Sinovus Mining (ASX:SNV) 3-Year ROIIC % : 0.00% (As of Jun. 2016)


What is Sinovus Mining 3-Year ROIIC %?

Sinovus Mining ASX:SNV 3-Year ROIIC % is 0.00 as of Jun. 2016. The stock has 4 warning signs investors should review.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Sinovus Mining's 3-Year ROIIC % for the quarter that ended in Jun. 2016 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Sinovus Mining's 3-Year ROIIC % or its related term are showing as below:

ASX:SNV's 3-Year ROIIC % is not ranked *
in the Metals & Mining industry.
Industry Median: -2.535
* Ranked among companies with meaningful 3-Year ROIIC % only.

Sinovus Mining  (ASX:SNV) 3-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.

Sinovus Mining 3-Year ROIIC % Related Terms

Sinovus Mining 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Sinovus Mining's 3-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.

Sinovus Mining 3-Year ROIIC % Chart

Sinovus Mining Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sinovus Mining Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
3-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 0.00 0.00 0.00 0.00 0.00

Sinovus Mining 3-Year ROIIC % Competitor Comparison

For the Copper subindustry, Sinovus Mining's 3-Year ROIIC %, along with its competitors' market caps and 3-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.

Sinovus Mining 3-Year ROIIC % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sinovus Mining's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Sinovus Mining's 3-Year ROIIC % falls into.


Sinovus Mining 3-Year ROIIC % Calculation

Sinovus Mining's 3-Year ROIIC % for the quarter that ended in Jun. 2016 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -0.45 (Jun. 2016) - -0.633 (Jun. 2013) )/( 2.39 (Jun. 2016) - 1.931 (Jun. 2013) )
=0.183/0.459
=39.87%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 0.00 mean?
Sinovus Mining (ASX:SNV) has a 3-Year ROIIC % of 0.00 as of Jun. 2016. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Sinovus Mining and its competitors.
Is Sinovus Mining's 3-Year ROIIC % too high?
Sinovus Mining's current 3-Year ROIIC % is 0.00.
How does Sinovus Mining's 3-Year ROIIC % compare to competitors?
Sinovus Mining's 3-Year ROIIC % of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Metals & Mining company?
A good 3-Year ROIIC % depends on the Metals & Mining industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Sinovus Mining and its competitors. Sinovus Mining's current 3-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinovus Mining stock overvalued right now?
Sinovus Mining (ASX:SNV) has a current 3-Year ROIIC % of 0.00. The current 3-Year ROIIC % is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Sinovus Mining (ASX:SNV), the current 3-Year ROIIC % is 0.00 as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sinovus Mining Business Description

Address 32 Martin Place, Level 10, Sydney, NSW, AUS, 2000
Sinovus Mining Ltd is a mineral resource company. It engaged in developing its gold assets in the Heilongjiang region of north-eastern China. The Company's main projects include: Xiangguang Silver Project, Laogouxi Gold Project, YangShan Coal Mine and Paltar Petroleum Limited.