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Changjiang & Jinggong Steel Building Group Co Ltd
SSE:600496

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Changjiang & Jinggong Steel Building Group Co Ltd
SSE:600496
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Price: 2.79 CNY 0.36% Market Closed
Updated: Apr 25, 2024

ROIC
Return on Invested Capital

4.9%
Current
6%
Average
3.8%
Industry
Positive for the last year
4.9%
Positive average
6%
Worse 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
4.9%
=
NOPAT
649.8m
/
Invested Capital
13.6B

ROIC Across Competitors

ROIC Comparison
Changjiang & Jinggong Steel Building Group Co Ltd Competitors

Country FR
Market Cap 63.7B EUR
ROIC
7%
Country IN
Market Cap 5T INR
ROIC
6%
Country IN
Market Cap 54.7B EUR
ROIC
6%
Country JP
Market Cap 6.1T JPY
ROIC
6%
Country US
Market Cap 36.8B USD
ROIC
7%
Country ES
Market Cap 25.3B EUR
ROIC
3%
Country NL
Market Cap 26.6B USD
ROIC
3%
Country CN
Market Cap 151B CNY
ROIC
4%
Country CA
Market Cap 26.7B CAD
ROIC
7%

Profitability Report

View the profitability report to see the full profitability analysis for Changjiang & Jinggong Steel Building Group Co Ltd.

See Also

Discover More
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
4.9%
=
NOPAT
649.8m
/
Invested Capital
13.6B
What is the ROIC of Changjiang & Jinggong Steel Building Group Co Ltd?

Based on Changjiang & Jinggong Steel Building Group Co Ltd's most recent financial statements, the company has ROIC of 4.9%.