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Get Nice Financial Group (HKSE:01469) 3-Year ROIIC % : 1.15% (As of Mar. 2023)


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What is Get Nice Financial 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. Get Nice Financial Group's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 1.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:01469's 3-Year ROIIC % is ranked worse than
51.63% of 645 companies
in the Capital Markets industry
Industry Median: 1.69 vs HKSE:01469: 1.15

Get Nice Financial Group 3-Year ROIIC % Historical Data

The historical data trend for Get Nice Financial 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.

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Get Nice Financial Group 3-Year ROIIC % Chart

Get Nice Financial Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.30 -4.94 9.62 -4.64 1.15

Get Nice Financial Group Semi-Annual Data
Mar13 Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.15 -

Competitive Comparison of Get Nice Financial Group's 3-Year ROIIC %

For the Capital Markets subindustry, Get Nice Financial 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.


Get Nice Financial Group's 3-Year ROIIC % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Get Nice Financial Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Get Nice Financial Group's 3-Year ROIIC % falls into.



Get Nice Financial Group 3-Year ROIIC % Calculation

Get Nice Financial Group's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 255.2721248 (Mar. 2023) - 273.2702896 (Mar. 2020) )/( 2117.668 (Mar. 2023) - 3677.579 (Mar. 2020) )
=-17.9981648/-1559.911
=1.15%***

* 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.


Get Nice Financial Group  (HKSE:01469) 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.


Get Nice Financial Group 3-Year ROIIC % Related Terms

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Get Nice Financial Group (HKSE:01469) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen’s Road Central, 10th Floor Cosco Tower, Grand Millennium Plaza, Hong Kong, HKG
Get Nice Financial Group Ltd is an investment holding company. The company's segment includes Broking; Securities margin financing; Corporate finance; Asset Management and Investments. The company generates maximum revenue from the Securities margin financing segment. Geographically, the company derives a majority of its revenue from Hong Kong.

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