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Zhangjiagang Guangda Special Material Co (SHSE:688186) 5-Year ROIIC % : 1.33% (As of Dec. 2023)


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What is Zhangjiagang Guangda Special Material Co 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. Zhangjiagang Guangda Special Material Co's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was 1.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Zhangjiagang Guangda Special Material Co's 5-Year ROIIC % or its related term are showing as below:

SHSE:688186's 5-Year ROIIC % is ranked worse than
54.67% of 600 companies
in the Steel industry
Industry Median: 3.67 vs SHSE:688186: 1.33

Zhangjiagang Guangda Special Material Co 5-Year ROIIC % Historical Data

The historical data trend for Zhangjiagang Guangda Special Material 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.

* Premium members only.

Zhangjiagang Guangda Special Material Co 5-Year ROIIC % Chart

Zhangjiagang Guangda Special Material Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial - - 4.22 1.18 1.33

Zhangjiagang Guangda Special Material Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 1.33 - - -

Competitive Comparison of Zhangjiagang Guangda Special Material Co's 5-Year ROIIC %

For the Steel subindustry, Zhangjiagang Guangda Special Material 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.


Zhangjiagang Guangda Special Material Co's 5-Year ROIIC % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zhangjiagang Guangda Special Material Co's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Zhangjiagang Guangda Special Material Co's 5-Year ROIIC % falls into.



Zhangjiagang Guangda Special Material Co 5-Year ROIIC % Calculation

Zhangjiagang Guangda Special Material Co's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 244.6572978 (Dec. 2023) - 164.2359117 (Dec. 2018) )/( 7677.324 (Dec. 2023) - 1627.978 (Dec. 2018) )
=80.4213861/6049.346
=1.33%***

* 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.


Zhangjiagang Guangda Special Material Co  (SHSE:688186) 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.


Zhangjiagang Guangda Special Material Co 5-Year ROIIC % Related Terms

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Zhangjiagang Guangda Special Material Co Business Description

Traded in Other Exchanges
N/A
Address
Fenghuang Town, Langanqiao Development Zone, Jiangsu Province, Anqing Village, Zhangjiagang, CHN, 215614
Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.
Executives
Tang Zhong Xue Director
Xu Wei Ming Director
Gu Jin Cai senior management
Zhou Qing Chun Core technical personnel

Zhangjiagang Guangda Special Material Co Headlines

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