Xi'an Manareco New Materials Co (SHSE:688550) 3-Year ROIIC % : 46.52% (As of Dec. 2025) — 114% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:688550 Xi'an Manareco New Materials Co Ltd SHSE:688550
83 GF Score
Price ¥38.44
GF Value ¥35.06
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Xi'an Manareco New Materials Co 3-Year ROIIC %?

Xi'an Manareco New Materials Co SHSE:688550 +0.71% 83 3-Year ROIIC % is 46.52 as of Dec. 2025, which is 114% above its 10-year median of 21.74. GuruFocus rates SHSE:688550 with a GF Score™ of 83/100 and a GF Value™ of ¥35.06 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,528 Chemicals companies, Xi'an Manareco New Materials Co ranks better than 86.91% 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. Xi'an Manareco New Materials Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 46.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Xi'an Manareco New Materials Co's 3-Year ROIIC % or its related term are showing as below:

SHSE:688550's 3-Year ROIIC % is ranked better than
86.91% of 1528 companies
in the Chemicals industry
Industry Median: 0.07 vs SHSE:688550: 46.52

Xi'an Manareco New Materials Co  (SHSE:688550) 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.


Xi'an Manareco New Materials Co 3-Year ROIIC % Related Terms


Xi'an Manareco New Materials Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Xi'an Manareco New Materials 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.

Xi'an Manareco New Materials Co 3-Year ROIIC % Chart

Xi'an Manareco New Materials 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 15.08 4.79 -8.51 6.80 46.52

Xi'an Manareco New Materials 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 46.52 0.00

SHSE:688550 vs LIN, SHW, ECL: 3-Year ROIIC % Comparison

For the Specialty Chemicals subindustry, Xi'an Manareco New Materials 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.


Xi'an Manareco New Materials Co 3-Year ROIIC % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xi'an Manareco New Materials Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Xi'an Manareco New Materials Co's 3-Year ROIIC % falls into.


SHSE:688550
83GF Score
Xi'an Manareco New Materials Co Ltd SHSE:688550
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xi'an Manareco New Materials Co 3-Year ROIIC % Calculation

Xi'an Manareco New Materials 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**
=( 310.10564 (Dec. 2025) - 232.5922456 (Dec. 2022) )/( 2212.066 (Dec. 2025) - 2045.451 (Dec. 2022) )
=77.5133944/166.615
=46.52%***

* 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 46.52 mean?
Xi'an Manareco New Materials Co (SHSE:688550) has a 3-Year ROIIC % of 46.52 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 Xi'an Manareco New Materials Co and its competitors. This is 114% above median its historical median of 21.74. According to the industry distribution chart, Xi'an Manareco New Materials Co ranks #200 out of 1528 companies in the Chemicals industry, placing it in the top 13.1%.
Is Xi'an Manareco New Materials Co's 3-Year ROIIC % too high?
Xi'an Manareco New Materials Co's current 3-Year ROIIC % of 46.52 is 114% above median its 10-year median of 21.74. The Chemicals industry median 3-Year ROIIC % is 0.07. Xi'an Manareco New Materials Co's value of 46.52 is 66357.1% above this industry median. Based on the distribution chart, Xi'an Manareco New Materials Co ranks #200 out of 1528 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Xi'an Manareco New Materials Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xi'an Manareco New Materials Co's 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Xi'an Manareco New Materials Co ranks #200 out of 1528 companies for 3-Year ROIIC %. This places Xi'an Manareco New Materials Co in the top 13% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 0.07. Xi'an Manareco New Materials Co's value of 46.52 is 66357.1% above this benchmark. While the company's 10-year median is 21.74 vs. the industry median of 0.07, Xi'an Manareco New Materials 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 0.07, based on 1,528 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. Xi'an Manareco New Materials Co's current 3-Year ROIIC % of 46.52 is 66357.1% 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 Xi'an Manareco New Materials Co and its competitors. For the Chemicals industry, the median 3-Year ROIIC % is 0.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xi'an Manareco New Materials Co's current 3-Year ROIIC % is 46.52, which is 114% above median its own 10-year median of 21.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xi'an Manareco New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Xi'an Manareco New Materials Co (SHSE:688550) is currently considered Fairly Valued. The stock's GF Value™ is ¥35.06, compared to a current price of ¥38.44 — trading 9.6% above its estimated fair value. The current 3-Year ROIIC % is 46.52, which is 114% above median its 10-year median of 21.74 and 66357.1% above the Chemicals industry median of 0.07. Xi'an Manareco New Materials Co's overall GF Score™ is 83/100 with 1 warning sign 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 Xi'an Manareco New Materials Co (SHSE:688550), the current 3-Year ROIIC % is 46.52 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 Xi'an Manareco New Materials Co (SHSE:688550) Overvalued in 2026?

Based on GuruFocus' analysis, Xi'an Manareco New Materials Co stock appears to be overvalued. The current stock price of ¥38.44 is trading 9.6% above its estimated GF Value™ of ¥35.06. GuruFocus considers Xi'an Manareco New Materials Co to be Fairly Valued.

Key valuation signals for SHSE:688550:

  • 3-Year ROIIC %: 46.52 (114% above median its 10-year median of 21.74)
  • GF Value™: ¥35.06 vs. price of ¥38.44 (9.6% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 66357.1% above the Chemicals median (#200 of 1528)

No single metric tells the full story. See the SHSE:688550 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xi'an Manareco New Materials Co Business Description

Address No. 71, Jinye 2nd Road, High-tech Zone, Shaanxi Province, Xi\'an, CHN, 710077
Xi'an Manareco New Materials Co Ltd is engaged in production and sales of special organic new materials involving in liquid crystal singles, OLED materials and pharmaceutical intermediates, which will be applied to LC mixtures, OLED final materials, and APIs. The company's products include Liquid Crystal Intermediates; OLED; Pharmaceutical Intermediates; and Other Organic Fine Chemicals.
83GF Score

Get the complete analysis for SHSE:688550

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

¥38.44
Price
¥35.06
GF Value