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Wing Fung Group Asia (HKSE:08526) 1-Year ROIIC % : 43.31% (As of Jun. 2024)


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What is Wing Fung Group Asia 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. Wing Fung Group Asia's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was 43.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Wing Fung Group Asia's 1-Year ROIIC % or its related term are showing as below:

HKSE:08526's 1-Year ROIIC % is ranked better than
80.12% of 1489 companies
in the Construction industry
Industry Median: 2.7 vs HKSE:08526: 43.31

Wing Fung Group Asia 1-Year ROIIC % Historical Data

The historical data trend for Wing Fung Group Asia'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.

Wing Fung Group Asia 1-Year ROIIC % Chart

Wing Fung Group Asia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only 77.64 1.62 309.34 -455.11 43.38

Wing Fung Group Asia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only - -5,274.83 - 43.38 43.31

Competitive Comparison of Wing Fung Group Asia's 1-Year ROIIC %

For the Building Products & Equipment subindustry, Wing Fung Group Asia'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.


Wing Fung Group Asia's 1-Year ROIIC % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wing Fung Group Asia's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Wing Fung Group Asia's 1-Year ROIIC % falls into.



Wing Fung Group Asia 1-Year ROIIC % Calculation

Wing Fung Group Asia'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
=( -24.1589 (Jun. 2024) - -5.6923 (Jun. 2023) )/( 87.674 (Jun. 2024) - 130.313 (Jun. 2023) )
=-18.4666/-42.639
=43.31%***

* 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.


Wing Fung Group Asia  (HKSE:08526) 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.


Wing Fung Group Asia 1-Year ROIIC % Related Terms

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Wing Fung Group Asia Business Description

Traded in Other Exchanges
N/A
Address
1 Wang Kwong Road, Unit D, 21/F., Tower B, Billion Centre, Kowloon Bay, Kowloon, HKG
Wing Fung Group Asia Ltd is an investment holding company principally engaged in the provision of supply, installation, and fitting-out services of MVAC (mechanical ventilation and air-conditioning) systems for buildings. The Company's customers principally consist of main contractors and subcontractors of building projects. The building projects principally consist of infrastructural, commercial, and residential building projects, including offices, hotels, hospitals, data centers, shopping malls, and educational and training institutions. It receives maximum revenue from construction contracts. Geographically, the company derives the majority of its revenue from Hong Kong.
Executives
Wing Fung Capital Limited 2101 Beneficial owner
Chung Chi Keung 2201 Interest of corporation controlled by you

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