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Anhui Conch Cement Co (SHSE:600585) 5-Year ROIIC %

: 69.39% (As of Dec. 2021)
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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. Anhui Conch Cement Co's 5-Year ROIIC % for the quarter that ended in Dec. 2021 was 69.39%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Anhui Conch Cement Co's 5-Year ROIIC % or its related term are showing as below:

SHSE:600585's 5-Year ROIIC % is ranked better than
92.14% of 369 companies
in the Building Materials industry
Industry Median: 3.22 vs SHSE:600585: 69.39

Competitive Comparison

For the Building Materials subindustry, Anhui Conch Cement 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.

   

Anhui Conch Cement Co 5-Year ROIIC % Distribution

For the Building Materials industry and Basic Materials sector, Anhui Conch Cement Co's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Anhui Conch Cement Co's 5-Year ROIIC % falls in comparison to its industry or sector. The grey bar indicates the 5-Year ROIIC %'s extreme value range as defined by GuruFocus.



Anhui Conch Cement Co 5-Year ROIIC % Calculation

Anhui Conch Cement Co's 5-Year ROIIC % for the quarter that ended in Dec. 2021 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 30764.0856645 (Dec. 2021) - 8502.4668199 (Dec. 2016) )/( 118288.288 (Dec. 2021) - 86207.563 (Dec. 2016) )
=22261.6188446/32080.725
=69.39 %

* 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 %.


Anhui Conch Cement Co  (SHSE:600585) 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.


Anhui Conch Cement Co 5-Year ROIIC % Related Terms

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Anhui Conch Cement Co (SHSE:600585) Business Description

Anhui Conch Cement Co logo
Traded in Other Exchanges
Address
No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000
Anhui Conch Cement is mainly engaged in the production and sale of cement and clinker. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of 384 million metric tons, the firm is the second-largest cement manufacturer in China. Sales of self-produced cement and clinker products contributed about 65% of its 2021 revenue, with the remainder mainly from the trading business and service income.

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