhuan 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 Chuanhuan Technology Co's 1-Year ROIIC % Distribution in the Vehicles & Parts Industry

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

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



Sichuan Chuanhuan Technology Co 1-Year ROIIC % Calculation

Sichuan Chuanhuan Technology 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
=( 203.1372 (Mar. 2024) - 128.1279 (Mar. 2023) )/( 1008.653 (Mar. 2024) - 978.772 (Mar. 2023) )
=75.0093/29.881
=251.03%***

* 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 Chuanhuan Technology Co  (SZSE:300547) 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 Chuanhuan Technology Co 1-Year ROIIC % Related Terms

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Sichuan Chuanhuan Technology Co (SZSE:300547) Business Description

Traded in Other Exchanges
N/A
Address
Dongliu Industrial Park, Dazhou County, Sichuan Province, Dazhou, CHN
Sichuan Chuanhuan Technology Co Ltd engages in the development, manufacture, and sale of automotive rubber hose products. It specializes in fuel system and cooling system hoses. The company's products include oil tubing, brake pipe tubing, power steering tube, turbocharger piping, body attachment system, automotive air conditioner tube, and nylon tube series. It offers rubber molded products, silicon fluorine rubber hose, and injection molded plastic parts.
Executives
Wen Qi Chao Director
Wang Ji Sheng Director
Zhu Jun Shi Executives
Wang Quan Hui Supervisors
Wen Jian Shu Director
Wen Yong Executives
Tang Xing Jian Executives
Mao Bo Hai Directors, executives
Zou Yong Executives
Zhang Fu Hou Secretary, Director
Jiang Qing Chun Directors, executives
Wen Mo Tong Director

Sichuan Chuanhuan Technology Co (SZSE:300547) Headlines

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