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Longfor Group Holdings (HKSE:00960) 3-Year ROIIC % : 6.27% (As of Dec. 2022)


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What is Longfor Group Holdings 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. Longfor Group Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2022 was 6.27%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:00960's 3-Year ROIIC % is ranked better than
64.88% of 1754 companies
in the Real Estate industry
Industry Median: 2.265 vs HKSE:00960: 6.27

Longfor Group Holdings 3-Year ROIIC % Historical Data

The historical data trend for Longfor Group 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.

* Premium members only.

Longfor Group Holdings 3-Year ROIIC % Chart

Longfor Group Holdings 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 5.91 5.94 4.64 6.27 -

Longfor Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.64 - 6.27 - -

Competitive Comparison of Longfor Group Holdings's 3-Year ROIIC %

For the Real Estate - Development subindustry, Longfor Group 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.


Longfor Group Holdings's 3-Year ROIIC % Distribution in the Real Estate Industry

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

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



Longfor Group Holdings 3-Year ROIIC % Calculation

Longfor Group Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 32915.2012774 (Dec. 2022) - 25898.5925594 (Dec. 2019) )/( 587814.962 (Dec. 2022) - 475833.358 (Dec. 2019) )
=7016.608718/111981.604
=6.27%***

* 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.


Longfor Group Holdings  (HKSE:00960) 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.


Longfor Group Holdings 3-Year ROIIC % Related Terms

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Longfor Group Holdings (HKSE:00960) Business Description

Traded in Other Exchanges
Address
No. 8 Beiyuan Street, Building 6, Beijing Longfor Blue Engine Industrial Park, Chaoyang District, Beijing, CHN, 100012
Longfor Group Holdings, or Longfor, is a privately owned real estate developer in China with contracted sales value placing it among the top 10 of all China's developers. The company focuses on developing high-quality residential projects, as well as operating shopping malls and rental apartments in China's wealthier cities. Property development represents the majority of Longfor's revenue and gross profit, while income from commercial properties, property management, and project management services have been growing fast. At the end of 2022, Wu Yajun remained Longfor's largest shareholder with an over 43% equity interest, while her ex-husband Cai Kui has a 23% stake.

Longfor Group Holdings (HKSE:00960) Headlines

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