GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Emeren Group Ltd (NYSE:SOL) » Definitions » 5-Year ROIIC %

Emeren Group (Emeren Group) 5-Year ROIIC % : -6.82% (As of Dec. 2022)


View and export this data going back to 2008. Start your Free Trial

What is Emeren Group 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Emeren Group's 5-Year ROIIC % for the quarter that ended in Dec. 2022 was -6.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Emeren Group's 5-Year ROIIC % or its related term are showing as below:

SOL's 5-Year ROIIC % is ranked worse than
66.67% of 936 companies
in the Semiconductors industry
Industry Median: 2.805 vs SOL: -6.82

Emeren Group 5-Year ROIIC % Historical Data

The historical data trend for Emeren Group's 5-Year ROIIC % can be seen below:

* 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.

* Premium members only.

Emeren Group 5-Year ROIIC % Chart

Emeren Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.27 0.13 0.74 -0.87 -6.82

Emeren Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
5-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -6.82 - - -

Competitive Comparison of Emeren Group's 5-Year ROIIC %

For the Solar subindustry, Emeren Group's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Emeren Group's 5-Year ROIIC % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Emeren Group's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Emeren Group's 5-Year ROIIC % falls into.



Emeren Group 5-Year ROIIC % Calculation

Emeren Group's 5-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( -4.5514038 (Dec. 2022) - 5.9567816 (Dec. 2017) )/( 359.301 (Dec. 2022) - 205.172 (Dec. 2017) )
=-10.5081854/154.129
=-6.82%***

* 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 5-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.


Emeren Group  (NYSE:SOL) 5-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.


Emeren Group 5-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Emeren Group's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Emeren Group (Emeren Group) Business Description

Traded in Other Exchanges
Address
100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.
Executives
Capital Management Shah director, 10 percent owner 8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615