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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.
Hangzhou Cable Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -34.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hangzhou Cable Co's 3-Year ROIIC % or its related term are showing as below:
SHSE:603618's 3-Year ROIIC % is ranked worse than 84.29% of 2934
companies
in the Industrial Products industry
Industry Median: 3.51
vs SHSE:603618: -34.99
Hangzhou Cable Co (SHSE:603618) 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.
Hangzhou Cable Co 3-Year ROIIC % Related Terms
Hangzhou Cable Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Hangzhou Cable 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.
For the Electrical Equipment & Parts subindustry, Hangzhou Cable 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.
Hangzhou Cable Co 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hangzhou Cable Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hangzhou Cable Co's 3-Year ROIIC % falls into.
Hangzhou Cable Co'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**
=
( 253.851 (Dec. 2025) - 473.5803152 (Dec. 2022) )
/
( 7682.995 (Dec. 2025) - 7055.096 (Dec. 2022) )
=
-219.7293152
/
627.899
=
-34.99%***
* 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.
Hangzhou Cable Co (SHSE:603618) has a 3-Year ROIIC % of -34.99 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 Hangzhou Cable Co and its competitors. According to the industry distribution chart, Hangzhou Cable Co ranks #2473 out of 2934 companies in the Industrial Products industry, placing it in the top 84.3%.
Is Hangzhou Cable Co's 3-Year ROIIC % too high?
Hangzhou Cable Co's current 3-Year ROIIC % is -34.99. Based on the distribution chart, Hangzhou Cable Co ranks #2473 out of 2934 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hangzhou Cable Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Cable Co's 3-Year ROIIC % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hangzhou Cable Co ranks #2473 out of 2934 companies for 3-Year ROIIC %. This places Hangzhou Cable Co in the lower half of its industry. The industry median 3-Year ROIIC % is 3.51. 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.51, based on 2,934 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. 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 Hangzhou Cable Co and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Cable Co's current 3-Year ROIIC % is -34.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Cable Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Cable Co (SHSE:603618) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.75, compared to a current price of ¥39.25 — trading 406.5% above its estimated fair value. The current 3-Year ROIIC % is -34.99. Hangzhou Cable Co's overall GF Score™ is 51/100 with 4 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 Hangzhou Cable Co (SHSE:603618), the current 3-Year ROIIC % is -34.99 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 Hangzhou Cable Co (SHSE:603618) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Cable Co stock appears to be overvalued.
The current stock price of ¥39.25 is trading 406.5% above its estimated GF Value™ of ¥7.75.
GuruFocus considers Hangzhou Cable Co to be Significantly Overvalued.
Key valuation signals for SHSE:603618:
3-Year ROIIC %: -34.99
GF Value™: ¥7.75 vs. price of ¥39.25 (406.5% above fair value)
No single metric tells the full story. See the SHSE:603618 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Cable Co Ltd engaged in the research and development, manufacturing and sale of wire and cable. The Company researches develop, produces and markets EHV cables, plastic wire, rubber cable and aerial cable, Aluminium alloy, Power cable, Rubber sleeve cable, Overhead wire, Mining cable and Control cable.
51GF Score
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