Miramar Hotel & Investment Co (HKSE:00071) 5-Year ROIIC % : -8.36% (As of Dec. 2023)

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What is Miramar Hotel & Investment Co 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Miramar Hotel & Investment Co's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was -8.36%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Miramar Hotel & Investment Co's 5-Year ROIIC % or its related term are showing as below:

HKSE:00071's 5-Year ROIIC % is ranked worse than
79.43% of 1721 companies
in the Real Estate industry
Industry Median: 1.73 vs HKSE:00071: -8.36

Miramar Hotel & Investment Co 5-Year ROIIC % Historical Data

The historical data trend for Miramar Hotel & Investment Co's 5-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Miramar Hotel & Investment Co 5-Year ROIIC % Chart

Miramar Hotel & Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

5-Year ROIIC %

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13.24

-17.20

-23.74

-31.13

-8.36

Miramar Hotel & Investment Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
5-Year ROIIC %	Get a 7-Day Free Trial															-23.74	-	-31.13	-	-8.36

Competitive Comparison of Miramar Hotel & Investment Co's 5-Year ROIIC %

For the Real Estate Services subindustry, Miramar Hotel & Investment Co's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Miramar Hotel & Investment Co's 5-Year ROIIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Miramar Hotel & Investment Co's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Miramar Hotel & Investment Co's 5-Year ROIIC % falls into.

Miramar Hotel & Investment Co 5-Year ROIIC % Calculation

Miramar Hotel & Investment Co's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %	=	5-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	5-Year Incremental Invested Capital^**
	=	( 875.5873794 (Dec. 2023) - 929.3107264 (Dec. 2018) )	/	( 16145.75 (Dec. 2023) - 15503.127 (Dec. 2018) )
	=	-53.723347	/	642.623
	=	-8.36%^***

** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Miramar Hotel & Investment Co (HKSE:00071) 5-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

Miramar Hotel & Investment Co 5-Year ROIIC % Related Terms

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Miramar Hotel & Investment Co (HKSE:00071) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Miramar Hotel & Investment Co Ltd (HKSE:00071) » Definitions » 5-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

132 Nathan Road, 15th Floor, Mira Place Tower A, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.miramar-group.com

Miramar Hotel & Investment Co Ltd is an investment holding company. It operates in five segments: Property rental, which includes leasing of office and retail premises to generate rental income and to gain from the appreciation in properties values in the long term; Hotels & serviced apartments segment operates hotels and serviced apartments and provision of hotel management services; Food & beverage operation segment operates restaurants; Travel operation segment is engaged in the operation of travel agency services; and Others. Its geographical segments are Hong Kong and China, of which Hong Kong accounts for the majority of its revenue.

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