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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.
Liuzhou Chemical Industry Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -39.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Liuzhou Chemical Industry Co (SHSE:600423) 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.
Liuzhou Chemical Industry Co 3-Year ROIIC % Related Terms
Liuzhou Chemical Industry Co 3-Year ROIIC % Historical Data
* 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.
SHSE:600423 vs CTVA, CF, MOS: 3-Year ROIIC % Comparison
For the Agricultural Inputs subindustry, Liuzhou Chemical Industry 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.
Liuzhou Chemical Industry Co 3-Year ROIIC % vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Liuzhou Chemical Industry Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Liuzhou Chemical Industry Co's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -4.815994 (Dec. 2025) - 15.019 (Dec. 2022) )
/
( 129.862 (Dec. 2025) - 80.013 (Dec. 2022) )
=
-19.834994
/
49.849
=
-39.79%***
* 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.
Liuzhou Chemical Industry Co (SHSE:600423) has a 3-Year ROIIC % of -39.79 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 Liuzhou Chemical Industry Co and its competitors. According to the industry distribution chart, Liuzhou Chemical Industry Co ranks #195 out of 252 companies in the Agriculture industry, placing it in the top 77.4%.
Is Liuzhou Chemical Industry Co's 3-Year ROIIC % too high?
Liuzhou Chemical Industry Co's current 3-Year ROIIC % is -39.79. Based on the distribution chart, Liuzhou Chemical Industry Co ranks #195 out of 252 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Liuzhou Chemical Industry Co has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liuzhou Chemical Industry Co's 3-Year ROIIC % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Liuzhou Chemical Industry Co ranks #195 out of 252 companies for 3-Year ROIIC %. This places Liuzhou Chemical Industry Co in the lower half of its 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 an Agriculture company?
A good 3-Year ROIIC % depends on the Agriculture 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 Liuzhou Chemical Industry Co and its competitors. Liuzhou Chemical Industry Co's current 3-Year ROIIC % is -39.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liuzhou Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Liuzhou Chemical Industry Co (SHSE:600423) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.09, compared to a current price of ¥2.79 — trading 9.7% below its estimated fair value. The current 3-Year ROIIC % is -39.79. Liuzhou Chemical Industry Co's overall GF Score™ is 53/100 with 4 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 Liuzhou Chemical Industry Co (SHSE:600423), the current 3-Year ROIIC % is -39.79 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 Liuzhou Chemical Industry Co (SHSE:600423) Overvalued in 2026?
Based on GuruFocus' analysis, Liuzhou Chemical Industry Co stock appears to be undervalued.
The current stock price of ¥2.79 is trading 9.7% below its estimated GF Value™ of ¥3.09.
GuruFocus considers Liuzhou Chemical Industry Co to be Modestly Undervalued.
Key valuation signals for SHSE:600423:
3-Year ROIIC %: -39.79
GF Value™: ¥3.09 vs. price of ¥2.79 (9.7% below fair value)
No single metric tells the full story. See the SHSE:600423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Liuzhou Chemical Industry Co Ltd is engaged in producing and selling chemical fertilizers. The product line includes - porous ammonium nitrate, sodium nitrite, soda ash, granular ammonium nitrate, industrial sulfur, sodium nitrate, potassium sulfate, urea, ammonium chloride, hydrogen peroxide, compound fertilizer, nitro fertilizer, food-grade carbon dioxide, liquid ammonia, and others.
53GF Score
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