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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.
Asia Cuanon Technology (Shanghai) Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 137.03%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Asia Cuanon Technology (Shanghai) Co (SHSE:603378) 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.
Asia Cuanon Technology (Shanghai) Co 3-Year ROIIC % Related Terms
Asia Cuanon Technology (Shanghai) 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.
Asia Cuanon Technology (Shanghai) Co 3-Year ROIIC % Chart
SHSE:603378 vs LIN, SHW, ECL: 3-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, Asia Cuanon Technology (Shanghai) 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.
Asia Cuanon Technology (Shanghai) Co 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asia Cuanon Technology (Shanghai) Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Asia Cuanon Technology (Shanghai) Co's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -257.106 (Dec. 2025) - 327.856 (Dec. 2022) )
/
( 4825.944 (Dec. 2025) - 5252.815 (Dec. 2022) )
=
-584.962
/
-426.871
=
137.03%***
* 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.
Asia Cuanon Technology (Shanghai) Co (SHSE:603378) has a 3-Year ROIIC % of 137.03 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 Asia Cuanon Technology (Shanghai) Co and its competitors. This is 5071% above median its historical median of 2.65. According to the industry distribution chart, Asia Cuanon Technology (Shanghai) Co ranks #87 out of 1531 companies in the Chemicals industry, placing it in the top 5.7%.
Is Asia Cuanon Technology (Shanghai) Co's 3-Year ROIIC % too high?
Asia Cuanon Technology (Shanghai) Co's current 3-Year ROIIC % of 137.03 is 5071% above median its 10-year median of 2.65. The Chemicals industry median 3-Year ROIIC % is 0.03. Asia Cuanon Technology (Shanghai) Co's value of 137.03 is 456666.7% above this industry median. Based on the distribution chart, Asia Cuanon Technology (Shanghai) Co ranks #87 out of 1531 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Asia Cuanon Technology (Shanghai) Co has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Cuanon Technology (Shanghai) Co's 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asia Cuanon Technology (Shanghai) Co ranks #87 out of 1531 companies for 3-Year ROIIC %. This places Asia Cuanon Technology (Shanghai) Co in the top 6% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 0.03. Asia Cuanon Technology (Shanghai) Co's value of 137.03 is 456666.7% above this benchmark. While the company's 10-year median is 2.65 vs. the industry median of 0.03, Asia Cuanon Technology (Shanghai) 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 Chemicals company?
The median 3-Year ROIIC % among Chemicals companies is 0.03, based on 1,531 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. Asia Cuanon Technology (Shanghai) Co's current 3-Year ROIIC % of 137.03 is 456666.7% 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 Asia Cuanon Technology (Shanghai) Co and its competitors. For the Chemicals industry, the median 3-Year ROIIC % is 0.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Cuanon Technology (Shanghai) Co's current 3-Year ROIIC % is 137.03, which is 5071% above median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Cuanon Technology (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Cuanon Technology (Shanghai) Co (SHSE:603378) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.17, compared to a current price of ¥6.54 — trading 459% above its estimated fair value. The current 3-Year ROIIC % is 137.03, which is 5071% above median its 10-year median of 2.65 and 456666.7% above the Chemicals industry median of 0.03. Asia Cuanon Technology (Shanghai) Co's overall GF Score™ is 33/100 with 11 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 Asia Cuanon Technology (Shanghai) Co (SHSE:603378), the current 3-Year ROIIC % is 137.03 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 Asia Cuanon Technology (Shanghai) Co (SHSE:603378) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Cuanon Technology (Shanghai) Co stock appears to be overvalued.
The current stock price of ¥6.54 is trading 459% above its estimated GF Value™ of ¥1.17.
GuruFocus considers Asia Cuanon Technology (Shanghai) Co to be Significantly Overvalued.
Key valuation signals for SHSE:603378:
3-Year ROIIC %: 137.03 (5071% above median its 10-year median of 2.65)
GF Value™: ¥1.17 vs. price of ¥6.54 (459% above fair value)
Industry Position: 456666.7% above the Chemicals median (#87 of 1531)
No single metric tells the full story. See the SHSE:603378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Cuanon Technology (Shanghai) Co Ltd is engaged in research and development, manufacturing and service of functional architectural coatings, thermal insulation decorative panels, fireproof and thermal insulation materials. The company's products are widely used in real estate, residential community, hotel/office, and public construction projects.
33GF Score
Get the complete analysis for SHSE:603378
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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