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Greentown Management Holdings Co (HKSE:09979) 3-Year ROIIC %

: 20.18% (As of Dec. 2022)
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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. Greentown Management Holdings Co's 3-Year ROIIC % for the quarter that ended in Dec. 2022 was 20.18%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:09979's 3-Year ROIIC % is ranked better than
82% of 1756 companies
in the Real Estate industry
Industry Median: 2.22 vs HKSE:09979: 20.18

Greentown Management Holdings Co 3-Year ROIIC % Historical Data

The historical data trend for Greentown Management Holdings Co'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.

Greentown Management Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Premium Member Only Premium Member Only - 19.57 13.49 20.18 -

Greentown Management Holdings Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year ROIIC % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.49 - 20.18 - -

Competitive Comparison

For the Real Estate Services subindustry, Greentown Management Holdings Co'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.


Greentown Management Holdings Co 3-Year ROIIC % Distribution

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

* The bar in red indicates where Greentown Management Holdings Co's 3-Year ROIIC % falls into.



Greentown Management Holdings Co 3-Year ROIIC % Calculation

Greentown Management Holdings Co'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**
=( 710.2561851 (Dec. 2022) - 444.5948246 (Dec. 2019) )/( 3094.383 (Dec. 2022) - 1777.995 (Dec. 2019) )
=265.6613605/1316.388
=20.18%***

* 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.


Greentown Management Holdings Co  (HKSE:09979) 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.


Greentown Management Holdings Co 3-Year ROIIC % Related Terms

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Greentown Management Holdings Co (HKSE:09979) Business Description

Traded in Other Exchanges
N/A
Address
767 Wen Yi West Road, Xixi International, 9th Floor, Block C, Xihu District, Zhejiang, Hangzhou, CHN
Greentown Management Holdings Co Ltd is the project management company in the PRC. The company's operating segments are Commercial Project Management, Government Project Management, and Other Services. The firm generates a majority of its revenue from Commercial project management which is engaged in providing property development management service to project owner; Governmental project management provides property development management service to the government on resettlement housing property development projects and public infrastructure.

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