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Tongwei Co Ltd
SSE:600438

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Tongwei Co Ltd Logo
Tongwei Co Ltd
SSE:600438
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Price: 21.67 CNY -0.96% Market Closed
Updated: Apr 25, 2024

ROIC
Return on Invested Capital

27.4%
Current
23%
Average
4.8%
Industry
Positive for the last year
27.4%
Positive average
23%
Better than average
Better than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
27.4%
=
NOPAT
28.3B
/
Invested Capital
111.4B

ROIC Across Competitors

ROIC Comparison
Tongwei Co Ltd Competitors

Country CN
Market Cap 97.6B CNY
ROIC
27%
Country MY
Market Cap 168B MYR
ROIC
2%
Country US
Market Cap 31.6B USD
ROIC
7%
Country CY
Market Cap 24B USD
ROIC
12%
Country SG
Market Cap 22B SGD
ROIC
4%
Country US
Market Cap 15.4B USD
ROIC
14%
Country US
Market Cap 7.5B USD
ROIC
12%
Country US
Market Cap 6.9B USD
ROIC
6%
Country MY
Market Cap 30.6B MYR
ROIC
8%
Country CN
Market Cap 41.6B CNY
ROIC
-1%
Country MY
Market Cap 25.1B MYR
ROIC
5%

Profitability Report

View the profitability report to see the full profitability analysis for Tongwei Co Ltd.

See Also

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What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
27.4%
=
NOPAT
28.3B
/
Invested Capital
111.4B
What is the ROIC of Tongwei Co Ltd?

Based on Tongwei Co Ltd's most recent financial statements, the company has ROIC of 27.4%.