Xi an High Voltage Apparatus Research Institute Co (SHSE:688334) 5-Year ROIIC % : 15.61% (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:688334 Xi an High Voltage Apparatus Research Institute Co Ltd SHSE:688334
65 GF Score
Price ¥18.05
GF Value ¥19.44
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Xi an High Voltage Apparatus Research Institute Co 5-Year ROIIC %?

Xi an High Voltage Apparatus Research Institute Co SHSE:688334 -0.55% 65 5-Year ROIIC % is 15.61 as of Dec. 2025. GuruFocus rates SHSE:688334 with a GF Score™ of 65/100 and a GF Value™ of ¥19.44 (Fairly Valued). The stock has 1 warning sign investors should review. Among 888 Business Services companies, Xi an High Voltage Apparatus Research Institute Co ranks better than 69.26% 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. Xi an High Voltage Apparatus Research Institute Co's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 15.61%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Xi an High Voltage Apparatus Research Institute Co's 5-Year ROIIC % or its related term are showing as below:

SHSE:688334's 5-Year ROIIC % is ranked better than
69.26% of 888 companies
in the Business Services industry
Industry Median: 5.55 vs SHSE:688334: 15.61

Xi an High Voltage Apparatus Research Institute Co  (SHSE:688334) 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.


Xi an High Voltage Apparatus Research Institute Co 5-Year ROIIC % Related Terms


Xi an High Voltage Apparatus Research Institute Co 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Xi an High Voltage Apparatus Research Institute 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.

Xi an High Voltage Apparatus Research Institute Co 5-Year ROIIC % Chart

Xi an High Voltage Apparatus Research Institute Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
5-Year ROIIC %
Get a 7-Day Free Trial 0.00 0.00 0.00 7.31 15.61

Xi an High Voltage Apparatus Research Institute Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 15.61 0.00

SHSE:688334 vs CTAS, CPRT, GPN: 5-Year ROIIC % Comparison

For the Specialty Business Services subindustry, Xi an High Voltage Apparatus Research Institute 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.


Xi an High Voltage Apparatus Research Institute Co 5-Year ROIIC % vs Business Services Industry

For the Business Services industry and Industrials sector, Xi an High Voltage Apparatus Research Institute Co's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Xi an High Voltage Apparatus Research Institute Co's 5-Year ROIIC % falls into.


SHSE:688334
65GF Score
Xi an High Voltage Apparatus Research Institute Co Ltd SHSE:688334
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xi an High Voltage Apparatus Research Institute Co 5-Year ROIIC % Calculation

Xi an High Voltage Apparatus Research Institute 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**
=( 238.30656 (Dec. 2025) - 64.593804 (Dec. 2020) )/( 2287.68 (Dec. 2025) - 1175.031 (Dec. 2020) )
=173.712756/1112.649
=15.61%***

* 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 15.61 mean?
Xi an High Voltage Apparatus Research Institute Co (SHSE:688334) has a 5-Year ROIIC % of 15.61 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 Xi an High Voltage Apparatus Research Institute Co and its competitors. According to the industry distribution chart, Xi an High Voltage Apparatus Research Institute Co ranks #273 out of 888 companies in the Business Services industry, placing it in the top 30.7%.
Is Xi an High Voltage Apparatus Research Institute Co's 5-Year ROIIC % too high?
Xi an High Voltage Apparatus Research Institute Co's current 5-Year ROIIC % is 15.61. The Business Services industry median 5-Year ROIIC % is 5.55. Xi an High Voltage Apparatus Research Institute Co's value of 15.61 is 181.3% above this industry median. Based on the distribution chart, Xi an High Voltage Apparatus Research Institute Co ranks #273 out of 888 companies in the Business Services industry, which is above the industry midpoint. Overall, Xi an High Voltage Apparatus Research Institute Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xi an High Voltage Apparatus Research Institute Co's 5-Year ROIIC % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Xi an High Voltage Apparatus Research Institute Co ranks #273 out of 888 companies for 5-Year ROIIC %. This puts Xi an High Voltage Apparatus Research Institute Co in the upper half of its industry. The industry median 5-Year ROIIC % is 5.55. Xi an High Voltage Apparatus Research Institute Co's value of 15.61 is 181.3% above 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 a Business Services company?
The median 5-Year ROIIC % among Business Services companies is 5.55, based on 888 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. Xi an High Voltage Apparatus Research Institute Co's current 5-Year ROIIC % of 15.61 is 181.3% above 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 Xi an High Voltage Apparatus Research Institute Co and its competitors. For the Business Services industry, the median 5-Year ROIIC % is 5.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xi an High Voltage Apparatus Research Institute Co's current 5-Year ROIIC % is 15.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xi an High Voltage Apparatus Research Institute Co stock overvalued right now?
Based on GuruFocus' analysis, Xi an High Voltage Apparatus Research Institute Co (SHSE:688334) is currently considered Fairly Valued. The stock's GF Value™ is ¥19.44, compared to a current price of ¥18.05 — trading 7.2% below its estimated fair value. The current 5-Year ROIIC % is 15.61 and 181.3% above the Business Services industry median of 5.55. Xi an High Voltage Apparatus Research Institute Co's overall GF Score™ is 65/100 with 1 warning sign 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 Xi an High Voltage Apparatus Research Institute Co (SHSE:688334), the current 5-Year ROIIC % is 15.61 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 Xi an High Voltage Apparatus Research Institute Co (SHSE:688334) Overvalued in 2026?

Based on GuruFocus' analysis, Xi an High Voltage Apparatus Research Institute Co stock appears to be undervalued. The current stock price of ¥18.05 is trading 7.2% below its estimated GF Value™ of ¥19.44. GuruFocus considers Xi an High Voltage Apparatus Research Institute Co to be Fairly Valued.

Key valuation signals for SHSE:688334:

  • 5-Year ROIIC %: 15.61
  • GF Value™: ¥19.44 vs. price of ¥18.05 (7.2% below fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 181.3% above the Business Services median (#273 of 888)

No single metric tells the full story. See the SHSE:688334 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xi an High Voltage Apparatus Research Institute Co Business Description

Address No. 18, North Section of Xi'erhuan, Lianhu, Shaanxi, Xi'an, CHN, 710077
Xi an High Voltage Apparatus Research Institute Co Ltd is engaged in Inspection and testing, metrology, certification, and technical consulting services in the electrical field, conducting relevant technical research, standard formulation and revision, and provision of industry management and services.
65GF Score

Get the complete analysis for SHSE:688334

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

¥18.05
Price
¥19.44
GF Value