3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Tianjin Tianbao Energy Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -30.80%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tianjin Tianbao Energy Co's 3-Year ROIIC % or its related term are showing as below:
HKSE:01671's 3-Year ROIIC % is ranked worse than 89.22% of 408
companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.255
vs HKSE:01671: -30.80
Tianjin Tianbao Energy Co 3-Year ROIIC % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Tianjin Tianbao Energy Co's 3-Year ROIIC %
For the Utilities - Independent Power Producers subindustry, Tianjin Tianbao Energy Co's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tianjin Tianbao Energy Co's 3-Year ROIIC % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Tianjin Tianbao Energy Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tianjin Tianbao Energy Co's 3-Year ROIIC % falls into.
Tianjin Tianbao Energy Co 3-Year ROIIC % Calculation
Tianjin Tianbao Energy Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Tianjin Tianbao Energy Co (HKSE:01671) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Tianjin Tianbao Energy Co 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Tianjin Tianbao Energy Co's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tianjin Tianbao Energy Co (HKSE:01671) Business Description
Tianjin Tianbao Energy Co Ltd is a power operator in the Tianjin Port Free Trade Zone (Seaport and Lingang). The company is engaged in the cogeneration of steam, together with electricity, heating and cooling. The company's operations comprise i) power generation and supply; ii) electricity dispatch and sale; iii) development and operation of distributed photovoltaic power generation stations and iv) contractual energy management, energy conservation management services, vehicle charging sales, electric vehicle charging infrastructure operation, and wind power generation technology services. Its operating segments include Electricity dispatch and sale business, Power generation and supply business, and Others. It derives revenue from Power generation and supply business.
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