Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of -35.65% is 36% above its 5-year average of -55.52%, near the high end of its 5-year range (-103.74%–-8.36%).
As of the fiscal period ended Tuesday, September 30, 2025. 1.11% below its 12-month average of -35.26%.
Annual fiscal-year return on invested capital; no daily interpolation. Historical series through 2025-09-30.
RETURN ON INVESTED CAPITAL (ROIC)
-35.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-35.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-55.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-55.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-44.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-19.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-1.11%
CURRENT VS 3Y AVG
+35.48%
CURRENT VS 5Y AVG
+35.79%
CURRENT VS 10Y AVG
+20.62%
CURRENT VS 15Y AVG
-87.52%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
5.93%
median of 112 covered companies
CURRENT VS SECTOR MEDIAN
-701.18%
vs the sector median at left
Antelope Enterprise Holdings Limited
Market Cap
$10.37M
Return on Invested Capital (ROIC)
-35.65%
TTM Avg
-35.26%
3Y Avg
-55.25%
5Y Avg
-55.52%
Market Cap
$10.56M
Return on Invested Capital (ROIC)
-43.71%
TTM Avg
-11.39%
3Y Avg
-4.30%
5Y Avg
1.29%
Market Cap
$9.80M
Return on Invested Capital (ROIC)
-3.20%
TTM Avg
-2.50%
3Y Avg
0.35%
5Y Avg
1.92%
Market Cap
$8.62M
Return on Invested Capital (ROIC)
-123.95%
TTM Avg
-63.77%
3Y Avg
-34.26%
5Y Avg
-27.44%
Market Cap
$7.92M
Return on Invested Capital (ROIC)
9.68%
TTM Avg
-278.77%
3Y Avg
-278.77%
5Y Avg
-65.39%
Market Cap
$7.00M
Return on Invested Capital (ROIC)
-2.31%
TTM Avg
-0.16%
3Y Avg
7.61%
5Y Avg
10.59%
Market Cap
$6.43M
Return on Invested Capital (ROIC)
-24.53%
TTM Avg
-24.05%
3Y Avg
-27.07%
5Y Avg
-27.72%
Market Cap
$5.01M
Return on Invested Capital (ROIC)
-1.38%
TTM Avg
-0.69%
3Y Avg
-7.02%
5Y Avg
-6.02%
Market Cap
$16.61M
Return on Invested Capital (ROIC)
-14.03%
TTM Avg
-4.80%
3Y Avg
-1.40%
5Y Avg
1.46%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Antelope Enterprise Holdings Limited (AEHL) | $10.37M | -35.65% | -35.26% | -55.25% | -55.52% |
| Jewett-Cameron Trading Company Ltd. (JCTC)vs › | $10.56M | -43.71% | -11.39% | -4.30% | 1.29% |
| Huadi International Group Co., Ltd. (HUDI)vs › | $9.80M | -3.20% | -2.50% | 0.35% | 1.92% |
| Blue Gold Limited (BGL)vs › | $8.62M | -123.95% | -63.77% | -34.26% | -27.44% |
| Atlas Critical Minerals Corporation (ATCX)vs › | $7.92M | 9.68% | -278.77% | -278.77% | -65.39% |
| Bon Natural Life Limited (BON)vs › | $7.00M | -2.31% | -0.16% | 7.61% | 10.59% |
| Foremost Clean Energy Ltd. (FMST)vs › | $6.43M | -24.53% | -24.05% | -27.07% | -27.72% |
| China Natural Resources, Inc. (CHNR)vs › | $5.01M | -1.38% | -0.69% | -7.02% | -6.02% |
| Mercer International Inc. (MERC)vs › | $16.61M | -14.03% | -4.80% | -1.40% | 1.46% |
| Gulf Resources, Inc. (GURE)vs › | $4.15M | -4.06% | -10.21% | -5.61% | -4.14% |
ROIC
-35.6%
ROE
-53.8%
ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)
Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-09-30 | -35.65% |
| 2024-12-31 | -34.87% |
| 2023-12-31 | -74.98% |
| 2022-12-31 | -75.50% |
| 2021-12-31 | -8.36% |
| 2020-12-31 | -103.74% |
| 2019-12-31 | -7.61% |
| 2018-12-31 | -143.44% |
| 2017-12-31 | -6.65% |
| 2016-12-31 | -11.39% |
| 2015-12-31 | 8.19% |
| 2014-12-31 | 3.98% |
| 2013-12-31 | 1.08% |
| 2012-12-31 | 16.54% |
| 2011-12-31 | 21.23% |
| 2010-12-31 | 22.56% |
| 2009-12-31 | 28.42% |
| 2008-12-31 | 60.41% |
| 2007-12-31 | 57.55% |
