FibroGen's Return on Invested Capital Overview
Portfolio Pulse from Benzinga Insights
FibroGen reported Q1 sales of $36.16 million and a loss of $76.70 million, a 15.91% decrease from last quarter. The company posted a Q1 return on invested capital (ROIC) of 155.76%, indicating effective capital allocation.

May 23, 2023 | 2:53 pm
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NEUTRAL IMPACT
FibroGen's Q1 results show a loss of $76.7M and a high ROIC of 155.76%, indicating effective capital allocation.
FibroGen's Q1 results show a loss, but a high return on invested capital (ROIC) of 155.76% indicates effective capital allocation. This suggests that the company is operating efficiently and may achieve favorable long-term returns. However, the short-term impact on the stock price is uncertain, as ROIC is not a highly reliable predictor of near-future earnings or sales.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100