5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year.
Joy City Property's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was -2.55%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Joy City Property's 5-Year ROIIC % or its related term are showing as below:
HKSE:00207's 5-Year ROIIC % is ranked worse than 70.34% of 1723
companies
in the Real Estate industry
Industry Median: 1.72
vs HKSE:00207: -2.55
Joy City Property 5-Year ROIIC % Historical Data
The historical data trend for Joy City Property's 5-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.
Competitive Comparison of Joy City Property's 5-Year ROIIC %
For the Real Estate - Diversified subindustry, Joy City Property's 5-Year ROIIC %, along with its competitors' market caps and 5-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.
Joy City Property's 5-Year ROIIC % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Joy City Property's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Joy City Property's 5-Year ROIIC % falls into.
Joy City Property 5-Year ROIIC % Calculation
Joy City Property's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
5-Year ROIIC %
=
5-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* 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 5-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.
Joy City Property (HKSE:00207) 5-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.
Joy City Property 5-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Joy City Property's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Joy City Property (HKSE:00207) Business Description
Joy City Property Ltd is a large-scale commercial property developer and operator, working on the development, operation, sales, leasing and management of mixed-use complexes and other commercial properties such as shopping centers, hotels, offices, serviced apartments and resort and tourist properties in China. Rental income accounts for majority of the operating profit. The company's portfolio consists of various retail malls under the flagship brand of Joy City, and some office and hotel assets. Recently, it introduced a second brand called Joy Breeze, consisting of smaller retail assets. The businesses of the Group are divided into four areas, namely investment properties, property development, hotel operations and output management and other services.
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