Lee & Man Chemical Co (HKSE:00746) 3-Year ROIIC % : -67.71% (As of Dec. 2025)

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HKSE:00746 Lee & Man Chemical Co Ltd HKSE:00746
76 GF Score
Price HK$4.48
GF Value HK$4.03
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Lee & Man Chemical Co 3-Year ROIIC %?

Lee & Man Chemical Co HKSE:00746 +3.47% 76 3-Year ROIIC % is -67.71 as of Dec. 2025. GuruFocus rates HKSE:00746 with a GF Score™ of 76/100 and a GF Value™ of HK$4.03 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,536 Chemicals companies, Lee & Man Chemical Co ranks worse than 89.52% on this metric.

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. Lee & Man Chemical Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -67.71%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Lee & Man Chemical Co's 3-Year ROIIC % or its related term are showing as below:

HKSE:00746's 3-Year ROIIC % is ranked worse than
89.52% of 1536 companies
in the Chemicals industry
Industry Median: 0.14 vs HKSE:00746: -67.71

Lee & Man Chemical Co  (HKSE:00746) 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.


Lee & Man Chemical Co 3-Year ROIIC % Related Terms


Lee & Man Chemical Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Lee & Man Chemical 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.

Lee & Man Chemical Co 3-Year ROIIC % Chart

Lee & Man Chemical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.11 53.66 -11.55 1,166.43 -67.71

Lee & Man Chemical Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 1,166.43 0.00 -67.71 0.00

HKSE:00746 vs DOW: 3-Year ROIIC % Comparison

For the Chemicals subindustry, Lee & Man Chemical 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.


Lee & Man Chemical Co 3-Year ROIIC % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lee & Man Chemical Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Lee & Man Chemical Co's 3-Year ROIIC % falls into.


HKSE:00746
76GF Score
Lee & Man Chemical Co Ltd HKSE:00746
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lee & Man Chemical Co 3-Year ROIIC % Calculation

Lee & Man Chemical Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 559.4972864 (Dec. 2025) - 1191.4030464 (Dec. 2022) )/( 7046.183 (Dec. 2025) - 6112.865 (Dec. 2022) )
=-631.90576/933.318
=-67.71%***

* 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 -67.71 mean?
Lee & Man Chemical Co (HKSE:00746) has a 3-Year ROIIC % of -67.71 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Lee & Man Chemical Co and its competitors. According to the industry distribution chart, Lee & Man Chemical Co ranks #1375 out of 1536 companies in the Chemicals industry, placing it in the top 89.5%.
Is Lee & Man Chemical Co's 3-Year ROIIC % too high?
Lee & Man Chemical Co's current 3-Year ROIIC % is -67.71. Based on the distribution chart, Lee & Man Chemical Co ranks #1375 out of 1536 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Lee & Man Chemical Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lee & Man Chemical Co's 3-Year ROIIC % compare to DOW?
According to the Chemicals industry distribution chart, Lee & Man Chemical Co ranks #1375 out of 1536 companies for 3-Year ROIIC %. This places Lee & Man Chemical Co in the lower half of its industry. The industry median 3-Year ROIIC % is 0.14. 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 Chemicals company?
The median 3-Year ROIIC % among Chemicals companies is 0.14, based on 1,536 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. 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 Lee & Man Chemical Co and its competitors. For the Chemicals industry, the median 3-Year ROIIC % is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lee & Man Chemical Co's current 3-Year ROIIC % is -67.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lee & Man Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Lee & Man Chemical Co (HKSE:00746) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$4.03, compared to a current price of HK$4.48 — trading 11% above its estimated fair value. The current 3-Year ROIIC % is -67.71. Lee & Man Chemical Co's overall GF Score™ is 76/100 with 3 warning signs to review. 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 Lee & Man Chemical Co (HKSE:00746), the current 3-Year ROIIC % is -67.71 as of Dec. 2025. 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.

Is Lee & Man Chemical Co (HKSE:00746) Overvalued in 2026?

Based on GuruFocus' analysis, Lee & Man Chemical Co stock appears to be overvalued. The current stock price of HK$4.48 is trading 11% above its estimated GF Value™ of HK$4.03. GuruFocus considers Lee & Man Chemical Co to be Modestly Overvalued.

Key valuation signals for HKSE:00746:

  • 3-Year ROIIC %: -67.71
  • GF Value™: HK$4.03 vs. price of HK$4.48 (11% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the HKSE:00746 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lee & Man Chemical Co Business Description

Address 169 Electric Road, Unit B, 35th Floor, Lee & Man Commercial Center, North Point, Hong Kong, HKG
Lee & Man Chemical Co Ltd is an investment holding company. The company is engaged in the manufacture and sale of chemical products. Its products include Polymers, Basic Chemicals, Food / Water Additives, Paper Additives, and Lithium Ion Battery Additives. Its segment includes the Chemical segment manufacture and sale of chemical products; and the Property segment engaged in the development and sale of properties, properties held for rental, and supply of related property services. It generates the majority of its revenue from the Chemical segment. Its operations of the two segments are both located in the PRC. Its revenue of the Group's from external customers is derived from the PRC.
76GF Score

Get the complete analysis for HKSE:00746

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$4.48
Price
HK$4.03
GF Value