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Hangzhou Zhongya Machinery Co Ltd
SZSE:300512

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Hangzhou Zhongya Machinery Co Ltd
SZSE:300512
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Price: 5.96 CNY 11.19% Market Closed
Updated: Apr 18, 2024

ROIC
Return on Invested Capital

2.7%
Current
5%
Average
5.6%
Industry
Positive for the last year
2.7%
Positive average
5%
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
2.7%
=
NOPAT
54.9m
/
Invested Capital
2.1B

ROIC Across Competitors

ROIC Comparison
Hangzhou Zhongya Machinery Co Ltd Competitors

Country CN
Market Cap 2.4B CNY
ROIC
3%
Country SE
Market Cap 886.7B SEK
ROIC
22%
Country US
Market Cap 74.7B USD
ROIC
22%
Country US
Market Cap 69.4B USD
ROIC
11%
Country US
Market Cap 38.6B USD
ROIC
24%
Country US
Market Cap 36.1B USD
ROIC
7%
Country JP
Market Cap 5.3T JPY
ROIC
12%
Country US
Market Cap 30.5B USD
ROIC
7%
Country JP
Market Cap 4.7T JPY
ROIC
5%
Country US
Market Cap 28.1B USD
ROIC
7%
Country SE
Market Cap 300.3B SEK
ROIC
11%

Profitability Report

View the profitability report to see the full profitability analysis for Hangzhou Zhongya Machinery 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
2.7%
=
NOPAT
54.9m
/
Invested Capital
2.1B
What is the ROIC of Hangzhou Zhongya Machinery Co Ltd?

Based on Hangzhou Zhongya Machinery Co Ltd's most recent financial statements, the company has ROIC of 2.7%.