CHJI (China Changjiang Mining & New Energy Co) 3-Year ROIIC % : 0.00% (As of Dec. 2023)

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What is China Changjiang Mining & New Energy Co 3-Year ROIIC %?

China Changjiang Mining & New Energy Co CHJI 3-Year ROIIC % is 0.00 as of Dec. 2023.

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. China Changjiang Mining & New Energy Co does not have enough data to calculate 3-Year ROIIC %.


China Changjiang Mining & New Energy Co  (OTCPK:CHJI) 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.


China Changjiang Mining & New Energy Co 3-Year ROIIC % Related Terms


China Changjiang Mining & New Energy Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for China Changjiang Mining & New Energy 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.

China Changjiang Mining & New Energy Co 3-Year ROIIC % Chart

China Changjiang Mining & New Energy Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.41 0.00 0.00 0.00 0.00

China Changjiang Mining & New Energy Co Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.00 0.00 0.00 0.00 0.00

CHJI vs GSLR, SING, SUNWQ: 3-Year ROIIC % Comparison

For the Solar subindustry, China Changjiang Mining & New Energy 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.


China Changjiang Mining & New Energy Co 3-Year ROIIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, China Changjiang Mining & New Energy Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where China Changjiang Mining & New Energy Co's 3-Year ROIIC % falls into.



China Changjiang Mining & New Energy Co 3-Year ROIIC % Calculation

China Changjiang Mining & New Energy Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 0 (Dec. 2023) - -0.065 (Dec. 2020) )/( 0 (Dec. 2023) - 0 (Dec. 2020) )
=/
=N/A%***

* 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?
China Changjiang Mining & New Energy Co (CHJI) has a 3-Year ROIIC % of 0.00 as of Dec. 2023. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on China Changjiang Mining & New Energy Co and its competitors.
Is China Changjiang Mining & New Energy Co's 3-Year ROIIC % too high?
China Changjiang Mining & New Energy Co's current 3-Year ROIIC % is 0.00.
How does China Changjiang Mining & New Energy Co's 3-Year ROIIC % compare to GSLR and SING?
China Changjiang Mining & New Energy Co's 3-Year ROIIC % of 0.00 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good 3-Year ROIIC % depends on the Semiconductors 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 China Changjiang Mining & New Energy Co and its competitors. China Changjiang Mining & New Energy Co'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 China Changjiang Mining & New Energy Co stock overvalued right now?
China Changjiang Mining & New Energy Co (CHJI) 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 China Changjiang Mining & New Energy Co (CHJI), the current 3-Year ROIIC % is 0.00 as of Dec. 2023. 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.

China Changjiang Mining & New Energy Co Business Description

Address No. 1038 West Nanjing Road, 37th Floor, Jing’An District, Shanghai, CHN, 200041
China Changjiang Mining & New Energy Co Ltd designs, engineers, constructs, markets, and sells photovoltaic (PV) energy facilities for commercial and utility applications to local markets. It is engaged in the development and operation of engineering, procurement, and construction contractors of solar PV energy facilities.