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Midea Real Estate Holding (HKSE:03990) 1-Year ROIIC % : 4.88% (As of Jun. 2024)


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What is Midea Real Estate Holding 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. Midea Real Estate Holding's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was 4.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Midea Real Estate Holding's 1-Year ROIIC % or its related term are showing as below:

HKSE:03990's 1-Year ROIIC % is ranked better than
59.77% of 1745 companies
in the Real Estate industry
Industry Median: 0.88 vs HKSE:03990: 4.88

Midea Real Estate Holding 1-Year ROIIC % Historical Data

The historical data trend for Midea Real Estate Holding'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.

Midea Real Estate Holding 1-Year ROIIC % Chart

Midea Real Estate Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only 1.14 0.76 12.42 3.32 2.89

Midea Real Estate Holding Semi-Annual Data
Dec15 Dec16 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 2.76 3.32 3.44 2.89 4.88

Competitive Comparison of Midea Real Estate Holding's 1-Year ROIIC %

For the Real Estate - Development subindustry, Midea Real Estate Holding'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.


Midea Real Estate Holding's 1-Year ROIIC % Distribution in the Real Estate Industry

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

* The bar in red indicates where Midea Real Estate Holding's 1-Year ROIIC % falls into.



Midea Real Estate Holding 1-Year ROIIC % Calculation

Midea Real Estate Holding'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
=( 770.831 (Jun. 2024) - 3109.0054 (Jun. 2023) )/( 111498.348 (Jun. 2024) - 159411.158 (Jun. 2023) )
=-2338.1744/-47912.81
=4.88%***

* 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.


Midea Real Estate Holding  (HKSE:03990) 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.


Midea Real Estate Holding 1-Year ROIIC % Related Terms

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Midea Real Estate Holding Business Description

Traded in Other Exchanges
Address
No.1 Chengde Road, 34th Floor, Tower 4, Midea Real Estate Plaza, Shunde District, Guangdong Province, Foshan, CHN, 528311
Midea Real Estate Holding Ltd is a real estate development company that offers real estate services. It operates through three principal business segments: Property development and sales; Property management services; and Investment and operation of commercial properties. Property development and sales generates majority of the revenue.
Executives
He Jianfeng 2202 Interest of your spouse
He Xiangjian 2103 Interests held jointly with another person
Midea Development Holding (bvi) Limited 2101 Beneficial owner
Lu Deyan 2201 Interest of corporation controlled by you
Ya Ge Er Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner

Midea Real Estate Holding Headlines

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