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.
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.
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.
Hang Lung Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -18.59%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hang Lung Group's 3-Year ROIIC % or its related term are showing as below:
HNLGF's 3-Year ROIIC % is ranked worse than 85.35% of 1666
companies
in the Real Estate industry
Industry Median: 2.38
vs HNLGF: -18.59
Hang Lung Group (OTCPK:HNLGF) 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.
Hang Lung Group 3-Year ROIIC % Related Terms
Hang Lung Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Hang Lung 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.
HNLGF vs CBRE, BEKE, JLL: 3-Year ROIIC % Comparison
For the Real Estate Services subindustry, Hang Lung 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.
Hang Lung Group 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hang Lung Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hang Lung Group's 3-Year ROIIC % falls into.
* 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.
Hang Lung Group (HNLGF) has a 3-Year ROIIC % of -18.59 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 Hang Lung Group and its competitors. According to the industry distribution chart, Hang Lung Group ranks #1422 out of 1666 companies in the Real Estate industry, placing it in the top 85.4%.
Is Hang Lung Group's 3-Year ROIIC % too high?
Hang Lung Group's current 3-Year ROIIC % is -18.59. Based on the distribution chart, Hang Lung Group ranks #1422 out of 1666 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Hang Lung Group has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Hang Lung Group's 3-Year ROIIC % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hang Lung Group ranks #1422 out of 1666 companies for 3-Year ROIIC %. This places Hang Lung Group in the lower half of its industry. The industry median 3-Year ROIIC % is 2.38. 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 Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.38, based on 1,666 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. 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 Hang Lung Group and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hang Lung Group's current 3-Year ROIIC % is -18.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hang Lung Group stock overvalued right now?
Hang Lung Group (HNLGF) has a current 3-Year ROIIC % of -18.59. The stock's GF Value™ is $1.44, compared to a current price of $1.94 — trading 34.7% above its estimated fair value. The current 3-Year ROIIC % is -18.59. Hang Lung Group's overall GF Score™ is 62/100 with 6 warning signs to review. 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 Hang Lung Group (HNLGF), the current 3-Year ROIIC % is -18.59 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.
Is Hang Lung Group (HNLGF) Overvalued in 2026?
Based on GuruFocus' analysis, Hang Lung Group stock appears to be overvalued.
The current stock price of $1.94 is trading 34.7% above its estimated GF Value™ of $1.44.
Key valuation signals for HNLGF:
3-Year ROIIC %: -18.59
GF Value™: $1.44 vs. price of $1.94 (34.7% above fair value)
No single metric tells the full story. See the HNLGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hang Lung Group Ltd is an investment holding company. Through its subsidiaries, it is engaged in property development for sales and leasing, property investment for rental income, and other investments. The Group also operates in property management, and through its joint ventures, is involved in the provision of dry and laundry cleaning services. Its reportable segments are Property Leasing, Hotels, and Property Sales. Maximum revenue is generated from the Property Leasing segment, which includes leasing of a portfolio of commercial, office, and residential properties in Mainland China and Hong Kong. Geographically, the Group generates maximum revenue from the Chinese Mainland and the rest from Hong Kong.
62GF Score
Get the complete analysis for HNLGF
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HNLGF has been successfully added to your 
