Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Neway Valve (Suzhou) CoSHSE:603699 -0.32%88 3-Year ROIIC % is 308.52 as of Dec. 2025, which is 826% above its 10-year median of 33.31. GuruFocus rates SHSE:603699 with a GF Score™ of 88/100 and a GF Value™ of ¥35.40 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,931 Industrial Products companies, Neway Valve (Suzhou) Co ranks better than 97.3% 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.
Neway Valve (Suzhou) Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 308.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Neway Valve (Suzhou) Co's 3-Year ROIIC % or its related term are showing as below:
SHSE:603699's 3-Year ROIIC % is ranked better than 97.3% of 2931
companies
in the Industrial Products industry
Industry Median: 3.5
vs SHSE:603699: 308.52
Neway Valve (Suzhou) Co (SHSE:603699) 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.
Neway Valve (Suzhou) Co 3-Year ROIIC % Related Terms
Neway Valve (Suzhou) 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.
SHSE:603699 vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Neway Valve (Suzhou) Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co (SHSE:603699) has a 3-Year ROIIC % of 308.52 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 Neway Valve (Suzhou) Co and its competitors. This is 826% above median its historical median of 33.31. According to the industry distribution chart, Neway Valve (Suzhou) Co ranks #79 out of 2931 companies in the Industrial Products industry, placing it in the top 2.7%.
Is Neway Valve (Suzhou) Co's 3-Year ROIIC % too high?
Neway Valve (Suzhou) Co's current 3-Year ROIIC % of 308.52 is 826% above median its 10-year median of 33.31. The Industrial Products industry median 3-Year ROIIC % is 3.50. Neway Valve (Suzhou) Co's value of 308.52 is 8714.9% above this industry median. Based on the distribution chart, Neway Valve (Suzhou) Co ranks #79 out of 2931 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Neway Valve (Suzhou) Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neway Valve (Suzhou) Co's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Neway Valve (Suzhou) Co ranks #79 out of 2931 companies for 3-Year ROIIC %. This places Neway Valve (Suzhou) Co in the top 3% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.50. Neway Valve (Suzhou) Co's value of 308.52 is 8714.9% above this benchmark. While the company's 10-year median is 33.31 vs. the industry median of 3.50, Neway Valve (Suzhou) 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 Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.50, 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. Neway Valve (Suzhou) Co's current 3-Year ROIIC % of 308.52 is 8714.9% 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 Neway Valve (Suzhou) Co and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neway Valve (Suzhou) Co's current 3-Year ROIIC % is 308.52, which is 826% above median its own 10-year median of 33.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neway Valve (Suzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co (SHSE:603699) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥35.40, compared to a current price of ¥52.75 — trading 49% above its estimated fair value. The current 3-Year ROIIC % is 308.52, which is 826% above median its 10-year median of 33.31 and 8714.9% above the Industrial Products industry median of 3.50. Neway Valve (Suzhou) Co's overall GF Score™ is 88/100 with 2 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 Neway Valve (Suzhou) Co (SHSE:603699), the current 3-Year ROIIC % is 308.52 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 Neway Valve (Suzhou) Co (SHSE:603699) Overvalued in 2026?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co stock appears to be overvalued.
The current stock price of ¥52.75 is trading 49% above its estimated GF Value™ of ¥35.40.
GuruFocus considers Neway Valve (Suzhou) Co to be Significantly Overvalued.
Key valuation signals for SHSE:603699:
3-Year ROIIC %: 308.52 (826% above median its 10-year median of 33.31)
GF Value™: ¥35.40 vs. price of ¥52.75 (49% above fair value)
Industry Position: 8714.9% above the Industrial Products median (#79 of 2931)
No single metric tells the full story. See the SHSE:603699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neway Valve (Suzhou) Co Ltd is a manufacturer and exporter of industrial valves. Its main products include Gate valve, globe valve, check valve, Cast steel valves, API602 forged steel valves, API603 stainless steel valves, Cryogenic Valves, Bellows Valves, Floating ball - Steel. Geographically it operates through China, however its business presence is also seen internationally.
88GF Score
Get the complete analysis for SHSE:603699
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603699 has been successfully added to your 
