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Shenzhen Kingdom Sci-tech CoSHSE:600446 -3.43%54 3-Year ROIIC % is 90.82 as of Dec. 2025, which is 374% above its 10-year median of 19.18. GuruFocus rates SHSE:600446 with a GF Score™ of 54/100 and a GF Value™ of ¥6.03 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,624 Software companies, Shenzhen Kingdom Sci-tech Co ranks better than 87.92% 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.
Shenzhen Kingdom Sci-tech Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 90.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
SHSE:600446's 3-Year ROIIC % is ranked better than 87.92% of 2624
companies
in the Software industry
Industry Median: 5.335
vs SHSE:600446: 90.82
Shenzhen Kingdom Sci-tech Co (SHSE:600446) 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.
Shenzhen Kingdom Sci-tech Co 3-Year ROIIC % Related Terms
Shenzhen Kingdom Sci-tech 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:600446 vs UBER, SHOP, CRM: 3-Year ROIIC % Comparison
For the Software - Application subindustry, Shenzhen Kingdom Sci-tech 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.
Shenzhen Kingdom Sci-tech Co 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Shenzhen Kingdom Sci-tech Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shenzhen Kingdom Sci-tech Co's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -57.905 (Dec. 2025) - 251.717605 (Dec. 2022) )
/
( 3198.588 (Dec. 2025) - 3539.5 (Dec. 2022) )
=
-309.622605
/
-340.912
=
90.82%***
* 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.
Shenzhen Kingdom Sci-tech Co (SHSE:600446) has a 3-Year ROIIC % of 90.82 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 Shenzhen Kingdom Sci-tech Co and its competitors. This is 374% above median its historical median of 19.18. According to the industry distribution chart, Shenzhen Kingdom Sci-tech Co ranks #317 out of 2624 companies in the Software industry, placing it in the top 12.1%.
Is Shenzhen Kingdom Sci-tech Co's 3-Year ROIIC % too high?
Shenzhen Kingdom Sci-tech Co's current 3-Year ROIIC % of 90.82 is 374% above median its 10-year median of 19.18. The Software industry median 3-Year ROIIC % is 5.34. Shenzhen Kingdom Sci-tech Co's value of 90.82 is 1602.3% above this industry median. Based on the distribution chart, Shenzhen Kingdom Sci-tech Co ranks #317 out of 2624 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Kingdom Sci-tech Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Kingdom Sci-tech Co's 3-Year ROIIC % compare to UBER and SHOP?
According to the Software industry distribution chart, Shenzhen Kingdom Sci-tech Co ranks #317 out of 2624 companies for 3-Year ROIIC %. This places Shenzhen Kingdom Sci-tech Co in the top 12% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.34. Shenzhen Kingdom Sci-tech Co's value of 90.82 is 1602.3% above this benchmark. While the company's 10-year median is 19.18 vs. the industry median of 5.34, Shenzhen Kingdom Sci-tech Co has consistently been above the industry average. 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 Software company?
The median 3-Year ROIIC % among Software companies is 5.34, based on 2,624 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. Shenzhen Kingdom Sci-tech Co's current 3-Year ROIIC % of 90.82 is 1602.3% 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 Shenzhen Kingdom Sci-tech Co and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Kingdom Sci-tech Co's current 3-Year ROIIC % is 90.82, which is 374% above median its own 10-year median of 19.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Kingdom Sci-tech Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Kingdom Sci-tech Co (SHSE:600446) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.03, compared to a current price of ¥9.85 — trading 63.3% above its estimated fair value. The current 3-Year ROIIC % is 90.82, which is 374% above median its 10-year median of 19.18 and 1602.3% above the Software industry median of 5.34. Shenzhen Kingdom Sci-tech Co's overall GF Score™ is 54/100 with 1 warning sign 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 Shenzhen Kingdom Sci-tech Co (SHSE:600446), the current 3-Year ROIIC % is 90.82 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 Shenzhen Kingdom Sci-tech Co (SHSE:600446) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Kingdom Sci-tech Co stock appears to be overvalued.
The current stock price of ¥9.85 is trading 63.3% above its estimated GF Value™ of ¥6.03.
GuruFocus considers Shenzhen Kingdom Sci-tech Co to be Significantly Overvalued.
Key valuation signals for SHSE:600446:
3-Year ROIIC %: 90.82 (374% above median its 10-year median of 19.18)
GF Value™: ¥6.03 vs. price of ¥9.85 (63.3% above fair value)
Industry Position: 1602.3% above the Software median (#317 of 2624)
No single metric tells the full story. See the SHSE:600446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Kingdom Sci-tech Co Ltd operates as a financial technology company in China. It offers software in the fields of securities, funds, banking, futures, insurance, trust, integrated finance, and regulatory agencies.
54GF Score
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