Fulongma Group Co (SHSE:603686) 3-Year ROIIC % : -35.98% (As of Dec. 2025)

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SHSE:603686 Fulongma Group Co Ltd SHSE:603686
77 GF Score
Price ¥12.99
GF Value ¥10.70
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Fulongma Group Co 3-Year ROIIC %?

Fulongma Group Co SHSE:603686 -0.08% 77 3-Year ROIIC % is -35.98 as of Dec. 2025. GuruFocus rates SHSE:603686 with a GF Score™ of 77/100 and a GF Value™ of ¥10.70 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,931 Industrial Products companies, Fulongma Group Co ranks worse than 84.54% on this metric.

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. Fulongma Group Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -35.98%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SHSE:603686's 3-Year ROIIC % is ranked worse than
84.54% of 2931 companies
in the Industrial Products industry
Industry Median: 3.52 vs SHSE:603686: -35.98

Fulongma Group Co  (SHSE:603686) 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.


Fulongma Group Co 3-Year ROIIC % Related Terms


Fulongma Group Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Fulongma Group 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.

Fulongma Group Co 3-Year ROIIC % Chart

Fulongma Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.41 7.03 -19.33 -21.07 -35.98

Fulongma Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 -35.98 0.00

SHSE:603686 vs VLTO, ZWS, CECO: 3-Year ROIIC % Comparison

For the Pollution & Treatment Controls subindustry, Fulongma Group 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.


Fulongma Group Co 3-Year ROIIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fulongma Group Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Fulongma Group Co's 3-Year ROIIC % falls into.


SHSE:603686
77GF Score
Fulongma Group Co Ltd SHSE:603686
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fulongma Group Co 3-Year ROIIC % Calculation

Fulongma Group 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**
=( 301.173642 (Dec. 2025) - 433.8402243 (Dec. 2022) )/( 3735.355 (Dec. 2025) - 3366.674 (Dec. 2022) )
=-132.6665823/368.681
=-35.98%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -35.98 mean?
Fulongma Group Co (SHSE:603686) has a 3-Year ROIIC % of -35.98 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 Fulongma Group Co and its competitors. According to the industry distribution chart, Fulongma Group Co ranks #2478 out of 2931 companies in the Industrial Products industry, placing it in the top 84.5%.
Is Fulongma Group Co's 3-Year ROIIC % too high?
Fulongma Group Co's current 3-Year ROIIC % is -35.98. Based on the distribution chart, Fulongma Group Co ranks #2478 out of 2931 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Fulongma Group Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fulongma Group Co's 3-Year ROIIC % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Fulongma Group Co ranks #2478 out of 2931 companies for 3-Year ROIIC %. This places Fulongma Group Co in the lower half of its industry. The industry median 3-Year ROIIC % is 3.52. 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 3.52, based on 2,931 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 Fulongma Group Co and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulongma Group Co's current 3-Year ROIIC % is -35.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulongma Group Co stock overvalued right now?
Based on GuruFocus' analysis, Fulongma Group Co (SHSE:603686) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.70, compared to a current price of ¥12.99 — trading 21.4% above its estimated fair value. The current 3-Year ROIIC % is -35.98. Fulongma Group Co's overall GF Score™ is 77/100 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 Fulongma Group Co (SHSE:603686), the current 3-Year ROIIC % is -35.98 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 Fulongma Group Co (SHSE:603686) Overvalued in 2026?

Based on GuruFocus' analysis, Fulongma Group Co stock appears to be overvalued. The current stock price of ¥12.99 is trading 21.4% above its estimated GF Value™ of ¥10.70. GuruFocus considers Fulongma Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:603686:

  • 3-Year ROIIC %: -35.98
  • GF Value™: ¥10.70 vs. price of ¥12.99 (21.4% above fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the SHSE:603686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fulongma Group Co Business Description

Address No. 42, Longteng South Road, Donghua Community, Dongxiao Town, Xinluo District, Fujian Province, Longyan, CHN, 364028
Fulongma Group Co Ltd supplies Chinese professionalization environmental sanitation equipment. The company is engaged in the research and development, production, selling, and services of the specialized cleaning vehicle, garbage, collecting and transporting vehicle and other equipment that are mainly used in the environmental sanitation department, municipal works, and road cleaning. Some of its products are Sweeping and Clean-keeping series, Garbage collection, and others.
77GF Score

Get the complete analysis for SHSE:603686

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥12.99
Price
¥10.70
GF Value