GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Redsun Properties Group Ltd (HKSE:01996) » Definitions » 3-Year ROIIC %

Redsun Properties Group (HKSE:01996) 3-Year ROIIC % : 10.42% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Redsun Properties Group 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. Redsun Properties Group's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 10.42%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:01996's 3-Year ROIIC % is ranked better than
71.24% of 1756 companies
in the Real Estate industry
Industry Median: 2.445 vs HKSE:01996: 10.42

Redsun Properties Group 3-Year ROIIC % Historical Data

The historical data trend for Redsun Properties Group'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.

Redsun Properties Group 3-Year ROIIC % Chart

Redsun Properties Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only 0.10 0.60 1.77 -14.39 10.42

Redsun Properties Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.77 - -14.39 - 10.42

Competitive Comparison of Redsun Properties Group's 3-Year ROIIC %

For the Real Estate - Development subindustry, Redsun Properties Group'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.


Redsun Properties Group's 3-Year ROIIC % Distribution in the Real Estate Industry

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

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



Redsun Properties Group 3-Year ROIIC % Calculation

Redsun Properties Group'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**
=( -1874.8082112 (Dec. 2023) - 1805.2978611 (Dec. 2020) )/( 60252.196 (Dec. 2023) - 95562.059 (Dec. 2020) )
=-3680.1060723/-35309.863
=10.42%***

* 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.


Redsun Properties Group  (HKSE:01996) 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.


Redsun Properties Group 3-Year ROIIC % Related Terms

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


Redsun Properties Group (HKSE:01996) Business Description

Traded in Other Exchanges
Address
No. 9 Daqiao North Road, 26th Floor, Hong Yang Building, Pukou District, Jiangsu Province, Nanjing, CHN
Redsun Properties Group Ltd is a China-based company engages in the property development business. It's business operations consist of three principal business segments: Property Development and Sales; Commercial Property Investment and Operations; and Hotel Operations. The company derived its revenue from sale of its developed residential properties and supporting retail properties, rental income from the investment in and operation of commercial properties, and service fee income from its hotel operaTions.
Executives
Hong Yang Group (holdings) Limited 2201 Interest of corporation controlled by you
Hong Yang Group Company Limited 2201 Interest of corporation controlled by you
Hong Yang International Limited 2201 Interest of corporation controlled by you
Redsun Properties Group (holdings) Limited 2101 Beneficial owner
Chen Sihong 2202 Interest of your spouse
Zeng Huansha 2201 Interest of corporation controlled by you

Redsun Properties Group (HKSE:01996) Headlines

No Headlines