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Tongxin International (Tongxin International) 3-Year ROIIC % : 0.00% (As of Dec. 2010)


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What is Tongxin International 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. Tongxin International's 3-Year ROIIC % for the quarter that ended in Dec. 2010 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TXIC's 3-Year ROIIC % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 6.75
* Ranked among companies with meaningful 3-Year ROIIC % only.

Tongxin International 3-Year ROIIC % Historical Data

The historical data trend for Tongxin International'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.

Tongxin International 3-Year ROIIC % Chart

Tongxin International Annual Data
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3-Year ROIIC %
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Tongxin International Semi-Annual Data
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Competitive Comparison of Tongxin International's 3-Year ROIIC %

For the Auto Parts subindustry, Tongxin International'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.


Tongxin International's 3-Year ROIIC % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tongxin International's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Tongxin International's 3-Year ROIIC % falls into.



Tongxin International 3-Year ROIIC % Calculation

Tongxin International's 3-Year ROIIC % for the quarter that ended in Dec. 2010 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -6.2133648 (Dec. 2010) - 10.2759356 (Dec. 2007) )/( 127.629 (Dec. 2010) - 51.573 (Dec. 2007) )
=-16.4893004/76.056
=-21.68%***

* 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.


Tongxin International  (OTCPK:TXIC) 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.


Tongxin International 3-Year ROIIC % Related Terms

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Tongxin International (Tongxin International) Business Description

Traded in Other Exchanges
N/A
Address
Hunan Tongxin, Changsha, Hunan Province, Jiangbei, CHN, 410135
Tongxin International Ltd is an independent supplier of EVBS in China, is capable of providing EVBS for both the commercial truck and light vehicle market segments. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. Further, the company also designs, fabricates and tests dies used in the vehicle body structure manufacturing process.

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