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ZW Data Action Technologies (LTS:0HXO) ROC (Joel Greenblatt) % : -123.92% (As of Sep. 2023)


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What is ZW Data Action Technologies 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. ZW Data Action Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -123.92%.

The historical rank and industry rank for ZW Data Action Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:

LTS:0HXO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3327.34   Med: -153.54   Max: 6.51
Current: -145.17

During the past 13 years, ZW Data Action Technologies's highest ROC (Joel Greenblatt) % was 6.51%. The lowest was -3327.34%. And the median was -153.54%.

LTS:0HXO's ROC (Joel Greenblatt) % is ranked worse than
85.06% of 1044 companies
in the Media - Diversified industry
Industry Median: 10.62 vs LTS:0HXO: -145.17

ZW Data Action Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 33.40% per year.


ZW Data Action Technologies ROC (Joel Greenblatt) % Historical Data

The historical data trend for ZW Data Action Technologies'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.

ZW Data Action Technologies ROC (Joel Greenblatt) % Chart

ZW Data Action Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,327.34 -53.96 -241.21 -366.55 -159.76

ZW Data Action Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -110.66 -205.13 -137.35 -126.19 -123.92

Competitive Comparison of ZW Data Action Technologies's ROC (Joel Greenblatt) %

For the Advertising Agencies subindustry, ZW Data Action Technologies'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.


ZW Data Action Technologies's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ZW Data Action Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where ZW Data Action Technologies's ROC (Joel Greenblatt) % falls into.



ZW Data Action Technologies 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)
=(1.045 + 0 + 7.389) - (3.467 + 0.912 + 0.236)
=3.819

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.771 + 0 + 7.296) - (3.483 + 1.133 + 0.162)
=3.289

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of ZW Data Action Technologies for the quarter that ended in Sep. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.424/( ( (1.689 + max(3.819, 0)) + (1.571 + max(3.289, 0)) )/ 2 )
=-6.424/( ( 5.508 + 4.86 )/ 2 )
=-6.424/5.184
=-123.92 %

Note: The EBIT data used here is four times the quarterly (Sep. 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.


ZW Data Action Technologies  (LTS:0HXO) 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.


ZW Data Action Technologies ROC (Joel Greenblatt) % Related Terms

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ZW Data Action Technologies (LTS:0HXO) Business Description

Traded in Other Exchanges
Address
No. 2 Fengfu Road, Room 1811, Xinghuo Keji Plaza, Fengtai District, Beijing, CHN, 100195
ZW Data Action Technologies Inc is engaged in providing Internet advertising, precision marketing, e-commerce online to offline (O2O) advertising and marketing services as well as the related data and technical services to small and medium enterprises in the PRC. It offers a variety channels of advertising and marketing services through its system, including distribution of the right to use search engine marketing services, provision of online advertising placements on its web portals, provision of ecommerce O2O advertising and marketing services and provision of other related value-added data and technical services to maximize market exposure and effectiveness for clients.

ZW Data Action Technologies (LTS:0HXO) Headlines

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