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Wuhan Tianyuan Environmental Protection Co (SZSE:301127) 1-Year ROIIC % : 7.87% (As of Mar. 2024)


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What is Wuhan Tianyuan Environmental Protection Co 1-Year ROIIC %?

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. Wuhan Tianyuan Environmental Protection Co's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 7.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Wuhan Tianyuan Environmental Protection Co's 1-Year ROIIC % or its related term are showing as below:

SZSE:301127's 1-Year ROIIC % is ranked better than
59.74% of 231 companies
in the Waste Management industry
Industry Median: 3.5 vs SZSE:301127: 7.87

Wuhan Tianyuan Environmental Protection Co 1-Year ROIIC % Historical Data

The historical data trend for Wuhan Tianyuan Environmental Protection 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.

Wuhan Tianyuan Environmental Protection Co 1-Year ROIIC % Chart

Wuhan Tianyuan Environmental Protection Co Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 34.37 6.83 8.36

Wuhan Tianyuan Environmental Protection Co Quarterly Data
Jun15 Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
1-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 10.52 0.27 8.67 8.36 7.87

Competitive Comparison of Wuhan Tianyuan Environmental Protection Co's 1-Year ROIIC %

For the Waste Management subindustry, Wuhan Tianyuan Environmental Protection 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.


Wuhan Tianyuan Environmental Protection Co's 1-Year ROIIC % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Wuhan Tianyuan Environmental Protection Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Wuhan Tianyuan Environmental Protection Co's 1-Year ROIIC % falls into.



Wuhan Tianyuan Environmental Protection Co 1-Year ROIIC % Calculation

Wuhan Tianyuan Environmental Protection Co's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 342.8569 (Mar. 2024) - 223.3712 (Mar. 2023) )/( 3135.479 (Mar. 2024) - 1616.729 (Mar. 2023) )
=119.4857/1518.75
=7.87%***

* 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.


Wuhan Tianyuan Environmental Protection Co  (SZSE:301127) 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.


Wuhan Tianyuan Environmental Protection Co 1-Year ROIIC % Related Terms

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Wuhan Tianyuan Environmental Protection Co (SZSE:301127) Business Description

Traded in Other Exchanges
N/A
Address
No.392, Weihu West Road, Shamao Street, Hannan District, Hubei Province, Wuhan, CHN, 430000
Wuhan Tianyuan Environmental Protection Co Ltd is engaged in the research and development, manufacturing and integration, environmental protection engineering construction and environmental protection project operation services.

Wuhan Tianyuan Environmental Protection Co (SZSE:301127) Headlines

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