GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Xinyi Solar Holdings Ltd (STU:13X) » Definitions » 3-Year ROIIC %

Xinyi Solar Holdings (STU:13X) 3-Year ROIIC % : 0.18% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Xinyi Solar Holdings 3-Year ROIIC %?

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. Xinyi Solar Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 0.18%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Xinyi Solar Holdings's 3-Year ROIIC % or its related term are showing as below:

STU:13X's 3-Year ROIIC % is ranked worse than
51.4% of 967 companies
in the Semiconductors industry
Industry Median: 0.98 vs STU:13X: 0.18

Xinyi Solar Holdings 3-Year ROIIC % Historical Data

The historical data trend for Xinyi Solar Holdings'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.

* Premium members only.

Xinyi Solar Holdings 3-Year ROIIC % Chart

Xinyi Solar Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.38 21.66 20.31 9.33 0.18

Xinyi Solar Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 9.33 - 0.18 -

Competitive Comparison of Xinyi Solar Holdings's 3-Year ROIIC %

For the Solar subindustry, Xinyi Solar Holdings'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.


Xinyi Solar Holdings's 3-Year ROIIC % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Xinyi Solar Holdings's 3-Year ROIIC % falls into.



Xinyi Solar Holdings 3-Year ROIIC % Calculation

Xinyi Solar Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 608.7017079 (Dec. 2023) - 546.3773172 (Dec. 2020) )/( 5641.624 (Dec. 2023) - 3217.65 (Dec. 2020) )
=62.3243907/2423.974
=2.57%***

* 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.


Xinyi Solar Holdings  (STU:13X) 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.


Xinyi Solar Holdings 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Xinyi Solar Holdings's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Xinyi Solar Holdings Business Description

Traded in Other Exchanges
Address
Xinyi PV Glass Industrial Zone, 2 Xinyi Road, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241009
Xinyi Solar Holdings Ltd is an investment holding company. Its activities consist of the production and sale of solar glass products, the development and operation of solar farms, and the provision of engineering, procurement, and construction (EPC) services. The company's segments include sales of solar glass; solar farm business which includes solar farm development and solar power generation; and EPC services. It derives revenue from two core business segments, namely the sale and manufacturing of solar glass and solar farm business. Its operations are held in the People's Republic of China and Other countries.

Xinyi Solar Holdings Headlines

No Headlines