Tongwei Co Ltd
SSE:600438
ROIC
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 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
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.
Based on Tongwei Co Ltd's most recent financial statements, the company has ROIC of 27.4%.