GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuhan LAND Electronic Co Ltd (BJSE:830779) » Definitions » 3-Year ROIIC %

Wuhan LAND Electronic Co (BJSE:830779) 3-Year ROIIC % : 63.60% (As of Dec. 2022)


View and export this data going back to 2023. Start your Free Trial

What is Wuhan LAND Electronic Co 3-Year ROIIC %?

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. Wuhan LAND Electronic Co's 3-Year ROIIC % for the quarter that ended in Dec. 2022 was 63.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Wuhan LAND Electronic Co's 3-Year ROIIC % or its related term are showing as below:

BJSE:830779's 3-Year ROIIC % is ranked better than
89.44% of 2918 companies
in the Industrial Products industry
Industry Median: 5.875 vs BJSE:830779: 63.60

Wuhan LAND Electronic Co 3-Year ROIIC % Historical Data

The historical data trend for Wuhan LAND Electronic Co'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.

* Premium members only.

Wuhan LAND Electronic Co 3-Year ROIIC % Chart

Wuhan LAND Electronic Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 686.42 -662.36 -224.58 41.05 63.60

Wuhan LAND Electronic Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Wuhan LAND Electronic Co's 3-Year ROIIC %

For the Electrical Equipment & Parts subindustry, Wuhan LAND Electronic Co'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.


Wuhan LAND Electronic Co's 3-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuhan LAND Electronic Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Wuhan LAND Electronic Co's 3-Year ROIIC % falls into.



Wuhan LAND Electronic Co 3-Year ROIIC % Calculation

Wuhan LAND Electronic Co's 3-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 73.606581 (Dec. 2022) - 39.3778622 (Dec. 2019) )/( 99.661 (Dec. 2022) - 45.839 (Dec. 2019) )
=34.2287188/53.822
=63.60%***

* 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.


Wuhan LAND Electronic Co  (BJSE:830779) 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.


Wuhan LAND Electronic Co 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Wuhan LAND Electronic Co's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Wuhan LAND Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Gaoxin 4th Road, Donghu New Technology Development Zone, No. 01, 4th Floor, No. 7 Factory Building, Phase III, Wuhan Optics Valley Electronic Industrial Park, Hubei Province, Wuhan City, CHN, 430205
Wuhan LAND Electronic Co Ltd engages in the development, production, and sales of software and hardware for battery testing equipment. It caters to applications in the battery testing field, including material research, battery formation, capacity sorting, combined battery, and super capacitor testing.

Wuhan LAND Electronic Co Headlines

No Headlines