GURUFOCUS.COM » STOCK LIST » Technology » Software » Be Friends Holding Ltd (HKSE:01450) » Definitions » 3-Year ROIIC %

Be Friends Holding (HKSE:01450) 3-Year ROIIC % : 1,117.34% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Be Friends Holding 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. Be Friends Holding's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 1,117.34%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Be Friends Holding's 3-Year ROIIC % or its related term are showing as below:

HKSE:01450's 3-Year ROIIC % is ranked better than
99% of 2590 companies
in the Software industry
Industry Median: 3.135 vs HKSE:01450: 1117.34

Be Friends Holding 3-Year ROIIC % Historical Data

The historical data trend for Be Friends Holding'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.

Be Friends Holding 3-Year ROIIC % Chart

Be Friends Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.68 -42.89 -21.23 -105.32 1,117.34

Be Friends Holding Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - -105.32 - 1,117.34 -

Competitive Comparison of Be Friends Holding's 3-Year ROIIC %

For the Software - Application subindustry, Be Friends Holding'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.


Be Friends Holding's 3-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, Be Friends Holding's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Be Friends Holding's 3-Year ROIIC % falls into.



Be Friends Holding 3-Year ROIIC % Calculation

Be Friends Holding's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 121.3619316 (Dec. 2023) - -60.920142 (Dec. 2020) )/( 431.424 (Dec. 2023) - 415.11 (Dec. 2020) )
=182.2820736/16.314
=1,117.34%***

* 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.


Be Friends Holding  (HKSE:01450) 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.


Be Friends Holding 3-Year ROIIC % Related Terms

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


Be Friends Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 601 Qiuyi Road Changhe Street, Building 5, (Zhejiang) Pilot Free Trade Zone, Binjiang District, Hangzhou, CHN, 310056
Be Friends Holding Ltd engaged in the provision of new media services; application solutions; sales of self-developed products; and system maintenance services, for the all-media industry in the People's Republic of China (the PRC). The Group has operations mainly in the PRC. The company's segments include New media services; and Television broadcasting business. It derives the majority of its revenue from the New media services segment.
Executives
Li Jun
Starlink Vibrant Holdings Ltd.
Lu Jiayao
Yoshiaki Holding Corp
Silver Eternity Technology Ltd. 2401 A concert party to an agreement to buy shares
Xiao Xin 2401 A concert party to an agreement to buy shares
Golden Ocean Holdings Corp.
Guo Jing
Hao Dong Trust
Hongshan Limited
Liao Dong
Orange Grove Global Limited
Timeness Vision Limited
Wu Yongming
Teng Rongsong

Be Friends Holding Headlines

No Headlines