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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.
Tianyang New material (Shanghai) Technology Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 2.90%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Tianyang New material (Shanghai) Technology Co (SHSE:603330) 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.
Tianyang New material (Shanghai) Technology Co 3-Year ROIIC % Related Terms
Tianyang New material (Shanghai) Technology 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.
Tianyang New material (Shanghai) Technology Co 3-Year ROIIC % Chart
Tianyang New material (Shanghai) Technology Co Annual Data
SHSE:603330 vs LIN, SHW, ECL: 3-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, Tianyang New material (Shanghai) Technology 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.
Tianyang New material (Shanghai) Technology Co 3-Year ROIIC % vs Chemicals Industry
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 14.181 (Dec. 2025) - 26.188008 (Dec. 2022) )
/
( 1545.125 (Dec. 2025) - 1959.313 (Dec. 2022) )
=
-12.007008
/
-414.188
=
2.90%***
* 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.
Tianyang New material (Shanghai) Technology Co (SHSE:603330) has a 3-Year ROIIC % of 2.90 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 Tianyang New material (Shanghai) Technology Co and its competitors. According to the industry distribution chart, Tianyang New material (Shanghai) Technology Co ranks #682 out of 1530 companies in the Chemicals industry, placing it in the top 44.6%.
Is Tianyang New material (Shanghai) Technology Co's 3-Year ROIIC % too high?
Tianyang New material (Shanghai) Technology Co's current 3-Year ROIIC % is 2.90. The Chemicals industry median 3-Year ROIIC % is 0.11. Tianyang New material (Shanghai) Technology Co's value of 2.90 is 2536.4% above this industry median. Based on the distribution chart, Tianyang New material (Shanghai) Technology Co ranks #682 out of 1530 companies in the Chemicals industry, which is above the industry midpoint. Overall, Tianyang New material (Shanghai) Technology Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tianyang New material (Shanghai) Technology Co's 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tianyang New material (Shanghai) Technology Co ranks #682 out of 1530 companies for 3-Year ROIIC %. This puts Tianyang New material (Shanghai) Technology Co in the upper half of its industry. The industry median 3-Year ROIIC % is 0.11. Tianyang New material (Shanghai) Technology Co's value of 2.90 is 2536.4% above this benchmark. 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 Chemicals company?
The median 3-Year ROIIC % among Chemicals companies is 0.11, based on 1,530 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. Tianyang New material (Shanghai) Technology Co's current 3-Year ROIIC % of 2.90 is 2536.4% 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 Tianyang New material (Shanghai) Technology Co and its competitors. For the Chemicals industry, the median 3-Year ROIIC % is 0.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianyang New material (Shanghai) Technology Co's current 3-Year ROIIC % is 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianyang New material (Shanghai) Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Tianyang New material (Shanghai) Technology Co (SHSE:603330) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.52, compared to a current price of ¥9.97 — trading 183.2% above its estimated fair value. The current 3-Year ROIIC % is 2.90 and 2536.4% above the Chemicals industry median of 0.11. Tianyang New material (Shanghai) Technology Co's overall GF Score™ is 53/100 with 6 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 Tianyang New material (Shanghai) Technology Co (SHSE:603330), the current 3-Year ROIIC % is 2.90 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 Tianyang New material (Shanghai) Technology Co (SHSE:603330) Overvalued in 2026?
Based on GuruFocus' analysis, Tianyang New material (Shanghai) Technology Co stock appears to be overvalued.
The current stock price of ¥9.97 is trading 183.2% above its estimated GF Value™ of ¥3.52.
GuruFocus considers Tianyang New material (Shanghai) Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:603330:
3-Year ROIIC %: 2.90
GF Value™: ¥3.52 vs. price of ¥9.97 (183.2% above fair value)
Industry Position: 2536.4% above the Chemicals median (#682 of 1530)
No single metric tells the full story. See the SHSE:603330 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tianyang New material (Shanghai) Technology Co Ltd is principally engaged in research and development, manufacture, and sales of thermoplastic environmental protection adhesive materials. It offers copolyester and copolyamide powders, and web, film, and PUR adhesives; adhesive tapes and EVA solar films; and hot melt adhesive particles, powders, and films. Its products are mainly applied in the fields of shoes and clothes, automotive trims, solar cell packaging, household textiles, electronics, industrial filtration, hot melt adhesive products, printing and packaging, furnishings, and coating, among others.
53GF Score
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