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Fineland Living Services Group (HKSE:09978) 3-Year ROIIC % : 4.58% (As of Dec. 2022)


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What is Fineland Living Services 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. Fineland Living Services Group's 3-Year ROIIC % for the quarter that ended in Dec. 2022 was 4.58%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:09978's 3-Year ROIIC % is not ranked
in the Real Estate industry.
Industry Median: 2.22 vs HKSE:09978: 4.58

Fineland Living Services Group 3-Year ROIIC % Historical Data

The historical data trend for Fineland Living Services 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.

Fineland Living Services Group 3-Year ROIIC % Chart

Fineland Living Services Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
3-Year ROIIC %
Get a 7-Day Free Trial 21.93 8.17 4,234.62 5.73 4.58

Fineland Living Services Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 5.73 - 4.58 -

Competitive Comparison of Fineland Living Services Group's 3-Year ROIIC %

For the Real Estate Services subindustry, Fineland Living Services 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.


Fineland Living Services Group's 3-Year ROIIC % Distribution in the Real Estate Industry

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

* The bar in red indicates where Fineland Living Services Group's 3-Year ROIIC % falls into.



Fineland Living Services Group 3-Year ROIIC % Calculation

Fineland Living Services Group'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**
=( 38.1447066 (Dec. 2022) - 23.6992587 (Dec. 2019) )/( 401.941 (Dec. 2022) - 86.777 (Dec. 2019) )
=14.4454479/315.164
=4.58%***

* 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.


Fineland Living Services Group  (HKSE:09978) 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.


Fineland Living Services Group 3-Year ROIIC % Related Terms

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Fineland Living Services Group (HKSE:09978) Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Tiyu East Road, Fineland Plaza, Tianhe District, Guangzhou, CHN
Fineland Living Services Group Ltd formerly Fineland Real Estate Services Group Ltd is principally engaged in the provision of comprehensive real estate agency services. The company through its operators in Guangzhou, China provides real estate agency services in both the primary and secondary property markets. It operates in the business segments of Real estate agency service which includes online property referral and agency service; Property research and consultancy service; and Integrated services.

Fineland Living Services Group (HKSE:09978) Headlines

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