Xinlun New Materials Co Ltd
SZSE:002341
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
Xinlun New Materials Co Ltd Competitors
| Country | CN |
| Market Cap | 3B CNY |
| ROIC |
-23%
|
| Country | US |
| Market Cap | 7.4B USD |
| ROIC |
6%
|
| Country | CN |
| Market Cap | 32.1B CNY |
| ROIC |
28%
|
| Country | FR |
| Market Cap | 2.7B EUR |
| ROIC |
12%
|
| Country | US |
| Market Cap | 2B USD |
| ROIC |
8%
|
| Country | JP |
| Market Cap | 293.6B JPY |
| ROIC |
9%
|
| Country | US |
| Market Cap | 1.9B USD |
| ROIC |
4%
|
| Country | JP |
| Market Cap | 218.3B JPY |
| ROIC |
9%
|
| Country | US |
| Market Cap | 1.4B USD |
| ROIC |
6%
|
| Country | JP |
| Market Cap | 162.9B JPY |
| ROIC |
12%
|
| Country | US |
| Market Cap | 922.2m USD |
| ROIC |
7%
|
Profitability Report
View the profitability report to see the full profitability analysis for Xinlun New Materials 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 Xinlun New Materials Co Ltd's most recent financial statements, the company has ROIC of -22.6%.
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