Asia Pioneer Entertainment Holdings (HKSE:08400) 3-Year ROIIC % : 1,910.09% (As of Dec. 2025) — 2941% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Asia Pioneer Entertainment Holdings 3-Year ROIIC %?

Asia Pioneer Entertainment Holdings HKSE:08400 -1.35% 3-Year ROIIC % is 1,910.09 as of Dec. 2025, which is 2941% above its 10-year median of 62.82. Among 791 Travel & Leisure companies, Asia Pioneer Entertainment Holdings ranks better than 99.24% on this metric.

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. Asia Pioneer Entertainment Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 1,910.09%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Asia Pioneer Entertainment Holdings's 3-Year ROIIC % or its related term are showing as below:

HKSE:08400's 3-Year ROIIC % is ranked better than
99.24% of 791 companies
in the Travel & Leisure industry
Industry Median: 4 vs HKSE:08400: 1910.09

Asia Pioneer Entertainment Holdings  (HKSE:08400) 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.


Asia Pioneer Entertainment Holdings 3-Year ROIIC % Related Terms


Asia Pioneer Entertainment Holdings 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Asia Pioneer Entertainment Holdings'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.

Asia Pioneer Entertainment Holdings 3-Year ROIIC % Chart

Asia Pioneer Entertainment Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.27 23.37 810.27 333.01 1,910.09

Asia Pioneer Entertainment Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 810.27 0.00 333.01 0.00 1,910.09

HKSE:08400 vs FLUT, DKNG, SGHC: 3-Year ROIIC % Comparison

For the Gambling subindustry, Asia Pioneer Entertainment Holdings'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.


Asia Pioneer Entertainment Holdings 3-Year ROIIC % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asia Pioneer Entertainment Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Asia Pioneer Entertainment Holdings's 3-Year ROIIC % falls into.



Asia Pioneer Entertainment Holdings 3-Year ROIIC % Calculation

Asia Pioneer Entertainment Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 6.845 (Dec. 2025) - -14.8345065 (Dec. 2022) )/( 8.167 (Dec. 2025) - 7.032 (Dec. 2022) )
=21.6795065/1.135
=1,910.09%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 1,910.09 mean?
Asia Pioneer Entertainment Holdings (HKSE:08400) has a 3-Year ROIIC % of 1,910.09 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Asia Pioneer Entertainment Holdings and its competitors. This is 2941% above median its historical median of 62.82. According to the industry distribution chart, Asia Pioneer Entertainment Holdings ranks #6 out of 791 companies in the Travel & Leisure industry, placing it in the top 0.8%.
Is Asia Pioneer Entertainment Holdings' 3-Year ROIIC % too high?
Asia Pioneer Entertainment Holdings' current 3-Year ROIIC % of 1,910.09 is 2941% above median its 10-year median of 62.82. The Travel & Leisure industry median 3-Year ROIIC % is 4.00. Asia Pioneer Entertainment Holdings' value of 1,910.09 is 47652.3% above this industry median. Based on the distribution chart, Asia Pioneer Entertainment Holdings ranks #6 out of 791 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers.
How does Asia Pioneer Entertainment Holdings' 3-Year ROIIC % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Asia Pioneer Entertainment Holdings ranks #6 out of 791 companies for 3-Year ROIIC %. This places Asia Pioneer Entertainment Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.00. Asia Pioneer Entertainment Holdings' value of 1,910.09 is 47652.3% above this benchmark. While the company's 10-year median is 62.82 vs. the industry median of 4.00, Asia Pioneer Entertainment Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Travel & Leisure company?
The median 3-Year ROIIC % among Travel & Leisure companies is 4.00, based on 791 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asia Pioneer Entertainment Holdings's current 3-Year ROIIC % of 1,910.09 is 47652.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Asia Pioneer Entertainment Holdings and its competitors. For the Travel & Leisure industry, the median 3-Year ROIIC % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Pioneer Entertainment Holdings's current 3-Year ROIIC % is 1,910.09, which is 2941% above median its own 10-year median of 62.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Pioneer Entertainment Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Pioneer Entertainment Holdings (HKSE:08400) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.07 — trading 8.8% below its estimated fair value. The current 3-Year ROIIC % is 1,910.09, which is 2941% above median its 10-year median of 62.82 and 47652.3% above the Travel & Leisure industry median of 4.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Asia Pioneer Entertainment Holdings (HKSE:08400), the current 3-Year ROIIC % is 1,910.09 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Asia Pioneer Entertainment Holdings Business Description

Address Em Macau, Estrada Marginal, Do Hipodromo NoS 56-66, Industrial Lee Cheung F10, Macau, MAC
Asia Pioneer Entertainment Holdings Ltd is an investment holding company. Its segments include EGE Business and Smart VM Business. EGE business engaged in three divisions Technical Sales and Distribution of Electronic Gaming Equipment, Consultancy and Technical Services, and Repair Services. Smart VM Business engaged in sales of various Macau-sourced products to consumers and travelers through Smart VM in the Macau SAR and the People's Republic of China. Its generate the majority of its revenue from the EGE business.