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ZBAI (ATIF Holdings) ROC (Joel Greenblatt) % : -1,418.18% (As of Jan. 2025)


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What is ATIF Holdings 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. ATIF Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2025 was -1,418.18%.

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

ZBAI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -284.69   Med: -169.68   Max: 6130.34
Current: -284.69

During the past 8 years, ATIF Holdings's highest ROC (Joel Greenblatt) % was 6130.34%. The lowest was -284.69%. And the median was -169.68%.

ZBAI's ROC (Joel Greenblatt) % is ranked worse than
91.35% of 659 companies
in the Capital Markets industry
Industry Median: 45.18 vs ZBAI: -284.69

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


ATIF Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for ATIF Holdings'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.

ATIF Holdings ROC (Joel Greenblatt) % Chart

ATIF Holdings Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -276.58 -190.41 -148.94 -198.14 -205.67

ATIF Holdings Quarterly Data
Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 -234.56 -311.04 -302.42 -1,378.40 -1,418.18

Competitive Comparison of ATIF Holdings's ROC (Joel Greenblatt) %

For the Capital Markets subindustry, ATIF Holdings'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.


ATIF Holdings's ROC (Joel Greenblatt) % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ATIF Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



ATIF Holdings 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: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.2 + 0 + 0.053000000000001) - (0.52 + 0 + 0.084)
=-0.351

Working Capital(Q: Jan. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.015000000000001) - (0.77 + 0 + 0.001)
=-0.756

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of ATIF Holdings for the quarter that ended in Jan. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2024  Q: Jan. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.404/( ( (0.099 + max(-0.351, 0)) + (0 + max(-0.756, 0)) )/ 1 )
=-1.404/( ( 0.099 + 0 )/ 1 )
=-1.404/0.099
=-1,418.18 %

Note: The EBIT data used here is four times the quarterly (Jan. 2025) 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.


ATIF Holdings  (NAS:ZBAI) 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.


ATIF Holdings ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of ATIF Holdings's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


ATIF Holdings Business Description

Traded in Other Exchanges
N/A
Address
25391 Commercentre Drive, Suite 200, Lake Forest, CA, USA, 92630
ATIF Holdings Ltd is a consulting company. It provides financial and advisory services to small and medium-sized enterprises and also to individual customers and families. The firm also offers Pre-IPO's, and Post-IPO's services. It operates in one operating segment which is the consulting service business. It generates the majority of its revenue from the USA.
Executives
Liu Kwong Sang director 1003 10/F RIGHTFUL CENTER, 12 TAK HING STREET TSIM SHA TSUI, KOWLOON K3 00000
Jun Liu director, 10 percent owner, officer: Chief Executive Officer ROOM 3803 DACHONG INT'L CENTRE, 39 TONGGU RD, NANSHAN DISTRICT, SHENZHEN F4 518000
Lei Yang director ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yongyuan Chen director ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yue Ming director, officer: Chief Financial Officer ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Tianzhen Investments Ltd 10 percent owner 25391 COMMERCENTRE DR., STE 200, LAKE FOREST CA 92630