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QuantaSing Group (FRA:MK60) ROC (Joel Greenblatt) % : 1,173.02% (As of Dec. 2024)


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What is QuantaSing Group 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. QuantaSing Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 1,173.02%.

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

FRA:MK60' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2323.45   Med: -652.38   Max: 788.56
Current: 788.56

During the past 4 years, QuantaSing Group's highest ROC (Joel Greenblatt) % was 788.56%. The lowest was -2323.45%. And the median was -652.38%.

FRA:MK60's ROC (Joel Greenblatt) % is ranked better than
97.76% of 268 companies
in the Education industry
Industry Median: 15.755 vs FRA:MK60: 788.56

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


QuantaSing Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for QuantaSing Group'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.

QuantaSing Group ROC (Joel Greenblatt) % Chart

QuantaSing Group Annual Data
Trend Jun21 Jun22 Jun23 Jun24
ROC (Joel Greenblatt) %
-2,323.45 -1,121.16 -183.60 496.52

QuantaSing Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 515.26 -27.81 1,458.10 684.85 1,173.02

Competitive Comparison of QuantaSing Group's ROC (Joel Greenblatt) %

For the Education & Training Services subindustry, QuantaSing Group'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.


QuantaSing Group's ROC (Joel Greenblatt) % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, QuantaSing Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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QuantaSing Group 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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.189 + 0.966 + 26.755) - (39.166 + 65.034 + 0.0010000000000048)
=-74.291

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.152 + 1.757 + 20.852) - (38.843 + 56.088 + 0.00099999999999056)
=-70.171

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of QuantaSing Group for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=72.528/( ( (6.826 + max(-74.291, 0)) + (5.54 + max(-70.171, 0)) )/ 2 )
=72.528/( ( 6.826 + 5.54 )/ 2 )
=72.528/6.183
=1,173.02 %

Note: The EBIT data used here is four times the quarterly (Dec. 2024) 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.


QuantaSing Group  (FRA:MK60) 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.


QuantaSing Group ROC (Joel Greenblatt) % Related Terms

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QuantaSing Group Business Description

Traded in Other Exchanges
Address
Ronsin Technology Center, 2nd Floor, Building D, Chaoyang District, Beijing, CHN, 100102
QuantaSing Group Ltd is a learning service provider in China's adult learning market for personal interest courses. It offers easy-to-understand, affordable, and accessible online courses to adult learners under various brands, including QiNiu, Kelly, and QianChi among others empowering them to pursue personal development. The company offers courses for various domains such as financial literacy, skill upgrading, recreation, and leisure which are offered in live large-class dual-instructor mode, online community-based training camp mode, and in live lecture, one-on-one tutoring mode. Its segments are; Learning service and others which derives key revenue, and Consumer business. Geographically, the company generates all of its revenue from the People's Republic of China.

QuantaSing Group Headlines

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