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Most Kwai Chung (HKSE:01716) ROC (Joel Greenblatt) % : 307.47% (As of Sep. 2024)


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What is Most Kwai Chung 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. Most Kwai Chung's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 307.47%.

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

HKSE:01716' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -754.75   Med: 158.48   Max: 421.09
Current: -93.07

During the past 10 years, Most Kwai Chung's highest ROC (Joel Greenblatt) % was 421.09%. The lowest was -754.75%. And the median was 158.48%.

HKSE:01716's ROC (Joel Greenblatt) % is ranked worse than
81.51% of 1033 companies
in the Media - Diversified industry
Industry Median: 8.21 vs HKSE:01716: -93.07

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


Most Kwai Chung ROC (Joel Greenblatt) % Historical Data

The historical data trend for Most Kwai Chung'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.

Most Kwai Chung ROC (Joel Greenblatt) % Chart

Most Kwai Chung Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.16 134.69 -666.29 -754.75 -328.76

Most Kwai Chung Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -243.73 -846.28 -157.95 -599.06 307.47

Competitive Comparison of Most Kwai Chung's ROC (Joel Greenblatt) %

For the Advertising Agencies subindustry, Most Kwai Chung'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.


Most Kwai Chung's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Most Kwai Chung's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Most Kwai Chung's ROC (Joel Greenblatt) % falls into.


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Most Kwai Chung 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.984 + 0.473 + 0.011999999999993) - (6.891 + 0 + 5.636)
=-3.058

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.663 + 0.479 + 0.012000000000008) - (7.09 + 0 + 7.337)
=-3.273

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Most Kwai Chung for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9.596/( ( (2.911 + max(-3.058, 0)) + (3.331 + max(-3.273, 0)) )/ 2 )
=9.596/( ( 2.911 + 3.331 )/ 2 )
=9.596/3.121
=307.47 %

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


Most Kwai Chung  (HKSE:01716) 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.


Most Kwai Chung ROC (Joel Greenblatt) % Related Terms

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


Most Kwai Chung Business Description

Traded in Other Exchanges
N/A
Address
11-13 Tai Yuen Street, Unit 8, 16thFloor, Block B, Tung Chun Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Most Kwai Chung Ltd is engaged in the provision of digital media services, print media services and other media services which include events organization and artistes management. Its operating segment includes Digital media services, Print media services, and Other media services. Digital media services is engaged in the provision of one-stop advertising solution packages. The Print media services represent advertorial production and advertisement placement services and sale of publications including books and magazines. It generates maximum revenue from the Digital media services segment. Geographically, it operates only in Hong Kong.
Executives
Leung Hoi Yui 2501 Other
Lui Yu Kin 2101 Beneficial owner
Chan Christine Kar-hey
Chan Mavis Pak Ling
Blackpaper Limited 2401 A concert party to an agreement to buy shares
Chui Cheung Lam 2501 Other
Wong Kar Wai 2501 Other
Yuen Kam Shing 2501 Other
Iu Kar Ho 2401 A concert party to an agreement to buy shares
Luk Ka Chun 2401 A concert party to an agreement to buy shares

Most Kwai Chung Headlines

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