First Time Loading...
S

Shandong Longda Meishi Co Ltd
SZSE:002726

Watchlist Manager
Shandong Longda Meishi Co Ltd
SZSE:002726
Watchlist
Price: 7.2 CNY -0.28% Market Closed
Updated: Apr 18, 2024

ROIC
Return on Invested Capital

-21.8%
Current
-4%
Average
4.8%
Industry
Negative for the last year
-21.8%
Negative average
-4%
Worse than average
Worse 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
-21.8%
=
NOPAT
-1.2B
/
Invested Capital
5.5B

ROIC Across Competitors

ROIC Comparison
Shandong Longda Meishi Co Ltd Competitors

Country CN
Market Cap 7.5B CNY
ROIC
-22%
Country JP
Market Cap 53.2T JPY
ROIC
5%
Country CH
Market Cap 244B CHF
ROIC
12%
Country US
Market Cap 90.1B USD
ROIC
7%
Country US
Market Cap 44.7B USD
ROIC
6%
Country FR
Market Cap 37.9B EUR
ROIC
5%
Country US
Market Cap 38.9B USD
ROIC
11%
Country US
Market Cap 37.5B USD
ROIC
22%
Country CN
Market Cap 232.9B CNY
ROIC
10%
Country ZA
Market Cap 30B Zac
ROIC
13%
Country ZA
Market Cap 29.4B Zac
ROIC
27%

Profitability Report

View the profitability report to see the full profitability analysis for Shandong Longda Meishi 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
-21.8%
=
NOPAT
-1.2B
/
Invested Capital
5.5B
What is the ROIC of Shandong Longda Meishi Co Ltd?

Based on Shandong Longda Meishi Co Ltd's most recent financial statements, the company has ROIC of -21.8%.