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Doyen International Holdings (HKSE:00668) ROC (Joel Greenblatt) % : 1,387.19% (As of Jun. 2024)


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What is Doyen International 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. Doyen International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1,387.19%.

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

HKSE:00668' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2987.64   Med: 491.49   Max: 19300.99
Current: 1312.2

During the past 13 years, Doyen International Holdings's highest ROC (Joel Greenblatt) % was 19300.99%. The lowest was -2987.64%. And the median was 491.49%.

HKSE:00668's ROC (Joel Greenblatt) % is ranked better than
89.59% of 394 companies
in the Credit Services industry
Industry Median: 42.905 vs HKSE:00668: 1312.20

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


Doyen International Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Doyen International 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.

Doyen International Holdings ROC (Joel Greenblatt) % Chart

Doyen International Holdings 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 -2,987.64 3,800.95 2,920.08 -531.55 991.00

Doyen International Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1,273.30 -1,537.96 921.44 1,187.62 1,387.19

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

For the Credit Services subindustry, Doyen International 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.


Doyen International Holdings's ROC (Joel Greenblatt) % Distribution in the Credit Services Industry

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

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



Doyen International 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.542 + 0 + 3.1500000000001) - (53.453 + 0 + 3.771)
=-43.532

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.916 + 0 + 0) - (37.247 + 0 + 25.37)
=-58.701

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Doyen International Holdings for the quarter that ended in Jun. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=42.996/( ( (3.536 + max(-43.532, 0)) + (2.663 + max(-58.701, 0)) )/ 2 )
=42.996/( ( 3.536 + 2.663 )/ 2 )
=42.996/3.0995
=1,387.19 %

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


Doyen International Holdings  (HKSE:00668) 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.


Doyen International Holdings ROC (Joel Greenblatt) % Related Terms

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


Doyen International Holdings Business Description

Traded in Other Exchanges
N/A
Address
25 Harbour Road, Harbour Centre, Suite 2206, 22nd Floor, Wanchai, Hong Kong, HKG
Doyen International Holdings Ltd, through its subsidiaries, is engaged in the provision of loan financing and property investment and rental activities. The company's business segments are Investment property holding, Dongkui business, Distressed assets management, and Sales of flowers and plants. Investment property holding includes property investment and rental activities. Dongkui business includes the provision of loan financing. Distressed assets management engaged in the provision of distressed assets management. Sales of flowers and plants segment includes selling of flowers, seedlings and plants.
Executives
Galaxy Bond Holdings Limited 2106 Person having a security interest in shares
Lin Xuegang 2201 Interest of corporation controlled by you
Xue Yuewu 2201 Interest of corporation controlled by you
Money Success Limited 2101 Beneficial owner
Chiu Kit Hung 2202 Interest of your spouse
Lo Siu Yu 2201 Interest of corporation controlled by you
Chong Qing Ming Na Mao Yi You Xian Gong Si 2106 Person having a security interest in shares
Baoli International (hong Kong) Trading Co., Ltd. 2101 Beneficial owner
Hong Kong Jin Hua Jun Chang Industrial Limited 2101 Beneficial owner
You Tao 2201 Interest of corporation controlled by you
Jiang Su Hua Xi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Chen Aini 2202 Interest of your spouse
Money Success Limited 2101 Beneficial owner
Lin Xuegang 2201 Interest of corporation controlled by you
Wealthy In Investments Limited 2201 Interest of corporation controlled by you

Doyen International Holdings Headlines

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