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Million Cities Holdings (HKSE:02892) 1-Year ROIIC % : 47.76% (As of Jun. 2024)


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What is Million Cities Holdings 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Million Cities Holdings's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was 47.76%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Million Cities Holdings's 1-Year ROIIC % or its related term are showing as below:

HKSE:02892's 1-Year ROIIC % is ranked better than
84.13% of 1745 companies
in the Real Estate industry
Industry Median: 0.88 vs HKSE:02892: 47.76

Million Cities Holdings 1-Year ROIIC % Historical Data

The historical data trend for Million Cities Holdings's 1-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.

Million Cities Holdings 1-Year ROIIC % Chart

Million Cities Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only -31.57 -78.48 16.20 93.83 40.78

Million Cities Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
1-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 101.85 93.83 -11.43 40.78 47.76

Competitive Comparison of Million Cities Holdings's 1-Year ROIIC %

For the Real Estate - Development subindustry, Million Cities Holdings's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


Million Cities Holdings's 1-Year ROIIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Million Cities Holdings's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Million Cities Holdings's 1-Year ROIIC % falls into.



Million Cities Holdings 1-Year ROIIC % Calculation

Million Cities Holdings's 1-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -404.7469 (Jun. 2024) - 98.2705 (Jun. 2023) )/( 601.471 (Jun. 2024) - 1654.77 (Jun. 2023) )
=-503.0174/-1053.299
=47.76%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


Million Cities Holdings  (HKSE:02892) 1-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.


Million Cities Holdings 1-Year ROIIC % Related Terms

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Million Cities Holdings Business Description

Traded in Other Exchanges
N/A
Address
57 Ting Kok Road, Unit D, 21st Floor, Block 1, Tai Ping Industrial Centre, Tai Po New Territories, Hong Kong, HKG
Million Cities Holdings Ltd is an investment holding company engaged in property development. The company generates revenues from the sale of properties and gross rentals from properties. It derives all of its revenues from China.
Executives
East Asia International Trustees Limited 2301 Trustee
Fortune Speed Investments Ltd. 2101 Beneficial owner
Happy Family Assets Limited 2201 Interest of corporation controlled by you
Winnermax Management Limited 2201 Interest of corporation controlled by you
Wang Kam Chu 2202 Interest of your spouse
Wong Ting Chung 2305 Beneficiary of a trust
Tsoi Suet Ngai 2202 Interest of your spouse
Wong Ting Chun 2305 Beneficiary of a trust
Chan Ka Wai 2202 Interest of your spouse
Wong Ting Kau 2305 Beneficiary of a trust
Lau Ka Keung 2202 Interest of your spouse
Wong Wai Ling 2305 Beneficiary of a trust

Million Cities Holdings Headlines

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