Gree Electric Appliances, of Zhuhai (000651.SZ) Return on Invested Capital (ROIC)

Price: $45.72
Market Cap: $252.46B
Avg Volume: 45.78M
Country: CN
Industry: Furnishings, Fixtures & Appliances
Sector: Consumer Cyclical
Beta: 0.543
52W Range: $36.74-52.73
Website: Gree Electric Appliances, of Zhuhai

Return on Invested Capital (ROIC) Summary

Gree Electric Appliances, of Zhuhai's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 15.76%
  • Quarterly: 2.83%
  • TTM: 15.61%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess Gree Electric Appliances, of Zhuhai's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 23.42%
    • Quarterly: 4.12%
    • TTM: 25.47%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 8.75%
    • Quarterly: 1.50%
    • TTM: 8.47%

These metrics provide insights into Gree Electric Appliances, of Zhuhai's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

15.76%

Quarterly ROIC

2.83%

TTM ROIC

15.61%

Gree Electric Appliances, of Zhuhai Historical ROIC

29.50%29.50%26.55%26.55%23.60%23.60%20.65%20.65%17.70%17.70%14.75%14.75%11.80%11.80%8.85%8.85%5.90%5.90%2.95%2.95%0.00%0.00%ROIC15.76%14.35%11.94%14.45%15.55%18.91%22.61%25.65%25.01%19.81%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Historical ROE

39.27%39.27%35.35%35.35%31.42%31.42%27.49%27.49%23.56%23.56%19.64%19.64%15.71%15.71%11.78%11.78%7.85%7.85%3.93%3.93%0.00%0.00%ROE23.42%24.84%25.33%22.25%19.25%22.42%28.69%34.15%28.63%26.37%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Historical ROA

11.99%11.99%10.79%10.79%9.60%9.60%8.40%8.40%7.20%7.20%6.00%6.00%4.80%4.80%3.60%3.60%2.40%2.40%1.20%1.20%0.00%0.00%ROA8.75%7.88%6.90%7.22%7.94%8.73%10.43%10.42%8.46%7.75%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Gree Electric Appliances, of Zhuhai Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROIC ROE ROA
2024 15.76% 23.42% 8.75%
2023 14.35% 24.84% 7.88%
2022 11.94% 25.33% 6.90%
2021 14.45% 22.25% 7.22%
2020 15.55% 19.25% 7.94%
2019 18.91% 22.42% 8.73%
2018 22.61% 28.69% 10.43%
2017 25.65% 34.15% 10.42%
2016 25.01% 28.63% 8.46%
2015 19.81% 26.37% 7.75%

Related Metrics

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