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Zhejiang Yongjin Metal Technology Co Ltd
SSE:603995

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Zhejiang Yongjin Metal Technology Co Ltd
SSE:603995
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Price: 18.38 CNY 5.09% Market Closed
Updated: Apr 20, 2024

ROIC
Return on Invested Capital

7.2%
Current
9%
Average
-5.1%
Industry
Positive for the last year
7.2%
Positive average
9%
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
7.2%
=
NOPAT
667.8m
/
Invested Capital
9.4B

ROIC Across Competitors

ROIC Comparison
Zhejiang Yongjin Metal Technology Co Ltd Competitors

Country CN
Market Cap 6.9B CNY
ROIC
7%
Country ZA
Market Cap 154.7B Zac
ROIC
40%
Country BR
Market Cap 267.8B BRL
ROIC
14%
Country AU
Market Cap 75.7B AUD
ROIC
25%
Country US
Market Cap 46.4B USD
ROIC
19%
Country AU
Market Cap 29.3B EUR
ROIC
25%
Country IN
Market Cap 2.1T INR
ROIC
10%
Country IN
Market Cap 2T INR
ROIC
-61%
Country CN
Market Cap 163.8B CNY
ROIC
3%
Country US
Market Cap 21.8B USD
ROIC
21%
Country KR
Market Cap 29.3T KRW
ROIC
3%

Profitability Report

View the profitability report to see the full profitability analysis for Zhejiang Yongjin Metal Technology 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
7.2%
=
NOPAT
667.8m
/
Invested Capital
9.4B
What is the ROIC of Zhejiang Yongjin Metal Technology Co Ltd?

Based on Zhejiang Yongjin Metal Technology Co Ltd's most recent financial statements, the company has ROIC of 7.2%.