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Shanghai REFIRE GroupHKSE:02570 -4.28%3 3-Year ROIIC % is 15.30 as of Dec. 2025. GuruFocus rates HKSE:02570 with a GF Score™ of 3/100. The stock has 9 warning signs investors should review. Among 2,936 Industrial Products companies, Shanghai REFIRE Group ranks better than 69.24% 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.
Shanghai REFIRE Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 15.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Shanghai REFIRE Group's 3-Year ROIIC % or its related term are showing as below:
HKSE:02570's 3-Year ROIIC % is ranked better than 69.24% of 2936
companies
in the Industrial Products industry
Industry Median: 3.53
vs HKSE:02570: 15.30
Shanghai REFIRE Group (HKSE:02570) 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.
Shanghai REFIRE Group 3-Year ROIIC % Related Terms
Shanghai REFIRE Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Shanghai REFIRE 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.
HKSE:02570 vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, Shanghai REFIRE 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.
Shanghai REFIRE Group 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai REFIRE Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shanghai REFIRE Group's 3-Year ROIIC % falls into.
Shanghai REFIRE Group'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**
=
( -362.273 (Dec. 2025) - -511.66 (Dec. 2022) )
/
( 3216.159 (Dec. 2025) - 2239.892 (Dec. 2022) )
=
149.387
/
976.267
=
15.30%***
* 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.
Shanghai REFIRE Group (HKSE:02570) has a 3-Year ROIIC % of 15.30 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 Shanghai REFIRE Group and its competitors. According to the industry distribution chart, Shanghai REFIRE Group ranks #903 out of 2936 companies in the Industrial Products industry, placing it in the top 30.8%.
Is Shanghai REFIRE Group's 3-Year ROIIC % too high?
Shanghai REFIRE Group's current 3-Year ROIIC % is 15.30. The Industrial Products industry median 3-Year ROIIC % is 3.53. Shanghai REFIRE Group's value of 15.30 is 333.4% above this industry median. Based on the distribution chart, Shanghai REFIRE Group ranks #903 out of 2936 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shanghai REFIRE Group has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai REFIRE Group's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai REFIRE Group ranks #903 out of 2936 companies for 3-Year ROIIC %. This puts Shanghai REFIRE Group in the upper half of its industry. The industry median 3-Year ROIIC % is 3.53. Shanghai REFIRE Group's value of 15.30 is 333.4% above this benchmark. 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.53, based on 2,936 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. Shanghai REFIRE Group's current 3-Year ROIIC % of 15.30 is 333.4% above the industry median. 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 Shanghai REFIRE Group and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai REFIRE Group's current 3-Year ROIIC % is 15.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai REFIRE Group stock overvalued right now?
Shanghai REFIRE Group (HKSE:02570) has a current 3-Year ROIIC % of 15.30. The current 3-Year ROIIC % is 15.30 and 333.4% above the Industrial Products industry median of 3.53. Shanghai REFIRE Group's overall GF Score™ is 3/100 with 9 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 Shanghai REFIRE Group (HKSE:02570), the current 3-Year ROIIC % is 15.30 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.
Shanghai REFIRE Group Ltd is a hydrogen technology company in China, It is focused on the design, development, manufacture, and sales of hydrogen fuel cell systems, hydrogen production systems, and related components, as well as providing fuel cell engineering and technical services catering to customers' needs, enabling it to provide one-stop solution for hydrogen production and end-use applications. Key revenue of the Group was derived from operations in Mainland China, and also has its presence in Other Countries.
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