GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Crown International Corp Ltd (HKSE:00727) » Definitions » ROC (Joel Greenblatt) %

Crown International (HKSE:00727) ROC (Joel Greenblatt) % : -1.71% (As of Sep. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Crown International 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. Crown International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -1.71%.

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

HKSE:00727' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -132.64   Med: 3.77   Max: 3380.37
Current: -40.84

During the past 13 years, Crown International's highest ROC (Joel Greenblatt) % was 3380.37%. The lowest was -132.64%. And the median was 3.77%.

HKSE:00727's ROC (Joel Greenblatt) % is ranked worse than
86.66% of 1784 companies
in the Real Estate industry
Industry Median: 9.935 vs HKSE:00727: -40.84

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


Crown International ROC (Joel Greenblatt) % Historical Data

The historical data trend for Crown International'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.

Crown International ROC (Joel Greenblatt) % Chart

Crown International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 2.44 -12.05 -82.46 -132.64

Crown International Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 -3.68 -165.53 -139.52 -73.53 -1.71

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

For the Real Estate Services subindustry, Crown International'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.


Crown International's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

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

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



Crown International 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: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.65 + 749.852 + 519.933) - (477.487 + 0 + 140.45)
=666.498

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 719.542 + 515.939) - (460.193 + 0 + 124.399)
=650.889

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Crown International 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: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-13.996/( ( (168.533 + max(666.498, 0)) + (152.615 + max(650.889, 0)) )/ 2 )
=-13.996/( ( 835.031 + 803.504 )/ 2 )
=-13.996/819.2675
=-1.71 %

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.


Crown International  (HKSE:00727) 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.


Crown International ROC (Joel Greenblatt) % Related Terms

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


Crown International (HKSE:00727) Business Description

Traded in Other Exchanges
N/A
Address
18 Harbour Road, Suite 902, 9th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Crown International Corp Ltd is an investment holding company. The company's operating segment includes Property investment; Property development; Hotel operations; Financial consultancy service and Comprehensive healthcare planning and management services. It generates maximum revenue from the Property investment segment. Geographically, it derives revenue from Hong Kong.
Executives
Middleton Edward Simon 2501 Other
Yeung Mei Lee 2501 Other
Yeung Ka Man 2501 Other
Liu Xinjun 2202 Interest of your spouse
Li Yongjun 2201 Interest of corporation controlled by you
Eternal Glory Holdings Limited 2101 Beneficial owner
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Fresh Idea Ventures Limited 2106 Person having a security interest in shares
Huarong International Financial Holdings Limited 2201 Interest of corporation controlled by you
Hung Man 2101 Beneficial owner
Redstone Capital Corporation 2101 Beneficial owner
Crown International Corp. Limited 2101 Beneficial owner
Dong Feng 2201 Interest of corporation controlled by you
Topper Alliance Limited 2201 Interest of corporation controlled by you
Crown Landmark Fund L.p. 2201 Interest of corporation controlled by you

Crown International (HKSE:00727) Headlines

No Headlines