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Dongguan Golden Sun Abrasives Co (SZSE:300606) 1-Year ROIIC % : -2.82% (As of Sep. 2024)


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What is Dongguan Golden Sun Abrasives 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. Dongguan Golden Sun Abrasives Co's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was -2.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Dongguan Golden Sun Abrasives Co's 1-Year ROIIC % or its related term are showing as below:

SZSE:300606's 1-Year ROIIC % is ranked worse than
58.72% of 1490 companies
in the Construction industry
Industry Median: 2.165 vs SZSE:300606: -2.82

Dongguan Golden Sun Abrasives Co 1-Year ROIIC % Historical Data

The historical data trend for Dongguan Golden Sun Abrasives 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.

Dongguan Golden Sun Abrasives Co 1-Year ROIIC % Chart

Dongguan Golden Sun Abrasives 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 61.35 -7.08 -2.51 -29.78 15.30

Dongguan Golden Sun Abrasives 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 -7.73 15.30 16.16 22.37 -2.82

Competitive Comparison of Dongguan Golden Sun Abrasives Co's 1-Year ROIIC %

For the Building Products & Equipment subindustry, Dongguan Golden Sun Abrasives 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.


Dongguan Golden Sun Abrasives Co's 1-Year ROIIC % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dongguan Golden Sun Abrasives Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Dongguan Golden Sun Abrasives Co's 1-Year ROIIC % falls into.


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Dongguan Golden Sun Abrasives Co 1-Year ROIIC % Calculation

Dongguan Golden Sun Abrasives 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
=( 49.9314 (Sep. 2024) - 53.483 (Sep. 2023) )/( 866.62 (Sep. 2024) - 740.679 (Sep. 2023) )
=-3.5516/125.941
=-2.82%***

* 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.


Dongguan Golden Sun Abrasives Co  (SZSE:300606) 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.


Dongguan Golden Sun Abrasives Co 1-Year ROIIC % Related Terms

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Dongguan Golden Sun Abrasives Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Dahuan Road, Dalingshan Town, Guangdong Province, Dongguan, CHN, 523826
Dongguan Golden Sun Abrasives Co Ltd is based in China. The company is mainly engaged in the research and development, production and sales of polishing materials, high-end intelligent equipment and precision structural parts manufacturing services, providing customers with comprehensive solutions for precision grinding and polishing and precision structural parts manufacturing.
Executives
Du Zhang Bo Director
Yang Wei Directors, executives
Fang Hong Directors, executives
Liu Yi Biao Directors, executives
Du Yan Yan Secretary Dong
Nong Zhong Chao Executives
Zhu Yuan Ji Executives
Yan Xin Ting Supervisors
Yang Lu Directors, executives
Li Ya Bin Supervisors
Xu Man Director

Dongguan Golden Sun Abrasives Co Headlines

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