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Wang On Properties (HKSE:01243) 3-Year ROIIC % : 89.78% (As of Mar. 2024)


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What is Wang On Properties 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Wang On Properties's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 89.78%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Wang On Properties's 3-Year ROIIC % or its related term are showing as below:

HKSE:01243's 3-Year ROIIC % is ranked better than
94.61% of 1743 companies
in the Real Estate industry
Industry Median: 2.54 vs HKSE:01243: 89.78

Wang On Properties 3-Year ROIIC % Historical Data

The historical data trend for Wang On Properties's 3-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.

Wang On Properties 3-Year ROIIC % Chart

Wang On Properties Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.91 -49.40 -96.50 -43.50 89.78

Wang On Properties Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
3-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 - -43.50 - 89.78 -

Competitive Comparison of Wang On Properties's 3-Year ROIIC %

For the Real Estate - Development subindustry, Wang On Properties's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


Wang On Properties's 3-Year ROIIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wang On Properties's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Wang On Properties's 3-Year ROIIC % falls into.



Wang On Properties 3-Year ROIIC % Calculation

Wang On Properties's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -115.777817 (Mar. 2024) - 20.1120024 (Mar. 2021) )/( 8792.524 (Mar. 2024) - 8943.891 (Mar. 2021) )
=-135.8898194/-151.367
=89.78%***

* 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 3-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.


Wang On Properties  (HKSE:01243) 3-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.


Wang On Properties 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Wang On Properties's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Wang On Properties Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Kwong Road, Suite 3201, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Wang On Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development and trading, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong. It derives maximum revenue from Property development and trading.
Executives
Tang Ching Ho 2201 Interest of corporation controlled by you
Yau Yuk Yin 2202 Interest of your spouse

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