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Century Plaza Hotel Group (HKSE:08315) ROIC % : 0.00% (As of Sep. 2024)


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What is Century Plaza Hotel Group ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Century Plaza Hotel Group's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2024 was 0.00%.

As of today (2025-03-15), Century Plaza Hotel Group's WACC % is 3.00%. Century Plaza Hotel Group's ROIC % is -27.87% (calculated using TTM income statement data). Century Plaza Hotel Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Century Plaza Hotel Group ROIC % Historical Data

The historical data trend for Century Plaza Hotel Group's ROIC % 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.

* Premium members only.

Century Plaza Hotel Group ROIC % Chart

Century Plaza Hotel Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -69.92 -19.68 -23.05 -23.19 -43.39

Century Plaza Hotel Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -36.37 -38.88 -47.22 - -

Competitive Comparison of Century Plaza Hotel Group's ROIC %

For the Security & Protection Services subindustry, Century Plaza Hotel Group'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.


Century Plaza Hotel Group's ROIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Century Plaza Hotel Group's ROIC % distribution charts can be found below:

* The bar in red indicates where Century Plaza Hotel Group's ROIC % falls into.



Century Plaza Hotel Group ROIC % Calculation

Century Plaza Hotel Group's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2024 is calculated as:

ROIC % (A: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2023 ) + Invested Capital (A: Mar. 2024 ))/ count )
=-22.79 * ( 1 - 0% )/( (56.886 + 48.152)/ 2 )
=-22.79/52.519
=-43.39 %

where

Century Plaza Hotel Group's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Sep. 2024 is calculated as:

ROIC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=0 * ( 1 - 0% )/( (48.152 + 28.252)/ 2 )
=0/38.202
=0.00 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) 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.


Century Plaza Hotel Group  (HKSE:08315) 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, Century Plaza Hotel Group's WACC % is 3.00%. Century Plaza Hotel Group's ROIC % is -27.87% (calculated using TTM income statement data).


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.


Century Plaza Hotel Group ROIC % Related Terms

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Century Plaza Hotel Group Business Description

Traded in Other Exchanges
N/A
Address
199 Des Voeux Road Central, Unit 3502, 35 Floor, The Infinitus Plaza, Sheung Wan, Hong Kong, HKG
Century Plaza Hotel Group is an investment holding company. Its segments include the Security Guarding and Property Management and Human Resources Services segment which involves the provision of security guarding and property management services; and the Asset Management services segment which involves the provision of business advisory and asset management services; and the hospitality catering and beverage services segment involves operation of a Chinese restaurant. It has a business presence in Hong Kong and the PRC, of which key revenue is derived from the PRC.
Executives
Song Xiaoming 2201 Interest of corporation controlled by you
Walle Holding Limited 2101 Beneficial owner
Greatwalle Holding Limited
Guang Zhou Nan Sha Qu Hui Ming Tou Zi Ye Wu You Xian Gong Si
Shen Zhen Hui Li Jiu Hao Tou Zi Zi Xun Qi Ye You Xian He Huo
Shen Zhen Chang Cheng Hui Li Tou Zi Gu Fen You Xian Gong Si

Century Plaza Hotel Group Headlines

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