GGEI (Green Giant) ROC (Joel Greenblatt) %: -2,574.14% (As of Dec. 2023)

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GGEI Green Giant Inc GGEI
16 GF Score
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What is Green Giant ROC (Joel Greenblatt) %?

Green Giant GGEI 16 ROC (Joel Greenblatt) % is -2,574.14% as of Dec. 2023. GuruFocus rates GGEI with a GF Score™ of 16/100.

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. Green Giant's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2,574.14%.

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

GGEI's ROC (Joel Greenblatt) % is not ranked *
in the Real Estate industry.
Industry Median: 12.85
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Green Giant  (OTCPK:GGEI) 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.


Green Giant ROC (Joel Greenblatt) % Related Terms


Green Giant ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Green Giant'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.

Green Giant ROC (Joel Greenblatt) % Chart

Green Giant Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.88 -369.96 1,612.58 -5,375.22 -2,257.08

Green Giant Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -13.11 -13.81 -10.14 -205.64 -2,574.14

GGEI vs JVA, NATR, BABB: ROC (Joel Greenblatt) % Comparison

For the Real Estate - Development subindustry, Green Giant'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.


Green Giant ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Green Giant's ROC (Joel Greenblatt) % distribution charts can be found below:

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


GGEI
16GF Score
Green Giant Inc GGEI
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Green Giant 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.007 + 31.265) - (59.652 + 21.137 + 0)
=-49.517

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.007 + 31.211) - (61.307 + 21.772 + -1.4210854715202E-14)
=-51.861

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Green Giant 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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-11.648/( ( (0.449 + max(-49.517, 0)) + (0.456 + max(-51.861, 0)) )/ 2 )
=-11.648/( ( 0.449 + 0.456 )/ 2 )
=-11.648/0.4525
=-2,574.14 %

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

What does a ROC (Joel Greenblatt) % of -2,574.14% mean?
Green Giant (GGEI) has a ROC (Joel Greenblatt) % of -2,574.14% as of Dec. 2023. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Green Giant and its competitors.
Is Green Giant's ROC (Joel Greenblatt) % too high?
Green Giant's current ROC (Joel Greenblatt) % is -2,574.14%. Overall, Green Giant has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Green Giant's ROC (Joel Greenblatt) % compare to JVA and NATR?
Green Giant's ROC (Joel Greenblatt) % of -2,574.14% can be compared against companies in the Real Estate industry. The industry median ROC (Joel Greenblatt) % is 12.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.85, based on 1,748 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Green Giant and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Giant's current ROC (Joel Greenblatt) % is -2,574.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Giant stock overvalued right now?
Green Giant (GGEI) has a current ROC (Joel Greenblatt) % of -2,574.14%. The current ROC (Joel Greenblatt) % is -2,574.14%. Green Giant's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Green Giant (GGEI), the current ROC (Joel Greenblatt) % is -2,574.14% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Green Giant Business Description

Address 6 Xinghan Road, 19th Floor, Shaanxi Province, Hanzhong, CHN, 723000
Green Giant Inc is engaged in real estate development buisness and green energy business. The Company engages in real estate development through the VIE, Guangsha, in mainland China, and is transitioning itself from its real estate development business to a new energy corporation. It is engaged in the construction and sale of residential apartments, car parks, and commercial properties. The company's real-estate properties include multi-layer apartment buildings, sub-high-rise apartment buildings, and high-rise apartment buildings. The project portfolios of the company are Yangzhou Pearl Garden Phase I and II, Nanyuan II Project, Mingzhu Garden, Oriental Pearl Garden, and Yangzhou Palace. Majority of the Company's revenue is derived from real estate sales.
16GF Score

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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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