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DevGreat Group (HKSE:00755) 10-Year ROIIC % : -2.64% (As of Dec. 2023)


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What is DevGreat Group 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. DevGreat Group's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was -2.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for DevGreat Group's 10-Year ROIIC % or its related term are showing as below:

HKSE:00755's 10-Year ROIIC % is ranked worse than
73.47% of 1632 companies
in the Real Estate industry
Industry Median: 1.785 vs HKSE:00755: -2.64

DevGreat Group 10-Year ROIIC % Historical Data

The historical data trend for DevGreat Group's 10-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.

* Premium members only.

DevGreat Group 10-Year ROIIC % Chart

DevGreat Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.96 -8.70 -56.61 4.24 -2.64

DevGreat Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
10-Year ROIIC % 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 - 4.24 - -2.64 -

Competitive Comparison of DevGreat Group's 10-Year ROIIC %

For the Real Estate - Development subindustry, DevGreat Group's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


DevGreat Group's 10-Year ROIIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DevGreat Group's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where DevGreat Group's 10-Year ROIIC % falls into.



DevGreat Group 10-Year ROIIC % Calculation

DevGreat Group's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 26.7765974 (Dec. 2023) - -196.2676624 (Dec. 2013) )/( 5364.021 (Dec. 2023) - 13800.432 (Dec. 2013) )
=223.0442598/-8436.411
=-2.64%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-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.


DevGreat Group  (HKSE:00755) 10-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.


DevGreat Group 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of DevGreat Group's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


DevGreat Group Business Description

Traded in Other Exchanges
N/A
Address
30 Harbour Road, Room 2429-2430, 24th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
DevGreat Group Ltd formerly, Shanghai Zendai Property Ltd is an investment holding company in the property development business. It is organized into three operating segments: Sales of properties; Hotel operations; and Property rental, management, and agency services. The majority of its revenue is derived from the Property rental, management, and agency services segment. All of the group's revenues are derived from the People's Republic of China.
Executives
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Innumberable Fortune Limited 2101 Beneficial owner
Li Zhen 2201 Interest of corporation controlled by you
Nantong Sanjian Holding (hk) Co., Limited 2101 Beneficial owner
Nan Tong San Jian Kong Gu You Xian Gong Si 2106 Person having a security interest in shares
China Orient Asset Management (international) Holding Limited 2106 Person having a security interest in shares
China Orient Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Dong Yin Development (holdings) Limited 2201 Interest of corporation controlled by you
Wise Leader Assets Ltd. 2201 Interest of corporation controlled by you

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