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IReader Technology Co Ltd
SSE:603533

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IReader Technology Co Ltd Logo
IReader Technology Co Ltd
SSE:603533
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Price: 20.8 CNY 9.99% Market Closed
Updated: Apr 18, 2024

ROIC
Return on Invested Capital

3%
Current
14%
Average
2.5%
Industry
Positive for the last year
3%
Positive average
14%
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
3%
=
NOPAT
28.5m
/
Invested Capital
1B

ROIC Across Competitors

ROIC Comparison
IReader Technology Co Ltd Competitors

Country CN
Market Cap 9.1B CNY
ROIC
3%
Country US
Market Cap 789.1B USD
ROIC
-232%
Country US
Market Cap 670.7B USD
ROIC
62%
Country US
Market Cap 268.3B USD
ROIC
6%
Country US
Market Cap 214.9B USD
ROIC
26%
Country DE
Market Cap 197.1B EUR
ROIC
8%
Country US
Market Cap 171.7B USD
ROIC
11%
Country US
Market Cap 80.5B USD
ROIC
16%
Country US
Market Cap 79.8B USD
ROIC
27%
Country US
Market Cap 67.6B USD
ROIC
9%
Country CA
Market Cap 78.7B CAD
ROIC
4%

Profitability Report

View the profitability report to see the full profitability analysis for IReader Technology 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
3%
=
NOPAT
28.5m
/
Invested Capital
1B
What is the ROIC of IReader Technology Co Ltd?

Based on IReader Technology Co Ltd's most recent financial statements, the company has ROIC of 3%.