CETC Chips Technology (SHSE:600877) 3-Year ROIIC % : -36.86% (As of Dec. 2025)

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SHSE:600877 CETC Chips Technology Inc SHSE:600877
67 GF Score
Price ¥12.13
GF Value ¥9.51
Valuation Modestly Overvalued
! 3 Warning Signs
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What is CETC Chips Technology 3-Year ROIIC %?

CETC Chips Technology SHSE:600877 +1.51% 67 3-Year ROIIC % is -36.86 as of Dec. 2025. GuruFocus rates SHSE:600877 with a GF Score™ of 67/100 and a GF Value™ of ¥9.51 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 995 Semiconductors companies, CETC Chips Technology ranks worse than 79.1% 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. CETC Chips Technology's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -36.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for CETC Chips Technology's 3-Year ROIIC % or its related term are showing as below:

SHSE:600877's 3-Year ROIIC % is ranked worse than
79.1% of 995 companies
in the Semiconductors industry
Industry Median: -0.2 vs SHSE:600877: -36.86

CETC Chips Technology  (SHSE:600877) 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.


CETC Chips Technology 3-Year ROIIC % Related Terms


CETC Chips Technology 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for CETC Chips Technology'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.

CETC Chips Technology 3-Year ROIIC % Chart

CETC Chips Technology 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 17.21 14.32 -0.89 -23.83 -36.86

CETC Chips Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 -36.86 0.00

SHSE:600877 vs NVDA, AVGO, MU: 3-Year ROIIC % Comparison

For the Semiconductors subindustry, CETC Chips Technology'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.


CETC Chips Technology 3-Year ROIIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, CETC Chips Technology's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where CETC Chips Technology's 3-Year ROIIC % falls into.


SHSE:600877
67GF Score
CETC Chips Technology Inc SHSE:600877
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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CETC Chips Technology 3-Year ROIIC % Calculation

CETC Chips Technology'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**
=( 105.2993088 (Dec. 2025) - 246.075747 (Dec. 2022) )/( 1781.476 (Dec. 2025) - 1399.575 (Dec. 2022) )
=-140.7764382/381.901
=-36.86%***

* 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 -36.86 mean?
CETC Chips Technology (SHSE:600877) has a 3-Year ROIIC % of -36.86 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 CETC Chips Technology and its competitors. According to the industry distribution chart, CETC Chips Technology ranks #787 out of 995 companies in the Semiconductors industry, placing it in the top 79.1%.
Is CETC Chips Technology's 3-Year ROIIC % too high?
CETC Chips Technology's current 3-Year ROIIC % is -36.86. Based on the distribution chart, CETC Chips Technology ranks #787 out of 995 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, CETC Chips Technology has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CETC Chips Technology's 3-Year ROIIC % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, CETC Chips Technology ranks #787 out of 995 companies for 3-Year ROIIC %. This places CETC Chips Technology 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 a Semiconductors company?
A good 3-Year ROIIC % depends on the Semiconductors 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 CETC Chips Technology and its competitors. CETC Chips Technology's current 3-Year ROIIC % is -36.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CETC Chips Technology stock overvalued right now?
Based on GuruFocus' analysis, CETC Chips Technology (SHSE:600877) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.51, compared to a current price of ¥12.13 — trading 27.5% above its estimated fair value. The current 3-Year ROIIC % is -36.86. CETC Chips Technology's overall GF Score™ is 67/100 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 CETC Chips Technology (SHSE:600877), the current 3-Year ROIIC % is -36.86 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 CETC Chips Technology (SHSE:600877) Overvalued in 2026?

Based on GuruFocus' analysis, CETC Chips Technology stock appears to be overvalued. The current stock price of ¥12.13 is trading 27.5% above its estimated GF Value™ of ¥9.51. GuruFocus considers CETC Chips Technology to be Modestly Overvalued.

Key valuation signals for SHSE:600877:

  • 3-Year ROIIC %: -36.86
  • GF Value™: ¥9.51 vs. price of ¥12.13 (27.5% above fair value)
  • GF Score™: 67/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CETC Chips Technology Business Description

Address No. 111, Yongjia Avenue, Biquan Street, Bishan District, Chongqing, CHN, 401331
CETC Chips Technology Inc is engaged in the design, research and development, manufacture, testing and sales of silicon-based analog semiconductor chips and their application products.
67GF Score

Get the complete analysis for SHSE:600877

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

¥12.13
Price
¥9.51
GF Value