GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yiwu Huading Nylon Co Ltd (SHSE:601113) » Definitions » 3-Year ROIIC %

Yiwu Huading Nylon Co (SHSE:601113) 3-Year ROIIC % : 30.08% (As of Dec. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Yiwu Huading Nylon Co 3-Year ROIIC %?

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. Yiwu Huading Nylon Co's 3-Year ROIIC % for the quarter that ended in Dec. 2024 was 30.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Yiwu Huading Nylon Co's 3-Year ROIIC % or its related term are showing as below:

SHSE:601113's 3-Year ROIIC % is ranked better than
77.62% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.77 vs SHSE:601113: 30.08

Yiwu Huading Nylon Co 3-Year ROIIC % Historical Data

The historical data trend for Yiwu Huading Nylon Co'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.

* Premium members only.

Yiwu Huading Nylon Co 3-Year ROIIC % Chart

Yiwu Huading Nylon Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.74 31.96 58.19 30.08 -

Yiwu Huading Nylon Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 30.08 - - - -

Competitive Comparison of Yiwu Huading Nylon Co's 3-Year ROIIC %

For the Textile Manufacturing subindustry, Yiwu Huading Nylon 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.


Yiwu Huading Nylon Co's 3-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yiwu Huading Nylon Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Yiwu Huading Nylon Co's 3-Year ROIIC % falls into.


;
;

Yiwu Huading Nylon Co 3-Year ROIIC % Calculation

Yiwu Huading Nylon Co's 3-Year ROIIC % for the quarter that ended in Dec. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 525.9250194 (Dec. 2024) - -102.1066314 (Dec. 2021) )/( 3848.084 (Dec. 2024) - 4462.848 (Dec. 2021) )
=628.0316508/-614.764
=-102.16%***

* 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.


Yiwu Huading Nylon Co  (SHSE:601113) 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.


Yiwu Huading Nylon Co 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Yiwu Huading Nylon Co's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Yiwu Huading Nylon Co Business Description

Traded in Other Exchanges
N/A
Address
Number 751, Xuefeng West Road, Beiyuan Industrial Zone, Zhejiang Province, Yiwu, CHN
Yiwu Huading Nylon Co Ltd is engaged in research, development, manufacturing, and selling civil nylon filaments in China. It offers nylon 6 POY, DTY, HOY, and FDY products; coolnylon, a moisture absorbed and perspiration nylon-6 fiber; and cleannylon, an anti-bacterial nylon-6 fiber. The company's products are used for socks, cotton socks, elastic knitting coats, light-weight seamless underwear, swimsuit, sportswear, suits, denim and suit lining among others.
Executives
Yao Nai Hong Supervisors
Tan Yan Kun senior management

Yiwu Huading Nylon Co Headlines

No Headlines