Anhui Province Natural Gas Development Co (SHSE:603689) 5-Year ROIIC % : 2.50% (As of Dec. 2025)

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:603689 Anhui Province Natural Gas Development Co Ltd SHSE:603689
64 GF Score
Price ¥7.85
GF Value ¥7.41
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Anhui Province Natural Gas Development Co 5-Year ROIIC %?

Anhui Province Natural Gas Development Co SHSE:603689 +0.38% 64 5-Year ROIIC % is 2.50 as of Dec. 2025. GuruFocus rates SHSE:603689 with a GF Score™ of 64/100 and a GF Value™ of ¥7.41 (Fairly Valued). The stock has 5 warning signs investors should review. Among 874 Oil & Gas companies, Anhui Province Natural Gas Development Co ranks worse than 55.26% on this metric.

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Anhui Province Natural Gas Development Co's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 2.50%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Anhui Province Natural Gas Development Co's 5-Year ROIIC % or its related term are showing as below:

SHSE:603689's 5-Year ROIIC % is ranked worse than
55.26% of 874 companies
in the Oil & Gas industry
Industry Median: 5.17 vs SHSE:603689: 2.50

Anhui Province Natural Gas Development Co  (SHSE:603689) 5-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.


Anhui Province Natural Gas Development Co 5-Year ROIIC % Related Terms


Anhui Province Natural Gas Development Co 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Anhui Province Natural Gas Development Co's 5-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.

Anhui Province Natural Gas Development Co 5-Year ROIIC % Chart

Anhui Province Natural Gas Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.16 6.25 4.89 2.23 2.50

Anhui Province Natural Gas Development Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
5-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 2.50 0.00 0.00

SHSE:603689 vs WMB, EPD, ET: 5-Year ROIIC % Comparison

For the Oil & Gas Midstream subindustry, Anhui Province Natural Gas Development Co's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Anhui Province Natural Gas Development Co 5-Year ROIIC % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Anhui Province Natural Gas Development Co's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Anhui Province Natural Gas Development Co's 5-Year ROIIC % falls into.


SHSE:603689
64GF Score
Anhui Province Natural Gas Development Co Ltd SHSE:603689
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anhui Province Natural Gas Development Co 5-Year ROIIC % Calculation

Anhui Province Natural Gas Development Co's 5-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 332.6121078 (Dec. 2025) - 208.5592924 (Dec. 2020) )/( 8034.591 (Dec. 2025) - 3069.61 (Dec. 2020) )
=124.0528154/4964.981
=2.50%***

* 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 5-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 5-Year ROIIC % →
What does a 5-Year ROIIC % of 2.50 mean?
Anhui Province Natural Gas Development Co (SHSE:603689) has a 5-Year ROIIC % of 2.50 as of Dec. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Anhui Province Natural Gas Development Co and its competitors. According to the industry distribution chart, Anhui Province Natural Gas Development Co ranks #483 out of 874 companies in the Oil & Gas industry, placing it in the top 55.3%.
Is Anhui Province Natural Gas Development Co's 5-Year ROIIC % too high?
Anhui Province Natural Gas Development Co's current 5-Year ROIIC % is 2.50. The Oil & Gas industry median 5-Year ROIIC % is 5.17. Anhui Province Natural Gas Development Co's value of 2.50 is 51.6% below this industry median. Based on the distribution chart, Anhui Province Natural Gas Development Co ranks #483 out of 874 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Anhui Province Natural Gas Development Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anhui Province Natural Gas Development Co's 5-Year ROIIC % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Anhui Province Natural Gas Development Co ranks #483 out of 874 companies for 5-Year ROIIC %. This places Anhui Province Natural Gas Development Co in the lower half of its industry. The industry median 5-Year ROIIC % is 5.17. Anhui Province Natural Gas Development Co's value of 2.50 is 51.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for an Oil & Gas company?
The median 5-Year ROIIC % among Oil & Gas companies is 5.17, based on 874 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anhui Province Natural Gas Development Co's current 5-Year ROIIC % of 2.50 is 51.6% below 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Anhui Province Natural Gas Development Co and its competitors. For the Oil & Gas industry, the median 5-Year ROIIC % is 5.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Province Natural Gas Development Co's current 5-Year ROIIC % is 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Province Natural Gas Development Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Province Natural Gas Development Co (SHSE:603689) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.41, compared to a current price of ¥7.85 — trading 5.9% above its estimated fair value. The current 5-Year ROIIC % is 2.50 and 51.6% below the Oil & Gas industry median of 5.17. Anhui Province Natural Gas Development Co's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Anhui Province Natural Gas Development Co (SHSE:603689), the current 5-Year ROIIC % is 2.50 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 Anhui Province Natural Gas Development Co (SHSE:603689) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Province Natural Gas Development Co stock appears to be overvalued. The current stock price of ¥7.85 is trading 5.9% above its estimated GF Value™ of ¥7.41. GuruFocus considers Anhui Province Natural Gas Development Co to be Fairly Valued.

Key valuation signals for SHSE:603689:

  • 5-Year ROIIC %: 2.50
  • GF Value™: ¥7.41 vs. price of ¥7.85 (5.9% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 51.6% below the Oil & Gas median (#483 of 874)

No single metric tells the full story. See the SHSE:603689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Province Natural Gas Development Co Business Description

Industry EnergyOil & Gas
Address No. 9 Dalian Road, Baohe Industrial Zone, Anhui Province, Hefei, CHN, 230051
Anhui Province Natural Gas Development Co Ltd is a natural gas pipeline operator. It invests, constructs, operates and manages natural gas pipelines in Anhui Province. The company also participates in the development and construction of natural gas pipeline network in urban areas; manages natural gas resources on behalf of Anhui Province; sells natural gas; and market and competitive investment in other natural gas, CBM and other energy applications and related projects. The other business activities of the company are to invest in the development of natural gas and coal seams in the province Gas resources projects; other energy development projects; and to engage in other auxiliary businesses.
64GF Score

Get the complete analysis for SHSE:603689

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

¥7.85
Price
¥7.41
GF Value