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Advanced Technology & Materials Co (SZSE:000969) 1-Year ROIIC %

: 37.71% (As of Sep. 2023)
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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. Advanced Technology & Materials Co's 1-Year ROIIC % for the quarter that ended in Sep. 2023 was 37.71%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Advanced Technology & Materials Co's 1-Year ROIIC % or its related term are showing as below:

SZSE:000969's 1-Year ROIIC % is ranked better than
73.83% of 2323 companies
in the Metals & Mining industry
Industry Median: -2.66 vs SZSE:000969: 37.71

Advanced Technology & Materials Co 1-Year ROIIC % Historical Data

The historical data trend for Advanced Technology & Materials Co's 1-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.

Advanced Technology & Materials Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
1-Year ROIIC %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -127.69 -2.27 -14.23 -11.54 -26.39

Advanced Technology & Materials Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
1-Year ROIIC % 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 Premium Member Only Premium Member Only Premium Member Only -25.01 -26.39 62.76 54.84 37.71

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Advanced Technology & Materials 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.


Advanced Technology & Materials Co 1-Year ROIIC % Distribution

For the Metals & Mining industry and Basic Materials sector, Advanced Technology & Materials Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Advanced Technology & Materials Co's 1-Year ROIIC % falls into.



Advanced Technology & Materials Co 1-Year ROIIC % Calculation

Advanced Technology & Materials Co's 1-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 287.1092 (Sep. 2023) - 316.6051 (Sep. 2022) )/( 6017.071 (Sep. 2023) - 6095.29 (Sep. 2022) )
=-29.4959/-78.219000000001
=37.71%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


Advanced Technology & Materials Co  (SZSE:000969) 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.


Advanced Technology & Materials Co 1-Year ROIIC % Related Terms

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Advanced Technology & Materials Co (SZSE:000969) Business Description

Traded in Other Exchanges
N/A
Address
No. 76 Xueyuan South Road, Haidian District, Beijing, Beijing, CHN, 100081
Advanced Technology & Materials Co Ltd is a Chinese high-tech company that focuses on the research and development and manufacture of new metallic materials and products. Its products include amorphous and nano-crystalline materials and products; refractory materials and products; powder materials and products; magnetic materials and products; welding materials and products; filtration materials and environmental protection engineering products; and high-speed steel and diamond tools. These products are used in various fields which include aerospace, energy, transportation, consumer electronics, construction and building materials, petrochemical, saving and environmental protection industries. Geographically the activities are carried out through China.

Advanced Technology & Materials Co (SZSE:000969) Headlines

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