What is China New Town Development Co 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.
China New Town Development Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 0.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
* 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.
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China New Town Development Co 3-Year ROIIC % Chart
Competitive Comparison of China New Town Development Co's 3-Year ROIIC %
For the Real Estate - Development subindustry, China New Town Development Co'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.
China New Town Development Co's 3-Year ROIIC % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, China New Town Development Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where China New Town Development Co's 3-Year ROIIC % falls into.
China New Town Development Co 3-Year ROIIC % Calculation
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 8.9203398 (Dec. 2023) - 8.9276265 (Dec. 2020) )
/
( 4649.016 (Dec. 2023) - 4792.609 (Dec. 2020) )
=
-0.0072867000000016
/
-143.593
=
0.01%***
* 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.
China New Town Development Co (HKSE:01278) 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.
China New Town Development Co 3-Year ROIIC % Related Terms
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China New Town Development Co Business Description
China New Town Development Co Ltd is engaged in the real estate business. The company is a new town developer in Mainland China and has been engaged in the investment and operation of new types of urbanization and primary land development. The operating segments of the company are the Land development segment which provides land infrastructure development, and construction of ancillary public facilities; the Urbanization development segment which is responsible for investments in new town projects; Property leasing segment which provides property leasing services of investment property; and Others segment which includes the provision of other services. It derives maximum revenue from the Urbanization development segment.
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