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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.
Shaanxi Construction Machinery Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 41.43%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
SHSE:600984's 3-Year ROIIC % is ranked better than 82.23% of 1013
companies
in the Business Services industry
Industry Median: 5.19
vs SHSE:600984: 41.43
Shaanxi Construction Machinery Co (SHSE:600984) 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.
Shaanxi Construction Machinery Co 3-Year ROIIC % Related Terms
Shaanxi Construction Machinery 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.
Shaanxi Construction Machinery Co 3-Year ROIIC % Chart
SHSE:600984 vs URI, SUNB, AER: 3-Year ROIIC % Comparison
For the Rental & Leasing Services subindustry, Shaanxi Construction Machinery 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.
Shaanxi Construction Machinery Co 3-Year ROIIC % vs Business Services Industry
For the Business Services industry and Industrials sector, Shaanxi Construction Machinery Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shaanxi Construction Machinery Co's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -752.537 (Dec. 2025) - 379.466 (Dec. 2022) )
/
( 11846.07 (Dec. 2025) - 14578.255 (Dec. 2022) )
=
-1132.003
/
-2732.185
=
41.43%***
* 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.
Shaanxi Construction Machinery Co (SHSE:600984) has a 3-Year ROIIC % of 41.43 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 Shaanxi Construction Machinery Co and its competitors. This is 544% above median its historical median of 6.43. According to the industry distribution chart, Shaanxi Construction Machinery Co ranks #180 out of 1013 companies in the Business Services industry, placing it in the top 17.8%.
Is Shaanxi Construction Machinery Co's 3-Year ROIIC % too high?
Shaanxi Construction Machinery Co's current 3-Year ROIIC % of 41.43 is 544% above median its 10-year median of 6.43. The Business Services industry median 3-Year ROIIC % is 5.19. Shaanxi Construction Machinery Co's value of 41.43 is 698.3% above this industry median. Based on the distribution chart, Shaanxi Construction Machinery Co ranks #180 out of 1013 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Shaanxi Construction Machinery Co has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Construction Machinery Co's 3-Year ROIIC % compare to URI and SUNB?
According to the Business Services industry distribution chart, Shaanxi Construction Machinery Co ranks #180 out of 1013 companies for 3-Year ROIIC %. This places Shaanxi Construction Machinery Co in the top 18% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.19. Shaanxi Construction Machinery Co's value of 41.43 is 698.3% above this benchmark. While the company's 10-year median is 6.43 vs. the industry median of 5.19, Shaanxi Construction Machinery 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 Business Services company?
The median 3-Year ROIIC % among Business Services companies is 5.19, based on 1,013 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. Shaanxi Construction Machinery Co's current 3-Year ROIIC % of 41.43 is 698.3% 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 Shaanxi Construction Machinery Co and its competitors. For the Business Services industry, the median 3-Year ROIIC % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Construction Machinery Co's current 3-Year ROIIC % is 41.43, which is 544% above median its own 10-year median of 6.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Construction Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Shaanxi Construction Machinery Co (SHSE:600984) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥3.41, compared to a current price of ¥4.11 — trading 20.5% above its estimated fair value. The current 3-Year ROIIC % is 41.43, which is 544% above median its 10-year median of 6.43 and 698.3% above the Business Services industry median of 5.19. Shaanxi Construction Machinery Co's overall GF Score™ is 50/100 with 5 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 Shaanxi Construction Machinery Co (SHSE:600984), the current 3-Year ROIIC % is 41.43 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 Shaanxi Construction Machinery Co (SHSE:600984) Overvalued in 2026?
Based on GuruFocus' analysis, Shaanxi Construction Machinery Co stock appears to be overvalued.
The current stock price of ¥4.11 is trading 20.5% above its estimated GF Value™ of ¥3.41.
GuruFocus considers Shaanxi Construction Machinery Co to be Modestly Overvalued.
Key valuation signals for SHSE:600984:
3-Year ROIIC %: 41.43 (544% above median its 10-year median of 6.43)
GF Value™: ¥3.41 vs. price of ¥4.11 (20.5% above fair value)
Industry Position: 698.3% above the Business Services median (#180 of 1013)
No single metric tells the full story. See the SHSE:600984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shaanxi Construction Machinery Co Ltd in China is mainly engaged in the research, development, manufacturing, and sales of road construction machinery and large steel structure products. It is primarily involved in the activities of building lease, road machinery, pile machinery, steel structure, road construction and others. Geographically, it operates through the china.
50GF Score
Get the complete analysis for SHSE:600984
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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