Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 Tongji Science & Technology Industrial Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -5.93%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
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 Tongji Science & Technology Industrial Co 3-Year ROIIC % Related Terms
Shanghai Tongji Science & Technology Industrial 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:600846 vs PWR, FIX, EME: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, Shanghai Tongji Science & Technology Industrial 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.
Shanghai Tongji Science & Technology Industrial Co 3-Year ROIIC % vs Construction Industry
* 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 Tongji Science & Technology Industrial Co (SHSE:600846) has a 3-Year ROIIC % of -5.93 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 Tongji Science & Technology Industrial Co and its competitors. According to the industry distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #1194 out of 1694 companies in the Construction industry, placing it in the top 70.5%.
Is Shanghai Tongji Science & Technology Industrial Co's 3-Year ROIIC % too high?
Shanghai Tongji Science & Technology Industrial Co's current 3-Year ROIIC % is -5.93. Based on the distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #1194 out of 1694 companies in the Construction industry, which is below the industry midpoint. Overall, Shanghai Tongji Science & Technology Industrial Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Tongji Science & Technology Industrial Co's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #1194 out of 1694 companies for 3-Year ROIIC %. This places Shanghai Tongji Science & Technology Industrial Co in the lower half of its industry. The industry median 3-Year ROIIC % is 4.47. 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.47, based on 1,694 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 Shanghai Tongji Science & Technology Industrial Co and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Tongji Science & Technology Industrial Co's current 3-Year ROIIC % is -5.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Tongji Science & Technology Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.88, compared to a current price of ¥12.52 — trading 26.7% above its estimated fair value. The current 3-Year ROIIC % is -5.93. Shanghai Tongji Science & Technology Industrial Co's overall GF Score™ is 61/100 with 7 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 Tongji Science & Technology Industrial Co (SHSE:600846), the current 3-Year ROIIC % is -5.93 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 Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Tongji Science & Technology Industrial Co stock appears to be overvalued.
The current stock price of ¥12.52 is trading 26.7% above its estimated GF Value™ of ¥9.88.
GuruFocus considers Shanghai Tongji Science & Technology Industrial Co to be Modestly Overvalued.
Key valuation signals for SHSE:600846:
3-Year ROIIC %: -5.93
GF Value™: ¥9.88 vs. price of ¥12.52 (26.7% above fair value)
No single metric tells the full story. See the SHSE:600846 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Tongji Science & Technology Industrial Co Ltd is engaged in Engineering construction and consulting services, science park value-added services and base operation and management, environmental engineering technology services and investment operation, real estate development business.
61GF Score
Get the complete analysis for SHSE:600846
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600846 has been successfully added to your 
