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Silvery Dragon Prestressed Materials Co Tianjin (SHSE:603969) 5-Year ROIIC % : 6.08% (As of Dec. 2024)


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What is Silvery Dragon Prestressed Materials Co Tianjin 5-Year ROIIC %?

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. Silvery Dragon Prestressed Materials Co Tianjin's 5-Year ROIIC % for the quarter that ended in Dec. 2024 was 6.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Silvery Dragon Prestressed Materials Co Tianjin's 5-Year ROIIC % or its related term are showing as below:

SHSE:603969's 5-Year ROIIC % is ranked better than
51.44% of 591 companies
in the Steel industry
Industry Median: 3.33 vs SHSE:603969: 6.08

Silvery Dragon Prestressed Materials Co Tianjin 5-Year ROIIC % Historical Data

The historical data trend for Silvery Dragon Prestressed Materials Co Tianjin'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.

* Premium members only.

Silvery Dragon Prestressed Materials Co Tianjin 5-Year ROIIC % Chart

Silvery Dragon Prestressed Materials Co Tianjin Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.55 11.34 -8.77 3.63 6.08

Silvery Dragon Prestressed Materials Co Tianjin Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.63 - - - 6.08

Competitive Comparison of Silvery Dragon Prestressed Materials Co Tianjin's 5-Year ROIIC %

For the Steel subindustry, Silvery Dragon Prestressed Materials Co Tianjin'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.


Silvery Dragon Prestressed Materials Co Tianjin's 5-Year ROIIC % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Silvery Dragon Prestressed Materials Co Tianjin's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Silvery Dragon Prestressed Materials Co Tianjin's 5-Year ROIIC % falls into.


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Silvery Dragon Prestressed Materials Co Tianjin 5-Year ROIIC % Calculation

Silvery Dragon Prestressed Materials Co Tianjin's 5-Year ROIIC % for the quarter that ended in Dec. 2024 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 266.2020268 (Dec. 2024) - 185.0315465 (Dec. 2019) )/( 3039.508 (Dec. 2024) - 1703.468 (Dec. 2019) )
=81.1704803/1336.04
=6.08%***

* 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.


Silvery Dragon Prestressed Materials Co Tianjin  (SHSE:603969) 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.


Silvery Dragon Prestressed Materials Co Tianjin 5-Year ROIIC % Related Terms

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Silvery Dragon Prestressed Materials Co Tianjin Business Description

Traded in Other Exchanges
N/A
Address
No.62 Shuangyuan Industry Park, Shuangjiang Road, Beichen District, Tianjin, CHN, 300400
Silvery Dragon Prestressed Materials Co Ltd Tianjin is engaged in the manufacturing of prestressed concrete steels. Its products include the whole system of PC wire, PC bar, and PC strand, also developed the special PC steel and the large diameter pre-stressed steel rods, hollow pre-stressed anchor bars, and for customers to develop all kinds of new products. It also researches of Railway sleeper, Railway track plate, bridges, PCCP water division pipe, hollow core board, PC pile and other Prestressed concrete structure.
Executives
Zhong Zhi Chao Director
Xie Zhi Chao senior management
Ai Zhi Gang senior management
Zhang Qi Ming senior management
Yu Jing Qi Director
Xie Zhi Feng Director
Xie Tie Gen Director
Xie Zhao Ting Supervisors
Xie Hui Zong senior management
Xie Zhi Qin senior management
Li Jing Quan senior management
Zhang Xin Director
Sun Wei Na Director
Xie Tie Qiao Director
Lian Jiang Supervisors

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