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China Gerui Advanced Materials Group (China Gerui Advanced Materials Group) 3-Year ROIIC % : 0.00% (As of Dec. 2013)


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What is China Gerui Advanced Materials Group 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. China Gerui Advanced Materials Group's 3-Year ROIIC % for the quarter that ended in Dec. 2013 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 China Gerui Advanced Materials Group's 3-Year ROIIC % or its related term are showing as below:

CHOPF's 3-Year ROIIC % is not ranked *
in the Steel industry.
Industry Median: 6
* Ranked among companies with meaningful 3-Year ROIIC % only.

China Gerui Advanced Materials Group 3-Year ROIIC % Historical Data

The historical data trend for China Gerui Advanced Materials Group'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.

China Gerui Advanced Materials Group 3-Year ROIIC % Chart

China Gerui Advanced Materials Group Annual Data
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China Gerui Advanced Materials Group Quarterly Data
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Competitive Comparison of China Gerui Advanced Materials Group's 3-Year ROIIC %

For the Steel subindustry, China Gerui Advanced Materials Group'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 Gerui Advanced Materials Group's 3-Year ROIIC % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Gerui Advanced Materials Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where China Gerui Advanced Materials Group's 3-Year ROIIC % falls into.



China Gerui Advanced Materials Group 3-Year ROIIC % Calculation

China Gerui Advanced Materials Group's 3-Year ROIIC % for the quarter that ended in Dec. 2013 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -9.020193 (Dec. 2013) - 50.1886838 (Dec. 2010) )/( 469.832 (Dec. 2013) - 241.094 (Dec. 2010) )
=-59.2088768/228.738
=-25.89%***

* 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.


China Gerui Advanced Materials Group  (GREY:CHOPF) 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 Gerui Advanced Materials Group 3-Year ROIIC % Related Terms

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China Gerui Advanced Materials Group (China Gerui Advanced Materials Group) Business Description

Traded in Other Exchanges
N/A
Address
1 Shuanghu Development Zone, Zhengzhou, Xinzheng City, Henan, CHN, 451191
China Gerui Advanced Materials Group Ltd is a China-based steel processor company. It manufactures high precision cold-rolled narrow strip steel products and converts steel manufactured into thin steel sheets and strips. It mainly produces ultra-thin, high-strength cold-rolled steel products and chromium plates. The company sells its products to domestic Chinese customers who primarily operate in the food and industrial packaging, construction and household decorations materials, electrical appliances, and telecommunications wires and cables industries.

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