Maanshan Iron And Steel Co (FRA:YM9A) 1-Year ROIIC %

: -382.28% (As of Sep. 2022)

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1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Maanshan Iron And Steel Co's 1-Year ROIIC % for the quarter that ended in Sep. 2022 was -382.28%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Maanshan Iron And Steel Co's 1-Year ROIIC % or its related term are showing as below:

FRA:YM9A's 1-Year ROIIC % is ranked worse than
95.79% of 451 companies
in the Steel industry
Industry Median: 3.65 vs FRA:YM9A: -382.28

Competitive Comparison

For the Steel subindustry, Maanshan Iron And Steel Co's 1-Year ROIIC %, along with its competitors' market caps and 1-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.

Annual Data Quarterly Data

Maanshan Iron And Steel Co 1-Year ROIIC % Distribution

For the Steel industry and Basic Materials sector, Maanshan Iron And Steel Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Maanshan Iron And Steel Co's 1-Year ROIIC % falls in comparison to its industry or sector. The grey bar indicates the 1-Year ROIIC %'s extreme value range as defined by GuruFocus.

Maanshan Iron And Steel Co 1-Year ROIIC % Calculation

Maanshan Iron And Steel Co's 1-Year ROIIC % for the quarter that ended in Sep. 2022 is calculated as:

1-Year ROIIC %	=	1-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	1-Year Incremental Invested Capital
	=	( 156.97196763804 (Sep. 2022) - 1004.7683298251 (Sep. 2021) )	/	( 11256.532374101 (Sep. 2022) - 10070.527027864 (Sep. 2021) )
	=	-847.79636218702	/	1186.0053462365
	=	-71.48 %

* 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.

^**While calculating 1-Year ROIIC %, twelve months (TTM) data for NOPAT will be applied if latest quarterly financials are available after its last annual reports. Otherwise, annual data will be used.

Maanshan Iron And Steel Co (FRA:YM9A) 1-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.

Maanshan Iron And Steel Co 1-Year ROIIC % Related Terms

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Maanshan Iron And Steel Co (FRA:YM9A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Maanshan Iron And Steel Co Ltd (FRA:YM9A) » Definitions » 1-Year ROIIC %

Traded in Other Exchanges

MAANF:USA 00323:Hong Kong YM9A:Germany 600808:China

Address

No. 8 Jiu Hua Xi Road, Anhui Province, Maanshan, CHN, 243003

Website

http://www.magang.com.hk

Maanshan Iron And Steel Co Ltd produces and sells iron and steel products. It has two segments. Production and sale of iron and steel products and related by-products, and Financial service. The company's principal product is steel, which is categorized into steel plates, section steel, wire rods, and train wheels. Thin plates products are further categorized in hot and rolled plates, galvanized plates, and coil coating plates. The products in the wire rod category comprise wire rod materials and hot-rolled reinforced steel used in armored concrete. The Train wheel category includes train wheels and wheel rims.

Maanshan Iron And Steel Co (FRA:YM9A) Headlines

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