Shandong Hi-tech Spring Material Technology Co

Shandong Hi-tech Spring Material Technology Co ROIC

The Return on Invested Capital (ROIC) of Shandong Hi-tech Spring Material Technology Co (301292.SZ) as of Oct 19, 2026 is -5.49 %. In the previous year, Return on Invested Capital (ROIC) was -7.50 % — a change of -26.78% (higher).

ROIC

-5.49 %

YoY

-26.78%

Last updated:

Return on Invested Capital (ROIC) of Shandong Hi-tech Spring Material Technology Co is 2025 -5.49 % . Return on Invested Capital (ROIC) of Shandong Hi-tech Spring Material Technology Co was 2024 -7.50 % . It decreases by -26.78% higher compared to the previous year.

The Shandong Hi-tech Spring Material Technology Co ROIC history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROIC
Date
ROIC
Jan 1, 2020
9.03 CNY
Jan 1, 2021
26.86 CNY
Jan 1, 2022
12.05 CNY
Jan 1, 2023
0.85 CNY
Jan 1, 2024
-7.50 CNY
Jan 1, 2025
-5.49 CNY
The Shandong Hi-tech Spring Material Technology Co ROIC history
YEARROICYoY
-5.49 %-26.78%
-7.50 %-978.80%
0.85 %-92.92%
12.05 %-55.13%
26.86 %+197.61%
9.03 %—

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Shandong Hi-tech Spring Material Technology Co Stock analysis

What does Shandong Hi-tech Spring Material Technology Co do? Shandong Hi-tech Spring Material Technology Co Ltd, headquartered in Dongying, China, operates in the Materials sector within the Chemicals industry. The company employs 1,143 full-time staff and is listed on 7 July 2023. It specializes in the research, development, production, and sales of electrolyte solvents for lithium-ion batteries and fine chemicals, including products like propylene glycol, isopropanol, and dimethyl carbonate. These are used in lithium-ion battery electrolytes, medicine, cosmetics, and other applications, serving both domestic and international markets. Shandong Hi-tech Spring Material Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shandong Hi-tech Spring Material Technology Co stock

Return on Invested Capital (ROIC) of Shandong Hi-tech Spring Material Technology Co is -5.49 % in 2025.

Return on Invested Capital (ROIC) of Shandong Hi-tech Spring Material Technology Co changed from -7.50 % to -5.49 %, representing a -26.78% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Invested Capital (ROIC) Shandong Hi-tech Spring Material Technology Co since 2006 – with annual values, charts, and detailed analysis.

ROIC measures how effectively a company uses its invested capital to generate profits. A ROIC above the cost of capital creates shareholder value.

ROIC = NOPAT / Invested Capital

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Invested Capital (ROIC)'s Shandong Hi-tech Spring Material Technology Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Invested Capital (ROIC)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Invested Capital (ROIC).

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Profitability — Shandong Hi-tech Spring Material Technology Co

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Shandong Hi-tech Spring Material Technology Co