GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Huscoke Holdings Ltd (HKSE:00704) » Definitions » ROC (Joel Greenblatt) %

Huscoke Holdings (HKSE:00704) ROC (Joel Greenblatt) % : -0.74% (As of Sep. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Huscoke 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. Huscoke Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -0.74%.

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

HKSE:00704' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -124.09   Med: 10.84   Max: 175.89
Current: -0.37

During the past 13 years, Huscoke Holdings's highest ROC (Joel Greenblatt) % was 175.89%. The lowest was -124.09%. And the median was 10.84%.

HKSE:00704's ROC (Joel Greenblatt) % is ranked worse than
61.8% of 178 companies
in the Other Energy Sources industry
Industry Median: 12.285 vs HKSE:00704: -0.37

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


Huscoke Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Huscoke 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.

Huscoke Holdings ROC (Joel Greenblatt) % Chart

Huscoke Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.56 10.84 -124.09 175.89 -

Huscoke Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 -259.53 303.28 -10,546.35 1,069.22 -0.74

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

For the Thermal Coal subindustry, Huscoke 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.


Huscoke Holdings's ROC (Joel Greenblatt) % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Huscoke Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Huscoke 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: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(187.459 + 0 + 159.152) - (1179.062 + 0 + 189.126)
=-1021.577

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (150.944 + 0 + 5.6843418860808E-14)
=-150.944

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Huscoke Holdings 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. 2022  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-12.416/( ( (5.287 + max(-1021.577, 0)) + (1674.22 + max(-150.944, 0)) )/ 2 )
=-12.416/( ( 5.287 + 1674.22 )/ 2 )
=-12.416/839.7535
=-1.48 %

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


Huscoke Holdings  (HKSE:00704) 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.


Huscoke Holdings ROC (Joel Greenblatt) % Related Terms

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


Huscoke Holdings (HKSE:00704) Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Room 2301, 23rd Floor, Tower One, Lippo Centre, Hong Kong, HKG
Huscoke Holdings Ltd is a Hong Kong-based investment holding company engaged in the production and trading of coal. The firm operates through three segments namely Coke trading, Coal-related ancillary and Coke production. The majority of revenue is generated from coal production segment which involves the processing of refined coal into coke for sales, and the sale of coke by-products that are generated during coke production.
Executives
Zhao Xu Guang 2201 Interest of corporation controlled by you
Wahen Investments Limited 2101 Beneficial owner
Li Hongwei 2201 Interest of corporation controlled by you
Liberal Expansion Limited 2201 Interest of corporation controlled by you
Shun Wang Investments Limited 2101 Beneficial owner
Whole Advance Limited 2201 Interest of corporation controlled by you
Rong Tai Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Rong Tai Zi Yuan You Xian Gong Si 2101 Beneficial owner

Huscoke Holdings (HKSE:00704) Headlines

No Headlines