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Yuzhou Group Holdings Co (HKSE:01628) ROC (Joel Greenblatt) % : -102.13% (As of Dec. 2023)


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What is Yuzhou Group Holdings Co ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Yuzhou Group Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -102.13%.

The historical rank and industry rank for Yuzhou Group Holdings Co's ROC (Joel Greenblatt) % or its related term are showing as below:

HKSE:01628' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -134.33   Med: 35.41   Max: 70.35
Current: -134.33

During the past 13 years, Yuzhou Group Holdings Co's highest ROC (Joel Greenblatt) % was 70.35%. The lowest was -134.33%. And the median was 35.41%.

HKSE:01628's ROC (Joel Greenblatt) % is ranked worse than
91.87% of 1784 companies
in the Real Estate industry
Industry Median: 10.375 vs HKSE:01628: -134.33

Yuzhou Group Holdings Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Yuzhou Group Holdings Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Yuzhou Group Holdings Co's ROC (Joel Greenblatt) % 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.

Yuzhou Group Holdings Co ROC (Joel Greenblatt) % Chart

Yuzhou Group Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.35 6.08 37.19 -98.06 -99.04

Yuzhou Group Holdings Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROC (Joel Greenblatt) % 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 8.18 14.12 -195.38 -210.73 -102.13

Competitive Comparison of Yuzhou Group Holdings Co's ROC (Joel Greenblatt) %

For the Real Estate - Development subindustry, Yuzhou Group Holdings Co's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.


Yuzhou Group Holdings Co's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yuzhou Group Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Yuzhou Group Holdings Co's ROC (Joel Greenblatt) % falls into.



Yuzhou Group Holdings Co ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 54060.116 + 2739.369) - (34900.929 + 0 + 23013.306)
=-1114.75

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 51371.036 + 7219.441) - (35062.792 + 0 + 16577.775)
=6949.91

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Yuzhou Group Holdings Co for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6170.396/( ( (2426.458 + max(-1114.75, 0)) + (2707.046 + max(6949.91, 0)) )/ 2 )
=-6170.396/( ( 2426.458 + 9656.956 )/ 2 )
=-6170.396/6041.707
=-102.13 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

* 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.


Yuzhou Group Holdings Co  (HKSE:01628) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Yuzhou Group Holdings Co ROC (Joel Greenblatt) % Related Terms

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Yuzhou Group Holdings Co (HKSE:01628) Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, Units 5801-02, 58/F, The Center, Hong Kong, HKG
Yuzhou Group Holdings Co Ltd is a property developer. The company is an integrated enterprise with diversified businesses, operating through five reportable segments. Property development, which engages in the development and sale of properties. Property investment, which invests in properties for rental income or capital appreciation. Property management, which provides property management services. Hotel operations, which engages in the operation of hotels. Others, which includes corporate income and expense items. The company generates all revenue from Mainland China.
Executives
Studious Profits Limited 2101 Beneficial owner
Plentiful Wise Developments Limited 2101 Beneficial owner
Kwok Ying Lan 2101 Beneficial owner
Lam Lung On 2101 Beneficial owner
Pacific Climax Limited 2201 Interest of corporation controlled by you
Shen Zhen Hua Qiao Cheng Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Qiao Cheng Ya Zhou Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Qiao Cheng Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Chang Guo Ji You Xian Gong Si 2101 Beneficial owner
Hua Qin Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Xiang Gang Hua Qiao Cheng You Xian Gong Si 2201 Interest of corporation controlled by you

Yuzhou Group Holdings Co (HKSE:01628) Headlines

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