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What is Jiangsu New Energy Development Co 3-Year ROIIC %?
Jiangsu New Energy Development CoSHSE:603693 +0.18%77 3-Year ROIIC % is 6.72 as of Dec. 2025, which is 3% above its 10-year median of 6.54. GuruFocus rates SHSE:603693 with a GF Score™ of 77/100 and a GF Value™ of ¥11.77 (Fairly Valued). The stock has 7 warning signs investors should review. Among 393 Utilities - Independent Power Producers companies, Jiangsu New Energy Development Co ranks better than 65.65% 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.
Jiangsu New Energy Development Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 6.72%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
SHSE:603693's 3-Year ROIIC % is ranked better than 65.65% of 393
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.38
vs SHSE:603693: 6.72
Jiangsu New Energy Development Co (SHSE:603693) 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.
Jiangsu New Energy Development Co 3-Year ROIIC % Related Terms
Jiangsu New Energy Development 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.
Jiangsu New Energy Development Co 3-Year ROIIC % Chart
Jiangsu New Energy Development Co 3-Year ROIIC % Competitor Comparison
For the Utilities - Renewable subindustry, Jiangsu New Energy Development 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.
Jiangsu New Energy Development Co 3-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Jiangsu New Energy Development Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Jiangsu New Energy Development Co's 3-Year ROIIC % falls into.
* 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.
Jiangsu New Energy Development Co (SHSE:603693) has a 3-Year ROIIC % of 6.72 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 Jiangsu New Energy Development Co and its competitors. This is near median its historical median of 6.54. According to the industry distribution chart, Jiangsu New Energy Development Co ranks #135 out of 393 companies in the Utilities - Independent Power Producers industry, placing it in the top 34.4%.
Is Jiangsu New Energy Development Co's 3-Year ROIIC % too high?
Jiangsu New Energy Development Co's current 3-Year ROIIC % of 6.72 is near median its 10-year median of 6.54. The Utilities - Independent Power Producers industry median 3-Year ROIIC % is 1.38. Jiangsu New Energy Development Co's value of 6.72 is 387% above this industry median. Based on the distribution chart, Jiangsu New Energy Development Co ranks #135 out of 393 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Jiangsu New Energy Development Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu New Energy Development Co's 3-Year ROIIC % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Jiangsu New Energy Development Co ranks #135 out of 393 companies for 3-Year ROIIC %. This puts Jiangsu New Energy Development Co in the upper half of its industry. The industry median 3-Year ROIIC % is 1.38. Jiangsu New Energy Development Co's value of 6.72 is 387% above this benchmark. While the company's 10-year median is 6.54 vs. the industry median of 1.38, Jiangsu New Energy Development 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 an Utilities - Independent Power Producers company?
The median 3-Year ROIIC % among Utilities - Independent Power Producers companies is 1.38, based on 393 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. Jiangsu New Energy Development Co's current 3-Year ROIIC % of 6.72 is 387% 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 Jiangsu New Energy Development Co and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu New Energy Development Co's current 3-Year ROIIC % is 6.72, which is near median its own 10-year median of 6.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu New Energy Development Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu New Energy Development Co (SHSE:603693) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.77, compared to a current price of ¥11.23 — trading 4.6% below its estimated fair value. The current 3-Year ROIIC % is 6.72, which is near median its 10-year median of 6.54 and 387% above the Utilities - Independent Power Producers industry median of 1.38. Jiangsu New Energy Development Co's overall GF Score™ is 77/100 with 7 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 Jiangsu New Energy Development Co (SHSE:603693), the current 3-Year ROIIC % is 6.72 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 Jiangsu New Energy Development Co (SHSE:603693) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu New Energy Development Co stock appears to be undervalued.
The current stock price of ¥11.23 is trading 4.6% below its estimated GF Value™ of ¥11.77.
GuruFocus considers Jiangsu New Energy Development Co to be Fairly Valued.
Key valuation signals for SHSE:603693:
3-Year ROIIC %: 6.72 (near median its 10-year median of 6.54)
GF Value™: ¥11.77 vs. price of ¥11.23 (4.6% below fair value)
Industry Position: 387% above the Utilities - Independent Power Producers median (#135 of 393)
No single metric tells the full story. See the SHSE:603693 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu New Energy Development Co Ltd operates in the energy industry. It is engaged in the development of wind energy, solar energy, and biomass energy projects. The company is also engaged in the design and manufacture of high-power offshore wind turbines, offshore engineering equipment, and sales of ancillary products.
77GF Score
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