Shandong Gold Mining (600547.SS) Return on Invested Capital (ROIC)

Price: $25.97
Market Cap: $108.70B
Avg Volume: 33.04M
Country: CN
Industry: Gold
Sector: Basic Materials
Beta: 0.503
52W Range: $22.62-33.25
Website: Shandong Gold Mining

Return on Invested Capital (ROIC) Summary

Shandong Gold Mining 's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 2.79%
  • Quarterly: 0.93%
  • TTM: 4.46%

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 Shandong Gold Mining 's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 10.06%
    • Quarterly: 1.98%
    • TTM: 10.61%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 1.73%
    • Quarterly: 0.43%
    • TTM: 1.93%

These metrics provide insights into Shandong Gold Mining '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

2.79%

Quarterly ROIC

0.93%

TTM ROIC

4.46%

Shandong Gold Mining Historical ROIC

6.84%6.84%6.12%6.12%5.41%5.41%4.69%4.69%3.97%3.97%3.26%3.26%2.54%2.54%1.83%1.83%1.11%1.11%0.40%0.40%-0.32%-0.32%ROIC2.79%3.84%-0.32%5.30%5.34%2.78%3.75%5.94%3.87%5.47%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROE

11.57%11.57%10.34%10.34%9.12%9.12%7.89%7.89%6.67%6.67%5.45%5.45%4.22%4.22%3.00%3.00%1.78%1.78%0.55%0.55%-0.67%-0.67%ROE10.06%3.79%-0.67%7.04%5.58%4.05%6.97%8.33%6.08%9.03%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROA

5.24%5.24%4.69%4.69%4.14%4.14%3.60%3.60%3.05%3.05%2.50%2.50%1.95%1.95%1.40%1.40%0.85%0.85%0.30%0.30%-0.25%-0.25%ROA1.73%1.38%-0.25%3.17%2.22%1.95%2.70%4.56%2.59%3.68%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Shandong Gold Mining Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROIC ROE ROA
2023 2.79% 10.06% 1.73%
2022 3.84% 3.79% 1.38%
2021 -0.32% -0.67% -0.25%
2020 5.30% 7.04% 3.17%
2019 5.34% 5.58% 2.22%
2018 2.78% 4.05% 1.95%
2017 3.75% 6.97% 2.70%
2016 5.94% 8.33% 4.56%
2015 3.87% 6.08% 2.59%
2014 5.47% 9.03% 3.68%

Related Metrics

Explore detailed financial metrics and analysis for 600547.SS.