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Gaona Aero Material Co Ltd
SZSE:300034

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Gaona Aero Material Co Ltd
SZSE:300034
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Price: 18.12 CNY 4.44% Market Closed
Updated: Apr 25, 2024

ROIC
Return on Invested Capital

9.2%
Current
8%
Average
4.9%
Industry
Positive for the last year
9.2%
Positive average
8%
Better 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
9.2%
=
NOPAT
488m
/
Invested Capital
5.5B

ROIC Across Competitors

ROIC Comparison
Gaona Aero Material Co Ltd Competitors

Country CN
Market Cap 14.1B CNY
ROIC
9%
Country NL
Market Cap 127.7B EUR
ROIC
4%
Country US
Market Cap 133B USD
ROIC
2%
Country US
Market Cap 110B USD
ROIC
15%
Country US
Market Cap 102B USD
ROIC
-1%
Country FR
Market Cap 87.7B EUR
ROIC
7%
Country US
Market Cap 75.9B USD
ROIC
7%
Country US
Market Cap 71B USD
ROIC
6%
Country US
Market Cap 67.7B USD
ROIC
15%
Country UK
Market Cap 41.4B GBP
ROIC
9%
Country UK
Market Cap 35.1B GBP
ROIC
8%

Profitability Report

View the profitability report to see the full profitability analysis for Gaona Aero Material 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
9.2%
=
NOPAT
488m
/
Invested Capital
5.5B
What is the ROIC of Gaona Aero Material Co Ltd?

Based on Gaona Aero Material Co Ltd's most recent financial statements, the company has ROIC of 9.2%.