Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Hanfort Development Holdings's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was -4.95%.
As of today (2026-09-05), Hanfort Development Holdings's WACC % is 11.46%. Hanfort Development Holdings's ROIC % is -0.79% (calculated using TTM income statement data).
Hanfort Development Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Hanfort Development Holdings (HKSE:00361) ROIC % Explanation
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Hanfort Development Holdings's WACC % is 11.46%. Hanfort Development Holdings's ROIC % is -0.79% (calculated using TTM income statement data).
Hanfort Development Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Hanfort Development Holdings ROIC % Related Terms
Hanfort Development Holdings ROIC % Historical Data
* 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.
For the Leisure subindustry, Hanfort Development Holdings's ROIC %, along with its competitors' market caps and ROIC % 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.
Hanfort Development Holdings ROIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Hanfort Development Holdings's ROIC % distribution charts can be found below:
* The bar in red indicates where Hanfort Development Holdings's ROIC % falls into.
Note:
The Operating Income data used here is two times the semi-annual (Dec. 2025) data.
The tax rate is limited to between 0% and 100%.
* 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.
Hanfort Development Holdings (HKSE:00361) has a ROIC % of -4.95% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Hanfort Development Holdings and its competitors.
Is Hanfort Development Holdings' ROIC % too high?
Hanfort Development Holdings' current ROIC % is -4.95%.
How does Hanfort Development Holdings' ROIC % compare to AS and HAS?
Hanfort Development Holdings' ROIC % of -4.95% can be compared against companies in the Travel & Leisure industry. The industry median ROIC % is 3.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Travel & Leisure company?
The median ROIC % among Travel & Leisure companies is 3.69, based on 836 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Hanfort Development Holdings and its competitors. For the Travel & Leisure industry, the median ROIC % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanfort Development Holdings's current ROIC % is -4.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanfort Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hanfort Development Holdings (HKSE:00361) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.04 — trading 30% above its estimated fair value. The current ROIC % is -4.95%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Hanfort Development Holdings (HKSE:00361), the current ROIC % is -4.95% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Hanfort Development Holdings Ltd is principally engaged in the manufacturing and trading of golf equipment, golf bags, other accessories, related components and parts; and the development of an integrated resort, the Commonwealth of the Northern Mariana Islands (the CNMI). The company has three segments: Golf equipment, Golf bags, and Hospitality. Golf equipment: Manufacture and sales of golf equipment and related components and parts. Golf bags: Trading of golf bags, other accessories, and related components and parts. Hospitality: Development of an integrated resort in CNMI. The majority of its revenue is generated from the Golf equipment segment. Geographically, the company operates in North America, Japan, Europe, Asia (excluding Japan), and other locations.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00361 has been successfully added to your 
